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DYM Resources featured in Lubes’n’Greases article about Belarus base oils and lubes export

Lubes’n’Greases, a renowned media in the field of lubricants, oils, and waxes, published DYM Resources’ comment on the recent suspension on exports of base oils and lubes in Belarus.

After Moscow halted crude deliveries, Minsk government decided to reduce local impacts by pausing exports of base oils and finished lubricants. Belarus is a key base oils and finished lubes supplier to Ukraine market as well as significant exporter of Group I grades via Baltic ports. Naftan refinery produces SN 150, SN 500, SN 1200 and other less common grades.

DYM Resources’ managing director Denis Varaksin noted that “the timing would be poor for any impact on base oils because the market recently began to pick up after demand was sluggish for most of 2019”.

“Oil products output can be reduced by half”

Read the full article by Boris Kamchev on Lubes’n’Greases.

DYM Resources is a base oils and slack wax trading company selling base oil globally in bulk, flexi-containers, rail tank cars, and trucks.

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Naftan refinery

Belarus Builds 460,000-ton Petcoke Unit at Naftan Refinery

Naftan refinery, Belarus’ biggest oil refinery, is undergoing a modernization program with plans to launch a 462,000-ton petroleum coke (petcoke) unit over the next several years, according to the company’s corporate newspaper.

The refinery will produce high-sulphur petroleum coke. Naftan refines Ural crude oil, which means sulphur levels will be around 3.5 to 4.5 percent based on similar Russian refineries operating on the same crude. DYM Resources sources say that the plant will be put into operation not earlier than 2018.

Naftan plans to supply petcoke to cement plants in Belarus. The petcoke is cheaper than coal, but gives off 20 percent more heat, according to Naftan chief engineer Grigoriy Plastinin.

Belarus has two refineries. The country was previously importing petcoke from Russia. The Naftan refinery is located in Novopolotsk, 200 km northeast of Minsk, Belarus’ capital.

DYM Resources is a niche carbon products trader for aluminum and metallurgical industries, with specialization in petcoke trading in Central Asia and Eastern Europe.

Source: DYM Resources

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