The European Union is going to embargo Russian crude oil and refined products by the end of this year. This measure is a part of the sixth round of the sanctions imposed on Russia after the beginning of the war in Ukraine. The only EU countries that still depend on Russian energy are Slovakia and […]
10.05
2022
Global lube player to exit Russian market
Shell plans to sell its Russian lubricant blending plant and all its fuel stations in Russia to Lukoil, according to insider’s information. On March 8th, Shell announced its intent to withdraw from Russian oil and gas. By the end of 2022 Shell is planning to completely stop cooperation with Russia. Shell’s blending plant, located in Torzhok […]
21.04
2022
DYM Resources starts loading MEG from China
DYM Resources started loading Chinese Monoethylene Glycol – raw material used in the production of engine coolants and other automotive aplications. Monoethylene glycol is a syrupy liquid that has no odour or colour. Monoethylene glycol market has changed since disruptions of supplies from a Russian major producer Sibur. DYM Resources can also supply […]
DYM Resources has bought 700 tons of base oil SN 350 from Turkmenistan commodity exchange for April, May and June 2022 loadings. Turkmenistan usually exports SN 150, SN 350 and SN 500 base oil grades. The recent purchase was made as a part of DYM Resources’ diversification strategy. Lately, exports from Russia almost ceased to […]
Last week ISCC announced a few restrictive measures against companies from Russia and Belarus as a reaction on the Russian invasion of Ukraine. The ISCC association expressed their concern about the ongoing war and decided to suspend the registration and certification of new Russian and Belarusian clients. Existing clients from Russia and Belarus are suspended […]
Base oils exports by railroad from Russia dropped 12% compared to the previous month to 109’000 tons of base oils. It is the lowest January volume in three years. January decline in exports came after record-high exports in December, when they reached 123’000 tons. The main reason for export decrease were congestions in Russian and Baltic […]
DYM Resources’ CEO Denis Varaksin has recently commented on Rosneft shipping base oils by sea in the new Lubes’n’Greases’ Lube report issue. Russian oil major Rosneft started shipping its base oils to Europe with its own vessels on FOB terms. Before that the company was doing base oil exports mostly with railway. The first batch […]
Taneco refinery owned by Tatneft is planning to start production of VHVI-6 base oil in spring 2022. This will eventually lead to reduce of production of VHVI-4 and export, according to market sources. Taneco’s base oil plant produces 90,000 metric tons per year of Group II and 100,000 tons per year of Group III base […]
30.12
2021
Happy New Year from DYM Resources
Time to say goodbye to 2021 – what a year has it been! With all the changes, challenges and uncertainties that 2021 brought to us, DYM Resources still managed to grow, develop its business and stay a trusted partner for old and new clients. We would like to thank all our partners, customers, and suppliers […]
13.12
2021
DYM Resources starts loading PAO from Russia
DYM Resources started shipping Polyalphaolefins (PAO) fluids from a Russian producer Taif in December 2021. The product can be supplied in IBCs, flexi-containers, and iso-tanks. PAO is a synthetic oil used for a huge range of applications. Its main advantages are very low pour point, very high viscosity index (VHVI), and low volatility. Properties […]
