DYM Resources recently completed the registration as a Value Added Tax (VAT) payer in Lithuania. In addition to that, the company has been previously registered as a VAT taxpayer in Estonia, Finland, Latvia and Germany, where DYM Resources is headquartered. Yury Burenko, Managing Director of DYM Resources, says that getting VAT number in Lithuania is a part of […]
DYM Resources’s leading biofuel feedstock trader Jev Savins successfully completed ISCC EU and PLUS Basic Training. ISCC is a sustainability certification system covering the entire supply chain and all kinds of biobased feedstocks and renewables. The seminar covered the following ISCC System components: System Overview and Legal Framework ISCC EU, ISCC PLUS and ISCC CORSIA: Commonalities and Differences […]
Russia’s base oil exports have reached their minimum since September 2020 on falling export demand and higher domestic prices in July. Comparing to June exports fell 12% and reached 78.13kt. After reaching their peak at the end of May – early June, base oils prices started to fall, SN 150 fob Baltic prices fell by 230 USD/mt and SN 500 fob Baltic dropped 460 USD/mt from […]
The financial results of DYM Resources for the first half of 2021 are officially ready. The first two quarters of 2021 turned out to be more successful than the same period of the previous year. Revenues received for the first half of the year are 2.8 times higher than in the first half of 2020. […]
13.07
2021
Base oil exports in June slightly increased
In June base oil exports from Russia increased 5%. This month total Russia exports were 91,28kt which is the highest figure since 2018. While in May there were no base oil river exports in Russia, in June they resumed – 14,09kt of base oils were exported through river from Volgograd. It’s 65% more than in […]
30.06
2021
Russian base oil exports in May grows 4%
Total Russia rail exports in May slightly increased 3,6% as refineries are coming back from heavy maintenance round in March-April and peak season demand eases. The most dramatic growth (47%) happened in Baltic exports – from 30,09kt to 44,16kt. This is the highest number for May since at least 2015. The exports from the Black Sea […]
From July on DYM Resources is getting a new product in their portfolio – paraffin wax of a new improved type (NSu). It is produced at Slavneft-YANOS PJSC – one of the largest refineries of Russia. The capacity of Slavneft-YANOS refinery is 15 million tons of crude oil annually. This paraffin wax can be used for making matches or as […]
Lubricant consumption worldwide dropped by 30-50% in March-April 2020 but returned to previous levels in the second half of the year, according to Konstantin Melnichuk from a consulting and research enterprise Kline & Company. The pandemic has severely impacted demand for lubricants in 2020 and worsened prospects for growth, Mr. Melnichuk said at CIS Base Oils […]
After last year’s cancelation, UNITI Mineral Oil Technology Congress is finally taking place in Stuttgart from 3d to 4th November this year. The UNITI Mineral Oil Technology Congress 2021 is a focal point for experts from the mineral oil sector to exchange and discuss innovations and developments in the lube and fuel industry. Trends in […]
Base oil exports in Russia in April fell dramatically as maintenance season reaches its peak. Total Russia rail and river exports decreased 27% in April compared to the previous month. However, 82kt is still the highest number for April exports since 2017 according to Argus Base Oils data. Last year’s number in April was 64kt. The most […]
