News

DYM Resources is an independent commodity trader specializing in niche oil products such as base oil, slack wax, petroleum coke, and other oil chemical and coal chemical products

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 […]
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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 […]
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DYM Resources bought Turkmenistan’s slack wax

DYM Resources has recently purchased 750 tons of a high quality paraffin slack wax from Turkmenistan commodity exchange for May-July 2022 loadings. Another Turkmen product recently sourced by DYM Resources was base oil SN 350. Slack wax from Turkmenbashi refinery is a product of a light colour, with kinematic viscosity of 4-5 and oil content […]
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Sanctions impact on Russian base oils flows

DYM Resources’ director for base oils and lubricants Denis Varaksin commented on the situation in the base oil market in the wake of the war in Ukraine.   A few Western energy companies such as BP, Shell and Equinor decided to exit joint ventures in Russia as a sign of protest against Russia’s military actions. […]
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