News

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 […]
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15.06 2021

Rosneft improves Yaroslavl paraffin NS quality

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 […]
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03.06 2021

How COVID-19 impacted base oils and lubricants market

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 […]
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21.05 2021

Russian base oil exports dropped 27% in April

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 […]
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17.05 2021

DYM Resources renews clearance with Rosneft

DYM Resources was positively evaluated for compliance with the qualification requirements to potential buyers of hydrocarbon raw materials, oil and gas processing products and petrochemicals at PJSC OC Rosneft in May 2021.   Rosneft is the biggest Russian oil producer and the 2nd biggest base oils and finished lubes exporter from Russia after Lukoil. Rosneft runs base oils units in Yaroslavl (50% share), Ufa, Novokuibyshevsk and Angarsk with total capacity close to […]
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14.05 2021

DYM Resources participates at Argus Bitumen and Asphalt Live 2021

DYM Resources’ Trading Director Yury Burenko is participating at Argus Bitumen and Asphalt Live 2021 virtual conference. The online event is happening from 25th to 27th of May 2021. To enable networking between global industry leaders, the event organizers created a text chat & video platform for scheduling 1-to-1 meetings with registered attendees. A recording of each […]
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11.05 2021

Financial results of the first quarter of 2021

DYM Resources prepared its financial results for the first quarter ended March 31, 2021. DYM’s sales and profits increased significantly in the first quarter. Revenues received for Q1 2021 are 3.4 times higher than for the same quarter of 2020. Record revenues for Q1 2021 are 66% of total 2020 revenues.   Working capital at the beginning […]
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07.05 2021

Fergana refinery is up for sale

The Fergana oil refinery, the second largest refinery in Uzbekistan in terms of refining volumes, has been put up for sale again. The announcement was posted on the website of the investment company UzAssets. The application process is open to all interested parties.  The Fergana oil refinery has been operating since 1959. Now the enterprise produces 60 […]
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