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The lubricants market in North Africa
Establishment of local base stock plants will be crucial to support steady production levels
Tags:
frost and sulllivan,
nigeria,
egypt,
lubricants,
lubricant market,
richard orendo smith,
cmf research analyst,
chemical materials,
demand for lubricants is set to rise,
automotive lubricants,
rising cost of fossil fuel,
cagr,
industrial lubricants
The demand for lubricants in Africa stands at about 1.8 million metric tonnes, roughly 5% of total global demand. Nigeria and Egypt are two of the most lucrative markets in Africa, by size and potential revenue
11 Oct 2012 - S. J.