Taking a look back and a look forward
After what can only be considered as a memorable year 2020, GEIR members are starting 2021 with confidence, taking stock of what has been accomplished over the year that passed.
It is true that 2020 came with its fair share of challenges, on both the personal and/or professional sides. However, it also brought to light one’s strengths – which is, for the re-refinery industry, its resilience.
Despite the difficult and unpredictable business and social environment created by the pandemic, which caused some limited shut down, re-refineries generally continued to treat and to recycle the significant amounts of used lubricants which were produced throughout Europe and their production of re-refined base oils represented a reliable, local source of base oils for lubricant producers. This makes us not only proud of what has been achieved, but also very confident for the months to come.
Regarding our activities at European level, one can only acknowledge that GEIR is a valued stakeholder, whose contribution in EU debates is sought after. These past months, the re-refinery industry’s views were listened to and reflected in several important ongoing reports. We can notably mention the forthcoming Circular Economy report, currently drafted by the European Parliament, but also our many contributions to the different studies on waste oils treatment and market, carried out by the Commission’s Joint Research Center. More recently, GEIR was also contacted with regard to the review of waste-related Annexes in the EU Regulation on Persistent Organic Pollutants (POPs Regulation).
Overall, our sector’s tenacity highlights our contribution to the EU’s economic recovery, which is fully aligned with its circular economy agenda.
LINK
www.geir-rerefining.org
Argus Base Oils Virtual Forum February 9, 2021 at 9:00am GMT and 4:00pm GMT
Join Argus’ Global Base Oils team on 9 February for the annual forum.
The Covid-19 outbreak defined the base oil market in 2020. The market faced unprecedented and unforeseeable challenges with supply and demand. Price volatility surged. The repercussions of these trends will extend well into 2021.
The Argus Base Oil Forum will look at these repercussions from a global and regional perspective. It will also provide an outlook of the key fundamentals and price trends for the coming year.
Speakers will include: Americas
Europe Russia
Asia Pacific & Middle East
Eva Molina, Global Deputy Editor
Global
Clara Toellner, Reporter
Konstantin Levchenko, Editor
Jane Liu, Associate Editor
Iain Pocock, Global Editor
Guo Harn (Marc) Harn, Senior Analyst
Catherine Caulfield, Base Oils Manager
Register Now
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