The Sixth ICIS Middle Eastern Base Oil Conference in Dubai
The Sixth ICIS Middle Eastern Base Oil Conference in Dubai, UAE was held with a presentation by Mr. Madjid Safdari from Export Department of Behran Oil Co. speaking about IRAN ENGINE OILS MARKET DEVELOPMENT- KEY ELEMENTS
The 6th ICIS Middle Eastern Base Oil Conference was held in Dubai Grand Hyatt Hotel from 13th to 14th October 2009. Around 231 professionals and experts with 33 nationalities from 100 companies participated in this event. Companies such as Exxonmobil, Afton Chemical, Chevron, Lubrizol, Ciba, Fuchs, Infineum, Nynas, S-oil, Aramco, Total, Ford Kline & Co and Petronas attended this conference from North America, Europe, South East Asia, Middle East and Africa.
Mr. Madjid Safdari from Behran Oil Co.- Export Department was one the selected speakers of the event. He brought a state-of-the-art and technical presentation on the Key Elements of Iran Engine Oils Market Development.
He categorized his presentation into 3 parts: The first part indicated some basic information on Iran macro economic and geographic conditions, structure of Iranian lubes market along with distinguishing Iran's major position in the Middle East lube market with its share of 39%.
In the second part, driving forces of Iranian Engine Oils market identified. Five driving forces of national legislations, lube marketers, OEMs, consumers and national economy and their influencing elements were indicated.
The key elements of each driving force were then highlighted as well as their effects in developing Iran Engine Oil market.
Finally in the last part, the roles of key elements in developing Iranian Engine Oils market illustrated by statistical measurement of their effects in terms of top-tier and economy class of engine oils market shares as well as drain intervals increase on a trend line up to 2018.
Key changes such as projected Group II, III base oil refineries, and vehicle modernization will play a substantial role in shaping engine oil market in future while technical barriers such as fuel quality must be solved as an essential.
Based on the information provided in the conference, Lubes'N'Greases magazine has issued a full article in their 28 October Issue of Lube Report-Volume 4 Issue 44 by Mark. T. Townsend noting the development opportunities in Iran engine oil market.
Direct access to the article at:
http://www.imakenews.com/lng/e_article001585740.cfm?x=bgdC94p,bdmV6sB9
Or read it at:
www.behranoil.com/english
BEHRAN News
