UK: Biolubricant Manufacturers On Tenterhooks For Pan-European Legislation
The anticipation of pan-European legislation is setting biolubricant manufacturers on edge, and rightly so. Forecasts clearly envisage a widespread boom and a significant rise in prosperity for market participants, as and when relevant environmental legislation hits the European market. However, significant challenges will accompany such opportunities, a primary example being the likely intensification of competition between independent suppliers and multinational petroleum companies.
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