PALMYRACOMMODITIES

Base oil, matched to the blender who needs it.

Palmyra works between base oil producers and independent lubricant manufacturers — small parcels, awkward grades, and the requirements that fall outside an annual contract.

Based in Madrid, working with independent blenders across Southern and Eastern Europe.

3cSt
Light blending component
4cSt
0W-20, 0W-16, 5W-30 — the grade under tension
6cSt
5W-30, 10W-40, hydraulic ISO VG 32
8cSt
15W-40, hydraulic ISO VG 46, industrial gear oils

Group III and Group II paraffinics, and naphthenics for greases and metalworking fluids. Every parcel moves against a certificate of analysis.

What we do

Three things, and they are usually the same problem seen from two ends.

Sourcing

Finding base oil for blenders who cannot get it through their usual channel. Spot requirements, volumes below a producer's minimum, and grades that have gone short after a force majeure or a missed allocation.

Placement

Finding buyers for lots that are difficult to move. Heavy grades with no home in the engine oil market, batches that came in outside a producer's own specification, and material that has to leave a tank before month end.

Interchange

Establishing whether a base stock substitution is already covered under the ATIEL Code of Practice, whether it needs the additive supplier's agreement, and what the file has to contain either way. Most of the time the answer is knowable before anyone books a test.

Where we work

Base oil reaches Southern and Eastern Europe through a handful of northern terminals. We work between those and the independent blenders further south.

European marketsAlbaniaArmeniaBosnia and HerzegovinaBulgariaCyprusDenmarkIrelandEstoniaAustriaCzech RepublicFinlandFranceGeorgiaGreeceCroatiaHungaryBelarusLithuaniaSlovakiaLiechtensteinThe former Yugoslav Republic of MacedoniaMaltaFaroe IslandsAndorraLuxembourgMontenegroNorwayRomaniaRepublic of MoldovaSloveniaSwedenSwitzerlandUnited KingdomUkraineSan MarinoSerbiaGermanyLatviaBelgiumNetherlandsItalyPolandPortugalSpainTurkey
Spain
Madrid, Barcelona
Portugal
Lisbon
Italy
Milan, Naples
Poland
Warsaw, Gdańsk
Türkiye
Istanbul, Izmir

Blending markets
Countries where material lands — Rotterdam, Antwerp, Hamburg, Riga

How we work

Three rules we do not make exceptions to. They protect both sides of a transaction, and they are the reason a counterparty can deal with us on a first parcel.

No position without a buyer

We do not take title to material that has not been sold. Nothing we offer is inventory we are trying to clear.

Independent inspection before loading

Sampling and analysis by SGS, Intertek or Bureau Veritas on every parcel, at origin, before it moves.

The certificate is the specification

We warrant that material matches its certificate of analysis. We do not warrant how it will behave in your formulation — that judgement stays with you and your additive supplier.

Get in touch

If you are short on a grade, or holding one you cannot place, tell us what it is and when you need it resolved. We will come back within two working days either way.

Email
antonin@palmyracommodities.com
Telephone
+34 689 36 58 10
Location
Madrid, Spain
Languages
English, French, Spanish