Like it or not,the U.K.officially separated from the European Union(EU)on Jan.31.Due to the last-minute agreement between the sovereign U.K.and the EU,the impact of the departure will be delayed until Dec.31.During the ensuing 11-month transition period,everything remains as it was on Jan.31,except for the changes implemented and made effective by the U.K.The impact of the U.K.’s departure from the remaining 27-country market will be vast and varied-too comprehensive,indeed,to garner comment in this discussion.Instead,this piece will focus on those elements that should capture the interest of lubricant ingredient and product manufacturers and distributors whose downstream supply chains risk disruption.
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