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6 May 2019
Will Asia Pacific Become the Hub for the Entire Lubricants Value Chain?
All eyes are on Asia Pacific as the region continues to prosper. Rapid urbanisation coupled with a rise in affluence and economic stability have put Asian markets on the world map. The region now boasts some of the world’s fastest growing economies, and is quickly becoming a hub for many industries as well – including the lubricant market. According to this article from Fuels & Lubes , Asia Pacific ...
1 Apr 2019
Why do next generation gas engines need next generation oils?
Natural gas is one of the world’s fastest growing sources of energy. However, with fluctuating energy prices and more focus than ever on sustainability, market conditions are challenging. For owners and operators to ensure profitability, an efficient operation is critical. In an effort to increase power efficiency and reduce cost of ownership, gas engine builders are continuing to push the boundaries of engine...
25 Mar 2019
Enhancing steel mill operations using onsite grease analysis
Steel mills are amongst the most hostile manufacturing environments on earth. The punishing combination of extreme heat and heavy loads can compromise effective lubrication, risking costly and unplanned equipment downtime. Meanwhile, productivity demands on the industry have never been greater. Consequently, it is more essential than ever for operators to keep equipment performing at optimum levels, uninterrupted. ...
18 Mar 2019
What is driving India’s growing lube demand
India is flourishing. Considered the world’s fastest growing economy, India’s ascent has in turn, led to a burgeoning demand for lubricants. The country is now the world’s third largest lubricant market – just behind China and the United States – and is expected to expand consistently at a CAGR of 4.64% over the next four years . So what is contributing to the demand? Automobiles mostly...
11 Mar 2019
Can Sustainability be Sustained in the Lubricant Industry?
Is sustainability important to the lubricant industry? Europe seems to think so. Late last year the Union of the European Lubricants Industry (UEIL) announced the formation of a sustainability task force charged with developing a framework to measure the sustainability of lubricant companies. Curiously, the lubricant industry is not often viewed in tandem with sustainability efforts. This may be due to the industry...
4 Mar 2019
Marine lubricant demand to hold steady over the next 5 years
Higher efficiencies, the scrapping of older ships, and global trade wars are some of the reasons why the global marine lubricant demand is expected to hold steady over the next five years. According to forecasts from Kline , the consultancy specialist forecasts that the upturn in international trade and Group II base stocks will drive demand for marine lubricants, and offset the challenges of overcapacity in the global...
25 Feb 2019
Do higher quality lubricants = Higher Prices?
The emergence of innovative solutions in the digital age has spurred higher quality lubricants that promote better performance. For instance, the National Lubricating Grease Institute’s (NLGI) global Grease Production Survey (GPS) for 2017 found that the replacement of lower performing simple lithium greases with higher performing complex lithium greases with a CAGR of +2.3% in lithium complex over the past seven...
Hawk Hong Yue
18 Feb 2019
Shining a light on varnish in turbine oil
The market for turbines shows no signs of slowing down, especially in Asia Pacific where demand is driven by the region’s rising economic growth and the growing need to replace coal-fired plants. Consulting firm Technavio said that Asia Pacific “is expected to become the largest revenue-contributing region in the [turbine] market by 2020 and projected to occupy more than 49 percent of the overall market...
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