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Celebrating 135 Years of AXEL!

Here's to 135 years of AXEL, and we eagerly look forward to a future filled with even greater challenges and opportunities!

A Year of Challenges, Important Milestones, and Gratitude.


Johan Stureson - CEO AXEL Group

The world is suffering from geo-political instability. The war in Ukraine carried over to 2023 and will be a part of 2024 too. In early October, we experienced another significant conflict in the Middle East, with the war in and around the Gaza Strip. Both occasions represent huge costs in terms of loss of human lives and endless suffering.

On top of this, we experienced a weakening economy in large parts of the world, and in some countries, it even qualified as a recession. On the climate change front, there remains so much more to do, and the evidence of the urgency is glaring, and challenging socio-political conditions persist across the globe.

On the business front, these circumstances influence us all in terms of overall demand for our products and the cost of raw materials, transportation, etc. Customer demand has decreased as past cautious purchases amid raw material uncertainties resulted in high inventory levels that are now adjusting downwards to normal levels. The consequence is that our customer demand is even lower than the actual consumption by end-users.

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AXEL 2023 at a Glance!

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With over 135 years of experience…

With over 135 years of experience, AXEL has followed its vision and expanded dramatically to become a leading global producer and supplier of lubricating grease to high-profile regional and international players.

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AXEL will be the leading and first choice supplier of customised solutions for the global lubricating grease market.

We Have the Solutions...

What's Your Role?


Optimise your grease portfolio, learn about market trends, and more.

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Get help with challenging applications, learn about new technologies, and more.

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Learn more about the training and support we can provide to sell grease more effectively.

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Reduce your grease acquisition costs, get product information, and more.

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Global and Prestigious Clients



We partner with national, regional and some of the largest and most prestigious companies who offer quality lubricating grease in their markets and around the world.

Business Cases

We base our development of high-performance lubricating grease on the challenges your customers face. Extreme operating conditions can endanger their productivity at every turn. In modern R&D facilities, AXEL turns harsh reality into profitable business. See some business case examples below.


Noion delivers end-user benefits traditionally impossible from a single product.

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