Booming globalization has the worldwide marine lubes market growing at a rate of more than 4 percent per year in the next four years, and Asia – the largest geographical market – will be responsible for much of that increase, according to Technavio Research.
To Grow, A Venerable Industrial-Lubricants Firm Looks to Ohio
Back in the 1860s, before there was a Sun Oil Co., Philadelphia was home to a disruptive, fast-growing petroleum sector, including the industrial-lubricants firm now known as Houghton International Inc.
Houghton is still here, along with publicly traded rival Quaker Chemical Co. of Conshohocken. Houghton boss Michael Shannon says they're "like Villanova and St. Joe's," friendly neighborhood rivals.
But the business - and its owners - have left petroleum behind and gone profoundly international.
Hinduja Group Acquires Wallover in USA Through Gulf Oil Subsidiary Houghton
This acquisition marks Houghton’s latest strategic investment in the specialty metalworking and industrial fluids segment that enables the company to better serve North American manufacturers.
Rocol Develops Next Generation Lubricant for Wire Rope “Machines”
Wire ropes have been described as complex machines requiring dedicated lubricants to perform.
Trials of a technologically advanced wire rope lubricant introduced to the international market by ROCOL have prompted highly positive feedback from a leading offshore contractor.
Lubrizol, top large company winner, is creating humanistic culture in an old industry: Top Workplaces 2016
WICKLIFFE, Ohio -- For the past seven years, the Lubrizol Corp. has participated in Northeast Ohio's annual Top Workplaces survey, a tough competition for an industrial company that develops and manufactures chemicals. Still, for the last seven years, the Wickliffe-based global maker of specialty chemicals, polymers and lubricant additives has been named one of the top workplaces in the region, and one of only two industrials near the very top. This year, Lubrizol has been judged the No. 1 top workplace among larger companies, finishing ahead of previous first-place winners such as Hyland Software, Keller Williams Realty, Third Federal and Charles Schwab.