Southeast Asia should see healthy demand growth for both industrial and automotive lubricants in coming years, according to a recent report by Ipsos Business Consulting. The industrial market is less competitive, but product distribution is key for all parts of the market, the firm concluded.
“Capturing the right opportunities within the industrial lubricant segment would probably provide higher profitability relative to the already saturated and competitive automotive lubricant segment,” Wijaya Ng, global industrial sector lead at Ipsos told Lube Report Asia in an interview. “The diversity of the manufacturing industries and their varied development trajectories in individual Asean countries make up an exciting and constantly evolving market with potentially lucrative niche opportunities.” Asean, the Association of Southeast Asian Nations, is an economic bloc of 10 countries from Southeast Asia.
ANGSVAGEN, Sweden—Polyurethane cast parts and rollers manufacturer Elastolan has replaced the curative MOCA with Chemtura’s Adiprene well before its REACH deadline in 2017.
Under the EU’s REACH chemical safety regulations, the use of MOCA will be prohibited within EU companies beyond November 2017.
Elastolan owner and CEO Ronnie Smahl said he had decided to quit MOCA, independent of any regulations, adding “we had to get permission every third year from the government to be able to handle it.”
Fuchs Petrolub plans to build a new grease plant in Johannesburg, South Africa, that will serve as the company’s hub for grease manufacturing for the rest of Africa, a company official said.
“Fuchs has identified South Africa as a hub for the manufacture of grease from which it will be distributed throughout Africa and is investing in the building of a new state of the art grease plant in South Africa,” Paul Deppe, managing director of Fuchs Lubricants South Africa, said in an interview. “The plant will have a capacity in excess of 4,000 tons per annum and although designed to manufacture lithium, lithium complex and aluminum complex greases, it will have the flexibility to manufacture other types of grease if required.”
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Barge traffic restrictions on the upper reaches of the Ohio River were lifted Monday, to the relief of lubricant blenders who depend upon the river for transport of base oil supplies.
Traffic of wet goods, including base oils and chemicals, was restricted for a week following a Jan. 9 accident in which rain-swollen currents sank a tug boat and six barges approximately 30 miles downriver from Pittsburgh. Three people died in the incident, during which the tug and three of the barges washed through a dam.
Expanded lube-oil blending plant: Hi-Tech Lubricants starts commercial production
KARACHI: Hi-Tech Lubricants has started commercial production from its expanded lube-oil blending plant established at a cost of Rs1.91 billion in Lahore, according to a bourse filing on Wednesday.
Shell, BP, Engen, Chevron and Total Lubricants lead the market share in the Automotive and Industrial Machinery Lubricants Market in South Africa
New Plant-Based Oil Emerging for Use in Industrial Products
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A new plant based oil is being developed to replace petrochemicals in industrial products ranging from fuels and lubricants to specialty chemicals and plastics, writes Hartley Henderson.
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In a joint project between the CSIRO and the Grains Research Development Corporation (GRDC) to establish the Crop Biofactories Initiatives (CBI), Safflower seed oil that contains over 92 percent oleic acid has been produced. This has been dubbed ‘Super High Oleic Safflower Oil’ (SHOSO).
Global Industry Insights on Synthetic Lubricants Market Size, Share, Analysis, Growth and Forecasts, 2012 To 2020
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On account of increasing demand from automotive and industrial applications, “synthetic lubricants market” is anticipated to witness lucrative growth over the forecast period. In addition, strong growth of automobile industry in India, China and Brazil is further expected to boost synthetic lubricants market in near future.
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Lubricants Market Size is Forecast to Generate USD 74.6 Billion Revenue by 2022
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Lubricants market size is forecast to generate USD 74.6 billion revenue by 2022; as per a new research report by Global Market Insights, Inc. Transportation industry growth, particularly automobile production, is likely to drive lubricants market size. Increase in drilling & exploration activities owing to growth in oilfield chemicals should also spur growth.
Food and beverage manufacturing facilities are tough environments for bearings. The avoidance of premature failures calls for smart approaches to their selection, operation and maintenance. PWE spoke to David Oliver, channel and platform development manager bearings and units at SKF. Almost every machine used in food and drinks production relies on bearings in its operation. In many instances, however, bearings fail prematurely.