Fuchs SE has set out a new long-term growth roadmap, branded Fuchs100, with financial and strategic targets extending to its centenary in 2031. The plan was presented at a capital markets event at the company’s headquarters and builds on the prior Fuchs2025 program, according to the Mannheim-based lubricants supplier. In the past five years, Fuchs has acquired a slew of niche lubricant companies, including U.S. metalworking fluids specialist Irmco, Boss Lubricants in Australia, German specialt...

The European Commission says SCT Chemicals FZE is materially supporting Russia’s military-industrial complex. The Dubai-based company has been deemed “responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.” The commission maintains an expanding sanctions list of individuals and entities it says have aided Russia’s occupation of Ukraine since the 2022 invasion. Those listed face restrictions on trade and financial dealings ac...

Ukraine’s latest wave of long-range drone strikes has hit a key refinery in central Russia, targeting the Slavneft plant in Yaroslavl, which supplies base oils and fuels to the domestic market. The refinery – a 50-50 joint venture between Russian energy companies Gazprom Neft and Rosneft – has the capacity to produce around 150,000 metric tons per year of API Group I and 100,000 t/y of Group III base oils. Ukrainian drones struck the facility early on April 26, according to Russian and Uk...

German chemicals company Lanxess AG inaugurated a new lubricant additives blending unit at its site in Jhagadia, Gujarat. The company said the plant will initially focus on specialty lubricant additives. India is the world’s third-largest lubricants market and highlighted the importance of local production capabilities in supporting demand. The new unit joins an application technology centre in the country and will supply customers in India and export markets including the Middle East and oth...

Petronas Goes Pro Petronas Lubricants International launched the Petronas Pro Series, a new industrial lubricants range unveiled at a trade event in Kuala Lumpur. The range consolidates application-specific products under one brand to simplify selection and support operators across industries. The rollout includes four lines: ProKomp for air compressors, ProGris for heavy-duty greases, ProGear for gearboxes and ProHyd for hydraulic systems. Each is formulated to handle demanding conditions such...