Volume 2 Issue 18
With all the public holidays taking place around the world, business has been disjointed and difficult to conclude. The shipping market has suffered as a result, with all regions reported to be slower.-by Adrian Brown
Global demand for heavy-duty motor oils shrank slightly over the past four years, but consumption of genuine heavy-duty oils rose during that period and now accounts for 13 percent of the market, according to Kline & Co. consultancy.
Afton Chemical reported a higher operating profit and lower sales for the first quarter, compared to 2018s first quarter results.
Large potential disruptions loom on the horizon for the global lubricants industry - from electric vehicles to shared mobility, evolution in metalworking processes and changes in the materials used to make products such as automobiles. Speakers at a recent conference in Dubai said they expect big changes that will yield winners and losers.