Volume 2 Issue 5
Adrian Brown is away. His column will reappear in the February 6 edition of Lube Report Americas.
Marine lubricant demand remained on its steady - if slightly declining - course in 2018, totaling an estimated 2.3 million tons, according to consultancy Kline & Co. The firm expects that number to remain stable in the coming years.
Pugh Lubricants, Apollo Oil, Veterans Oil and Halco Lubricants, which identify themselves as a single lubricant and fuel distributor, announced two acquisitions this month. Apparently the trend of consolidation in the distributor segment is alive and well.
A majority of manufacturers in the United States are adopting some Industry 4.0 technologies, although many are still skeptical that the benefits of adopting the new technologies will outweigh the costs, according to a Shell Lubricants survey.