Volume 5 Issue 20
The new president of the Society of Tribologists and Lubrication Engineers said such professional organizations can play meaningful roles in helping industry solve the many challenges confronting the field today. In an interview with Lube Report, Ryan Evans said it will take thorough work to address such issues as electric vehicles, sustainability and artificial intelligence, even when the needs are urgent.
Custom Content in association with STARFIRE
Exceptional customer service and a comprehensive line of quality products has seen STARFIRE become the go-to brand for all your lubricants needs. It’s this winning combination that has helped Ohio-based Coolants Plus achieve sustained growth in recent years and really stand out in an increasingly competitive marketplace.
Oleochemical producer Oleon started construction of a new esters plant in Baytown, Texas, a $50 million investment, the Belgium-based company announced on Monday. Its natural esters are used in lubricants, including in environmentally acceptable lubricants. The production facility is scheduled to go into service at the end of 2023.
Moove, Brazil-based Cosan’s lubricants arm, reported higher profits and revenue despite lower sales volume in the first quarter. The São Paulo-based company reported consolidated net income of 101.9 million reals (U.S. $20.7 million), a 119% jump from 46.5 million reals in the same period last year, while revenue jumped 21% to 1.7 billion reals.