Volume 9 Issue 21

More Work Needed on Sustainability Standards

Trade associations in the lubricants industry have taken significant steps the past few years developing standards to help quantify the sustainability of products that companies sell, speakers said this week at a tribology conference in Minneapolis, Minnesota, but more work remains to make a big impact on greenhouse gas emissions.

EV Manufacturing Brings Impacts, Opportunities

Although vehicle manufacturers’ transition to electric vehicles manufacturing is expected to reduce metalworking fluids consumption, it is also expected to bring some growth opportunities, according to findings highlighted in a Kline & Co. webinar last week.

Lubrizol Posts Improved Earnings

Lubrizol reported higher first-quarter pre-tax earnings despite a drop in sales revenue – thanks to decreases in raw material and manufacturing costs.

From Other Editions of Lube Report

Caspian to Build Rerefinery Near Baku

Partnership to Bring Graphene to Middle East

Base Oil Output, Demand Rise in India

Briefly Noted

The Society of Tribologists and Lubrication Engineers announced that Jack McKenna, vice president of corporate accounts for Sea-Land Chemical Co. in Cleveland, Ohio, assumed the role of 2024-2025 STLE president for a one-year term that began on Tuesday, serving as its principal executive officer and chair of its board of directors. During his term, he will focus on STLE local sections and scholarships.

Palm Beach Gardens, Florida-based Palmdale Oil will distribute Castrol’s lubricants in Florida under a new distribution partnership announced on May 16.