Lubrication Engineers is Expanding
Industrial lubricants manufacturer Lubrication Engineers is investing U.S. $10 million on an expansion of its Wichita production facility, according to the Wichita Business Journal. Lubrication Engineers, founded in 1951, produces high-performance industrial lubricants and reliability products used in sectors such as mining, power generation, food processing, oil and gas, and heavy manufacturing. The company operates a 150,000-square-foot production facility in Wichita and serves customers in more than 60 countries. It is owned by private-equity firm Aurora Capital Partners.
A period of aggressive growth has seen Lubrication Engineers complete three acquisitions, including Royal Purple’s industrial lubricants business, RSC Bio Solutions and Southwestern Petroleum Lubricants. Paul Vallis, who took over as CEO of the company in December last year, said the lubricants manufacturer is gearing up for its largest expansion yet.
Lubrizol HD Hyundai Oilbank MoU
Lubrizol and HD Hyundai Oilbank have signed a memorandum of understanding (MoU) to pursue strategic collaboration in the Korean and Asia-Pacific lubricants market. The partnership establishes a framework for deeper technical and commercial cooperation, combining HD Hyundai Oilbank’s expertise in base oils with Lubrizol’s strengths in additives and specialty chemicals. Together, the companies aim to accelerate the development of lubricant solutions tailored to evolving customer and market demands across both regional and global markets.
Under the agreement, the companies will explore joint activities including additive and lubricant technology development, market intelligence sharing, product development programs, and qualification testing. By integrating their capabilities, Lubrizol and HD Hyundai Oilbank intend to improve speed to market, enhance product relevance, and provide stronger support for customers as industry requirements continue to change.