Global demand for food-grade lubricants is forecast to increase at a compound annual rate of 6.7 percent through 2021, with the fastest growth coming in the Asia-Pacific region, according to a study by Research and Markets. Shell Lubricants announced a strategic partnership with FAW Jie Fang Truck Co. to develop, market and sell co-branded engine, transmission and axle lubricants for heavy-duty trucks. Shell was already the Chinese truck makers designated supplier of lubricants for factory and replacement fill.
