Volume 5 Issue 50

Touting Industry’s Sustainability Contributions

The lubricants industry is the best kept secret in the battle to stop climate change and achieve sustainability goals, including improved fuel economy and reduced emissions, a speaker told an industry conference recently.

Dussur Buys Stake in Italmatch

Saudi investment firm Dussur has agreed to buy a minority stake in Italmatch Chemicals, a growing Italy-based company that supplies esters and chemical additives for a range of lubricants. The companies did not disclose how much Dussur has agreed to pay, but Bain said in a Dec. 9 news release that the Saudi firm “is expected” to own less than 20% of Italmatch after seeding an additional investment of €100 million to Italmatch.

Lubes’n’Greases December Issue Available

The December issue explores what it will take for the lubricants industry to sustain the various engine oil approval systems and delves into the ways that energy-efficient hydraulic fluids can help to lower costs for equipment owners. Plus, discover how base oil production in the United States during the first half of 2022 differed from previous years.

France Funds Recycling of Radioactive Lubes

A pilot plant in France to purify polyether-perfluorinated lubricants contaminated by uranium is among the projects earmarked for funding by the French government as part of a search for innovations in the management of radioactive waste. The government initiative aims to support development of safer nuclear energy.

From Other Editions of Lube Report

HPCL Ties to FuelBuddy for Deliveries

United Oil, Repsol Expand Indonesia Plant

Shell Acquires 49% Stake in Rerefiner

Briefly Noted

United Kingdom-based Castrol and Swedish company SKF are partnering to offer access to circular use of industrial lubricants through integration of SKF’s RecondOil double separation technology with Castrol’s metalworking lubricants to recondition used fluids.