Budenheim, whose products include lubricants for metal treatment applications, is investing €25 million (U.S. $26.5 million) to build analytical laboratories and research and development space – to be completed in the second half of 2025 – at its main production site in Budenheim, Germany. The company said its research includes development of lubricants and additives for the metalworking industry that contribute to the transformation toward electromobility and support the steel industry on its way to carbon dioxide neutrality.