North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the United States-based National Lubricating Grease Institute.
Three lubricant industry associations in the United States petitioned India’s government last week to approve the export of castor oil derivatives stuck at India ports as part of a national lockdown to combat the Covid-19 pandemic.
Lithium supplier Livent Corp. suspended operations at its two Argentinian facilities this week in accordance with a national mandatory quarantine aimed at containing the spread of Covid-19. Meanwhile, the company suspended all capital expansion work, including a lithium hydroxide project in the United States and a lithium carbonate project in Argentina, according to an announcement Monday.
United States wind operations and annual maintenance spending is expected to increase by 50 percent from 2018 to more than $7.5 billion by 2030, according to a recent report by IHS Markit. The forecasted increase stems from a race to leverage a soon-to-expire U.S. federal tax credit for wind energy.
Aerospace Lubricants is nearing completion on an expansion to add 10 million pounds of grease production capacity at its plant in Columbus, Ohio, to help increase its product offerings and to open up sales into the industrial, automotive and private label grease market segments.
A joint venture between Japanese grease maker Kyodo Yushi and its American partner Lubrication Engineers began operating a new grease plant in Wichita, Kansas, last week, Kyodo Yushi announced.
Axel Christiernsson AB announced on Monday a multi-million dollar expansion and improvement plan across its three grease plants in the United States, including increased capacity to produce calcium sulfonate complex. The company manufactures and supplies lubricating greases in the U.S. through its Axel Americas and Axel Royal companies.
The Fuchs Group acquired American synthetic lubricants blender Nye Lubricants Inc., the companies announced on Monday, expanding Fuchs specialty lubricants product portfolio.
Lubricant and grease production plants can improve efficiency and profitability by digitalizing their operations, an industry insider said at a conference in Chicago this month.
12Page 1 of 2