Europe reported slightly lower grease production in 2019, according to a survey conducted by the United States-based National Lubricating Grease Institute.
Russian lubricant manufacturers are slashing investment, staff and marketing projects during the Covid-19 pandemic in favor of digital incentives, according to an industry survey.
Grease production in Russia rose 51 percent in 2019, continuing a four-year growth trend that has been boosted by a government-sponsored drive to replace imported goods with domestic alternatives, according to a market study.
Fears that the market for aviation lubricants and greases in the Middle East is unravelling as a result of the Covid-19 pandemic are exaggerated, analysts say.
Several trends in Africas mining industry - including a skills shortage, environmental issues and contracting practices - are causing mining companies to procure lubrication services such as taking of lube samples for monitoring, a Shell official told a recent conference.
Imports are on the rise in Russias grease market, but domestic lubricant makers are trying to displace them by offering products of similarly high quality. However, low-quality greases made by some domestic producers continue to dominate a large portion of the market, an industry insider said.
German lubricant and grease maker Zeller & Gmelin is expanding its grease production and tank storage capacity to meet growing demand. The expansion work at its Eislingen production site should be complete by the end of 2019, the company confirmed to Lube Report on Monday.
Russian grease marketer Intesmo increased its output by 25 percent in 2018, according to Lukoil, a partner in the joint venture with state-owned rail transportation monopoly Russian Railways.
Battery-powered vehicles have fewer grease applications than internal combustion engine vehicles, but EV components and changes in driving habits could still make opportunities for grease suppliers, an official with a German market research firm told an industry conference last week.
Russian lubes and greases marketer Obninskorgsintez is ramping up its grease production through robust marketing and expansion of its customer base, a company official told Lube Report.
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