The lubricants industry is navigating its fair share of obstacles right now. One of the most surmountable—but perhaps less talked about—challenges is talent attraction and personnel retention.
The lubricants, additives and base oils industry is facing a number of challenges that will affect the course of the industry now and into the future, including meeting sustainability targets, turning profit in an ever-changing business environment and operating within the confines of stringent regulatory requirements. Furthermore, the industry certainly has not been immune from the devastating and long-lasting effects of the COVID-19 pandemic and the war in Ukraine as well as rising energy costs, inflation and interest rates.
Fortunately, there is an answer to help the industry solve these challenges: people.