The lubricating oil additives market is set to rise by more than $2bn by 2026 according to a new report, potentially driven by increasing demand for renewable energy. Asia Pacific is the fastest growing additives market globally.
The American Chemical Council, working with the API and chemical manufacturers, is rising to the supply chain challenges created by the pandemic, including a new emergency protocol for interchanging additives.
Lubrizol and Lanxess are amongst the latest lubes and additive suppliers to announce new product as the industry faces the challenge of rising development costs to meet the low-viscocity trend.
As the Latin American car parc modernises, there's plenty of opportunities for high performance lube producers, according to Lube Report's conference summary
Lubrizol has introduced two new advanced four-stroke, low-ash technologies for the stationary natural gas market.
The automotive industry in China is pushing PPD volumes across the Asia Pacific region\n
The Chinese chemicals giant is bringing two facilities online in Q1
US additives producer presents on latest advances at industry conference\n
Exxon opens and OEM-focussed tech centre in Germany, as chemical specialist Lubrizol breaks ground on new operation to meet Brazil's domestic surfactant product demand as
A new report states that the global lubricant additives market is set to grow by almost 3%