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18 Mar 2019
What is driving India’s growing lube demand
India is flourishing. Considered the world’s fastest growing economy, India’s ascent has in turn, led to a burgeoning demand for lubricants. The country is now the world’s third largest lubricant market – just behind China and the United States – and is expected to expand consistently at a CAGR of 4.64% over the next four years . So what is contributing to the demand? Automobiles mostly...
11 Mar 2019
Can Sustainability be Sustained in the Lubricant Industry?
Is sustainability important to the lubricant industry? Europe seems to think so. Late last year the Union of the European Lubricants Industry (UEIL) announced the formation of a sustainability task force charged with developing a framework to measure the sustainability of lubricant companies. Curiously, the lubricant industry is not often viewed in tandem with sustainability efforts. This may be due to the industry...
4 Mar 2019
Marine lubricant demand to hold steady over the next 5 years
Higher efficiencies, the scrapping of older ships, and global trade wars are some of the reasons why the global marine lubricant demand is expected to hold steady over the next five years. According to forecasts from Kline , the consultancy specialist forecasts that the upturn in international trade and Group II base stocks will drive demand for marine lubricants, and offset the challenges of overcapacity in the global...
25 Feb 2019
Do higher quality lubricants = Higher Prices?
The emergence of innovative solutions in the digital age has spurred higher quality lubricants that promote better performance. For instance, the National Lubricating Grease Institute’s (NLGI) global Grease Production Survey (GPS) for 2017 found that the replacement of lower performing simple lithium greases with higher performing complex lithium greases with a CAGR of +2.3% in lithium complex over the past seven...
Hawk Hong Yue
18 Feb 2019
Shining a light on varnish in turbine oil
The market for turbines shows no signs of slowing down, especially in Asia Pacific where demand is driven by the region’s rising economic growth and the growing need to replace coal-fired plants. Consulting firm Technavio said that Asia Pacific “is expected to become the largest revenue-contributing region in the [turbine] market by 2020 and projected to occupy more than 49 percent of the overall market...
11 Feb 2019
Introducing Maintenance ShopTalk: A new podcast series by Mobil
As we’ve all experienced before, some of the most valuable tips and lessons come from conversations with colleagues, industry partners and other experts. In today’s digital world, we have the opportunity to listen in on some of those conversations via podcasts, were a group of experts, enthusiasts and other passionate individuals get together to talk about the things that get them excited. That’s why...
28 Jan 2019
Productivity and Mobility Takeaways from Power Gen 2018
To close out 2018, we joined thousands of global power generation industry professionals at the POWER GEN conference in Orlando, FL. The event brought in more than 20,000 generation, utility, engine/ turbine and renewable energy companies to discuss the future of the industry This year, the Mobil team exhibited on the show floor and connected with industry peers to understand some of the challenges faced by today’s...
21 Jan 2019
Why the Industrial Internet of Things is important to the Lubricants industry
By now, many of us would have heard from many sources wax lyrical about the transformative potential of the Industrial Internet of Things (IIoT) and Industry 4.0 . Some of us may have started implementation earlier, and may begin to realize the benefits. A few of us would probably still be wondering where to begin. Essentially, Industry 4.0 generates, analyzes, and manages data in real-time for operational planning...
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