Why Biden’s Plans for More Wind Turbines Won’t Increase Lube Demand
If Joe Biden’s ambitious wind-turbine goals are realized, “thar’ she blows” could be shouted throughout the land. After all, the President’s initiative seems to be quite the bonanza for lubricants demand in the wind energy sector. Alas, if only that were true.
The plan is to develop large-scale wind farms along nearly the entire coastline of the United States, with Biden pledging to build 30,000 megawatts of offshore wind in the United States by 2030. Interior Secretary Deb Haaland has stated that her agency will formally begin the process of identifying federal waters to lease to wind developers by 2025.
How Autonomous Tractors Will Help OEM Genuine Oil Hit Paydirt
Unlike that old nursery rhyme, the farmer may actually no longer be in the dell. Between an aging population — today’s farmers are 60 years old on average — and unprecedented labor shortages, a growing number of farmers are climbing off their John Deeres and calling it a day. As crops lie unharvested and agricultural products from the U.S. become increasingly uncompetitive globally, hopes are turning to autonomous tractors.
These Skin-Saving Products Were Just Unveiled at Beauty Forum Munich
Beauty Forum Munich — touted as the largest autumn professional beauty fair in the DACH region — returned this year, to much fanfare. After a two-year absence due to the COVID-19 pandemic, much had changed — including the fact that the more than 1,460 exhibitors and 15,000 visitors were wearing face masks.
“On the heels of an extremely difficult year, the event provided an especially wonderful opportunity for in-person interactions with industry players in the professional skin care and nail care segments,” says Marina Drobnjak, a senior analyst at Kline & Company. It also gave those players an opportunity to unveil their latest beauty devices. Continue reading
Six Cleaning Trends Turbocharged by the Pandemic
Seemingly overnight, the pandemic forced the professional cleaning industry to jump from “normal” clean to COVID clean, where hygiene and safety were of critical importance. As a result, several cutting-edge cleaning trends such as “smart” sensors and robots (think R2D2 with a mop) began to rise in popularity. Continue reading
Double Agents and Deceit: How Lubricant Counterfeiters Are Duping Consumers
When the world shifted to e-commerce during the COVID-19 pandemic, manufacturers of counterfeit lubricants similarly took to the electronic superhighway. Along the way, they began appreciating both the many “rest stops” — giants like Amazon and eBay are lined with scenic unregulated third-party vendors — and their ability to reach a wider clientele.Continue reading
Demand for Food-Grade Lubricants Could Explode in These Regions
Consumption of food-grade lubricants could hit new highs in China and India, according to research from our first-ever dive into the industry.
“Rapid growth in consumption of food-grade lubricants is expected to occur over the next five years,” says Sushmita Dutta, Project Manager of our Energy sector. “Increasing consumer awareness, strengthening supervision and enforcement of regulations by the governments in these countries, and the rise in the number of food and beverage processing plants in 2020 represent only a few of the factors driving growth in these two markets.”
Sustainability in Lubricants Industry Survey 2021
A Collaboration Between Lube Magazine and Kline & Company
Sustainability is a critical global initiative, currently representing one of the key business drivers within the energy sector. Environment, Social, and Governance (ESG) standards are expected to have a profound impact on the operations and business practices of enterprises worldwide. To achieve their sustainability goals, companies across a wide range of industries will institute operational measures and decarbonization technologies.
EV Advancements: Germany’s Autobahn Could Get Truly Electrifying
The road to a German Green Party win may be filled with electric vehicles — ironically, due to Merkel’s pulling the plug.
Following its surprisingly strong showing in the nation’s recent parliamentary election — it achieved its best results ever in a national election, garnering almost 15% of the vote — the Party stands a high probability of becoming part of Germany’s new government coalition.
What Is Cultured Meat — And Is Anyone Really Going to Eat It?
Haute cuisine, nouvelle cuisine, fusion cuisine…lab-grown meat?
The latter may not conjure up images of Michelin stars, but lab-grown meat — more commonly known as “cultured meat” — is being touted far and wide as potentially the next big thing. But what exactly is it, and how is it made?Continue reading
The Bond-Builder Wars: Who’s Coming for Olaplex’s Crown?
Olaplex may be royalty in the bond-builders market, but that isn’t stopping other companies from trying to claim its throne.
The brand, which introduced the world to bond builders in 2014, is today on the verge of going public, with the initial stock offering projected to potentially raise $1.23 billion. In 2020, Olaplex was the only brand among the top 10 to register an increase — it was up double digits for the year — and had the distinction of being the sole brand to not post a decline. Olaplex was also one of only a handful of companies in 2020 to show increases across every channel.Continue reading
