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Globally, China’s passenger car motor oil (PCMO) market ranks second in terms of volume, accounting for approximately 17% of demand. COVID-19 has slowed growth, with new vehicle sales declining by nearly 20%
The lubricants industry, while facing many challenges, is at the same time dramatically changing by embracing new technologies and digital innovation, as well as joining
After entering the U.S. market for synthetic passenger car motor oil (PCMO) in mid-December 2019 with its own branded full synthetic PCMO, Costco extended its
Demand for fuel additives is dependent upon two factors: fuel demand and fuel additive treat rates. All other things being unchanged, fuel additive demand should
Germany is one of the world’s most technologically advanced producers of transportation equipment, steel, iron, cement, chemicals, machinery, and machine tools. It is also the
Mexico is expected to resume growth in 2020 after last year’s economic stagnation, which was caused by a combination of negative factors including policy uncertainty
The shift from conventional petroleum wax-based products to synthetic and vegetable waxes is becoming intense. Non-conventional waxes, particularly Fischer-Tropsch’s and hydrogenated vegetable, are increasingly becoming
Metalworking fluids is the second-largest category within the industrial lubricant segment in Russia. The segment has been stable without large variations over the years. However,
With China’s slowing GDP, many changes and new economy sectors will play an increasingly important role in the country’s future economic growth. China’s economic structure
We’re all familiar, I suspect, with U.S.-based warehouse operator Costco Wholesale Corporation and its extensive, trusted Kirkland Signature private-label line of products, such as gasoline,
