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In recent years, original equipment manufacturers (OEMs) have been making efforts to transition their dealerships toward an agency model. This model gives OEMs greater control over their dealerships, with the dealers functioning more as service providers. This transition aims to enhance the customer experience and ensure brand consistency.
The global wax industry has experienced significant volatility recently, marked by abrupt shifts in supply and demand. The years 2020 to 2022 witnessed dramatic changes in wax supply, with petroleum wax suppliers exiting the market and synthetic wax suppliers expanding. This volatility has been further compounded by uneven demand in various applications due to uncertain
China’s automotive lubricants market is currently undergoing a significant transformation, driven by an array of factors that are reshaping its dynamics:
With a turbulent geo-political and economic environment as its background, personal mobility is struggling to adapt to a post-COVID world. In this article, Sharbel Luzuriaga, Industry Manager in our Energy division, will discuss how the collateral effects of the pandemic — including supply chain shortages and inflationary pressures — impacted the adoption rate of electric
Given the heightened focus on climate control and sustainability, data centers worldwide are working full throttle to develop cooling solutions that utilize less power and consume less water, providing opportunities in a rapidly developing technology: immersion cooling.
The automotive coolants market is experiencing changes, driven by shifts in automotive design technology, as well as the desire for longer fluid service life and better performance. Modern vehicles have engines that are downsized and have higher power density compared to conventional vehicles so that they are compact and can run faster. These engines function
Global energy needs increase continually. Primary energy demand grew by 6% in 2021. However, this steep growth was due to the drop in energy demand in 2020. Besides overall demand growth, one key development is the push for clean energy or decarbonization. Several governments in developed and developing countries have expressed their intention to reduce
As sustainability continued to steer the energy industry, Kline explored more than a few markets that will receive a boost from the quest for a greener world (natural gas, EVs) – along with some that won’t (PAO, used oil). In addition, we reported on industry shifts caused by the year’s biggest conflict: the Russia-Ukraine war.
Lubricants consumption in ASEAN (the Association of Southeast Asian Nations or ASEAN) is on the upswing after the region found its way to the path of economic recovery last year.
This article originally appeared in the November issue of TLT Brightstocks are mostly used to blend mid- to high-viscosity lubricants, such as automotive and industrial gear oils, marine cylinder oils, greases, monograde engine oils, and process oils. Brightstocks, along with other neutral oils, are used in varied proportions in lubricant formulations to blend various grades
