Global Lubricants Industry: A review of 2009

The global lubricants industry entered 2009 with significant negative momentum. The last quarter of 2008 was very bad in terms of sales growth, and worse was to come. In the first quarter of 2009, sales volumes dropped 20% to 40% depending on the end-use industry, product, and region. The second quarter was flat. Recovery seems to have started sometime in the third quarter of 2009 in Asia – particularly in China and India, as well as Indonesia and South America. In Europe, Germany and France seem to have weathered the recession quite well and are on the road to recovery. On the other hand, the United Kingdom, Ireland, and Spain continue to struggle due to their own housing bubbles. The United States is recovering, but high unemployment will continue to be an enduring problem. More…

written by Milind Phadke, Industry Manager, Energy

Opportunities in Lubricants: Latin America and Caribbean Market Analysis

Total’s Acquisition of ExxonMobil’s Vietnam Lube Business – Brief Analysis.

TOTAL announced on October 1 that it has signed a deal to buy 100% of the shares in ExxonMobil Vietnam Holding Co. Ltd. for its lubricants and specialties business in Vietnam. The purchase includes a lubricant blending plant in the southern Vietnamese province of Dong Nai and Exxon’s base oil distribution network throughout the country. (source OEM/Lube News)Continue reading

Global Lubricants Market

Global Recession Levels Serious Blow to Lubes Industry

The worldwide recession has sent the global lubricants market into a tailspin – even demand in the usually burgeoning Asia-Pacific region has slipped by almost 3%. But, while the global community may be “in it together,” the specific market drivers and impacts of the recession vary significantly from one geographic region to the next. Given this uncertainty, what might the finished lubes industry look like once the worst is over? Read more…

Opportunities in Lubricants: Latin America and Caribbean Market Analysis

A number of small niche marketers looking for a white knight may cause increased M&A activity for the lubricants industry

With the state of the current economy it may come as a surprise that a number of firms are continuing to acquire other companies. However bankers are pointing to early signs of a pick-up in mergers and acquisitions (Source Reuters). This pickup in M&A activity may be due to the recession though not all cases can be definitively linked to it!Continue reading

Global Lubricant Consumption

Global Aviation Turbine Engine Oil Suppliers 2009: Customer Value-Added Analysis

Kline & Company is pleased to announce a new study from its Energy practice, Global Aviation Turbine Engine Oil Suppliers 2009: Customer Value-Added Analysis.

This study is designed to help answer a number of strategically important questions regarding how manufacturers of global aviation turbine engine oil products are viewed by their customers and how they compare to their competitors in key areas. Products to be analyzed primarily include aviation turbine engine oils, and manufacturers will be rated on about 25 purchase factors.