How Natural Gas Engines Will Assist the Transition to a Greener Power Grid
By David Tsui and Sushmita Dutta, Project Managers, Energy This article originally appeared in the October 2022 edition of Lube magazine.
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By David Tsui and Sushmita Dutta, Project Managers, Energy This article originally appeared in the October 2022 edition of Lube magazine.
As issues caused by climate change continue to cause worldwide concern, policymakers are scrambling to meet their future goal of becoming carbon neutral (or carbon negative). Among the initiatives they’re expending the most research and development efforts on: decarbonization and de-fossilization.
China’s lubricants market is on track for a downturn – and the slump is expected to last for the next decade.
The California Air Resources Board (CARB) — and areas following the Golden State’s footsteps — will likely ban new internal combustion engines (ICE) vehicles almost completely by 2035, but there are still plans by original equipment manufacturers (OEMs) to update their engine oil specifications. The reason?
This article originally appeared in the Society of Tribologists and Lubrication Engineer’s September edition of TLT magazine
The global finished lubricants market has been going through a phase of uncertainty, with a multitude of factors hampering its growth outlook. Several years ago, some countries faced a sovereign debt crisis, which cast a shadow on the global economic environment. Thereafter, the outbreak of the COVID-19 pandemic forced the world into a recession. More
After successfully adjusting to shifts in technology and formulation approaches, the lubricant additives industry is facing yet another challenge: the rapidly rising electric vehicle (EV) lubricants segment.
The U.S. finished lubricants market rebounded from COVID-19 and experienced a strong recovery in 2021, with volumetric demand reaching 97% of the 2019 level.
The overall electric two-wheeler parc may be minuscule, at 1% of the parc in Asia-Pacific, Europe, and the Americas, but it’s expected to grow exponentially and reach a share of 4% by 2026. The reason: COVID-19.
LATAM’s lubricants market is recovering from the COVID-19 crisis and nearing pre-pandemic volumes, but further growth will differ depending on the lubricants segment itself.
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