ILMA Compoundings - Jul/Aug 2021 - 16

A Sunny
Outlook
W
hen the effects of pandemic
lockdowns inspired businesses
and governments to
recharge their sustainability efforts,
biolubricants stepped up as part of
the solution.
" Biolubricant markets have been
government-driven or regulatorydriven
for a while, " said Sharbel
Luzuriaga, project manager in the
Kline Group's energy/petroleum
practice. " We are getting closer to
that tipping point where demand for
biolubricants will be market-driven. "
It's becoming a world where
biolubricants are valued not just for
their biodegradability but for their
contributions to a life cycle view of
sustainability. Challenges remain, but
16
the outlook for biolubricants is sunny.
" Sustainability and environmental
protection are ideas whose time has
come, " said Mark Miller, CEO of
Biosynthetic Technologies.
A Life Cycle Perspective
In their infancy, biolubricants were
designed to avert damage to sensitive
forests and waterways. That narrow
concept is now yielding to a " holistic
view of preserving resources, " said
Luzuriaga. " It's about providing a
circular economy and raw materials
that will be reused. That point is also
connected to reduction of the waste
stream, and reduction of the waste
stream that might be toxic, while
keeping high performance levels. "
JULY/AUGUST 2021 | COMPOUNDINGS | ILMA.ORG
Industry
players see
nothing but
blue skies
for biobased
lubricants
In the 2010s, business and government
sustainability goals were gaining
momentum. The pandemic turned that
wave into a tsunami. " Governments are
taking stronger determination to target
environmental sustainability, especially
in Europe, and now in the U.S. with
the new administration, " Luzuriaga
said. " The U.S. was lagging behind
Europe over the last four or five years,
but expectations now are on what the
U.S. will be doing in this area. "
While details emerging in U.S. climate
change policies are scant on the
role of base oils, Miller believes that
the political climate creates opportunity
because " the world is moving
toward green. It's moving toward more
sustainability. "

http://www.ILMA.ORG

ILMA Compoundings - Jul/Aug 2021

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ILMA Compoundings - Jul/Aug 2021 - Cover1
ILMA Compoundings - Jul/Aug 2021 - Cover2
ILMA Compoundings - Jul/Aug 2021 - 1
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