ILMA Compoundings April 2018 - 32
will require new formulations of
battery-cooling fluids. Overall, the
impact of e-mobility on global lubricants demand over the next 10 years
will be slightly negative on balance.
Demand in Europe could decrease by
up to 10 percent, and in the U.S. it
could fall by up to 20 percent, while
lube demand in China could increase
by 15 to 20 percent as a result of
increased car sales.
The evolution of e-mobility and the
replacement of the combustion engine
by a battery will create opportunities
for lube manufacturers. The whole
focus of carmakers - customers to
the lube industry - will shift from
their use phase to their supply chain
regarding carbon dioxide (CO2)
distribution. This means that the
low-CO2 footprint of a sustainable
Grounded in
chemistry.
Created for
reality.
lubricant will help car manufacturers
lower their overall carbon footprint.
In this way, sustainability becomes a
potential differentiation criterion and
competitive advantage for lubricant
manufacturers when reaching out to
customers.
The European Union will require
lubricant companies, like other
industries, to begin adopting sustainable business practices to cope with
such aforementioned disruptions
as e-mobility and digitalization.
Rather than waiting for authorities to dictate them, it would be
much better if the lube industry
proactively came up with standards,
benchmarks and key performance
indicators of its own now, while
there is still some breathing room
to do so. German lube associations
VSI and UNITI, together with
independent lubricant manufacturing companies, have established an
initiative named NaSch, which is
short for Nachhaltigkeitsinitiative
Schmierstoffindustrie, or sustainability initiative lubricants industry. Its
objective is to establish sustainability
standards, identify key performance
indicators and benchmarks for the
lubricants industry, and emphasize
the industry's value to society.
We need to pay attention to the
disruptions of today and tomorrow,
but they cannot kill demand for
lubricants. We need to continue to
adapt to new realities for the future of
our industry.
Gosalia is vice president of sustainability and
intelligence at Fuchs Petrolub SE.
ELCO 8715®. A COMPLETE PACKAGE
FOR FORMULATING GREASE.
Elco 8715® is a complete package
which delivers precise chemistry
for your exact needs. With
formulations ranging from simple
to complex, lithium to aluminum,
basic to the most stringent EP,
Elco 8715® is ideal for portfolio
management and product
differentiation.
T H E D I F F E R E N C E I S C H E M I S T R Y. ™
Want to know more?
We thought so.
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©2018 The Elco Corporation
32
APRIL 2018
| COMPOUNDINGS | ILMA.ORG
Scan for more
information on
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ILMA Compoundings April 2018
Table of Contents for the Digital Edition of ILMA Compoundings April 2018
LETTER FROM THE PRESIDENT
LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
DO DISRUPTIONS DAMAGE DURABILITY?
REAGAN’S TRADE LESSONS FOR TRUMP
MINING FOR SUCCESS
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings April 2018 - Cover1
ILMA Compoundings April 2018 - Cover2
ILMA Compoundings April 2018 - 1
ILMA Compoundings April 2018 - 2
ILMA Compoundings April 2018 - LETTER FROM THE PRESIDENT
ILMA Compoundings April 2018 - 4
ILMA Compoundings April 2018 - LETTER FROM THE CEO
ILMA Compoundings April 2018 - INSIDE ILMA
ILMA Compoundings April 2018 - 7
ILMA Compoundings April 2018 - 8
ILMA Compoundings April 2018 - 9
ILMA Compoundings April 2018 - 10
ILMA Compoundings April 2018 - 11
ILMA Compoundings April 2018 - WHAT’S COMING UP
ILMA Compoundings April 2018 - 13
ILMA Compoundings April 2018 - INDUSTRY RUNDOWN
ILMA Compoundings April 2018 - 15
ILMA Compoundings April 2018 - In the Know
ILMA Compoundings April 2018 - 17
ILMA Compoundings April 2018 - International Insight
ILMA Compoundings April 2018 - 19
ILMA Compoundings April 2018 - Market Report
ILMA Compoundings April 2018 - 21
ILMA Compoundings April 2018 - 22
ILMA Compoundings April 2018 - 23
ILMA Compoundings April 2018 - 24
ILMA Compoundings April 2018 - 25
ILMA Compoundings April 2018 - 26
ILMA Compoundings April 2018 - 27
ILMA Compoundings April 2018 - DO DISRUPTIONS DAMAGE DURABILITY?
ILMA Compoundings April 2018 - 29
ILMA Compoundings April 2018 - 30
ILMA Compoundings April 2018 - 31
ILMA Compoundings April 2018 - 32
ILMA Compoundings April 2018 - 33
ILMA Compoundings April 2018 - REAGAN’S TRADE LESSONS FOR TRUMP
ILMA Compoundings April 2018 - 35
ILMA Compoundings April 2018 - 36
ILMA Compoundings April 2018 - 37
ILMA Compoundings April 2018 - 38
ILMA Compoundings April 2018 - 39
ILMA Compoundings April 2018 - 40
ILMA Compoundings April 2018 - 41
ILMA Compoundings April 2018 - MINING FOR SUCCESS
ILMA Compoundings April 2018 - 43
ILMA Compoundings April 2018 - 44
ILMA Compoundings April 2018 - 45
ILMA Compoundings April 2018 - 46
ILMA Compoundings April 2018 - 47
ILMA Compoundings April 2018 - COUNSEL COMPOUND
ILMA Compoundings April 2018 - 49
ILMA Compoundings April 2018 - 50
ILMA Compoundings April 2018 - 51
ILMA Compoundings April 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings April 2018 - 53
ILMA Compoundings April 2018 - Member Connections
ILMA Compoundings April 2018 - 55
ILMA Compoundings April 2018 - 56
ILMA Compoundings April 2018 - 57
ILMA Compoundings April 2018 - Cross Connections
ILMA Compoundings April 2018 - 59
ILMA Compoundings April 2018 - 60
ILMA Compoundings April 2018 - 61
ILMA Compoundings April 2018 - 62
ILMA Compoundings April 2018 - 63
ILMA Compoundings April 2018 - PORTRAIT
ILMA Compoundings April 2018 - Cover3
ILMA Compoundings April 2018 - Cover4
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