FUCHS Group says it will continue with planned investments in 2020

FUCHS Group says it will continue with planned investments in 2020

In 2019, FUCHS continued its investment program started in 2016 for the fourth year. As planned, investments, primarily in property, plant and equipment, rose to the record level of EUR 154 million in the reporting year.The region Europe, Middle East and Africa (EMEA) was the focus of the expansion and modernization measures, accounting for around 60% of the expenditure. The largest single investment in the region was in Sweden where the construction of a new plant is well underway. In Kaiserslautern, the construction of a new high-bay warehouse, new production and office space was completed, and work continued on a new polyurea specialty grease plant, with which Kaiserslautern will further expand its position as a location for specialty lu...
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7.5.2020 10:51:00
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Worldwide - Last Added

Global Lubricant Week will be held online on 20-21 October

Global Lubricant Week will be held online on 20-21 October

Each year the most influential players and decision makers of the international lubricant industry meet at the “Global Lubricant Week” (Moscow). We invite you to join ...

30.9.2021 16:23:00
93
Lukoil and Daimler AG strengthen global partnership

Lukoil and Daimler AG strengthen global partnership

Lukoil Group and Daimler AG, one of the world's largest car manufacturers, expand their partnership in Lukoil lubricants first fill supplies for engines of the brand's premium ...

14.9.2021 13:47:00
175
Petronas Lubricants International announces partnership with Treedom

Petronas Lubricants International announces partnership with Treedom

The EMEA business region of PETRONAS Lubricants International (PLI), a leading lubricants manufacturer, today announces a new partnership with Treedom; the first web-based ...

28.7.2021 12:09:00
560
The Duckhams brand was launched in the UAE

The Duckhams brand was launched in the UAE

The Duckhams brand was launched in the celebrated city of Dubai today. Emirates for Universal Tyres LLC, part of Abdulla Al Masaood & Sons Group, appointed as Exclusive ...

23.7.2021 14:16:00
311
SK Lubricants to use recycled containers for all best-selling products

SK Lubricants to use recycled containers for all best-selling products

As a part of its practical ESG management efforts to fulfill the financial story, SK Lubricants announced on the 21st that the company decided to expand the use of ...

22.7.2021 14:07:00
173
Fuchs extends its carbon neutrality scope

Fuchs extends its carbon neutrality scope

With global operations in the lubricants sector, the FUCHS Group has already been operating on a carbon-neutral basis at all manufacturing subsidiaries since 2020. For 2021, all ...

19.7.2021 17:08:00
207
Valvoline launches All-Terrain heavy duty diesel engine oil

Valvoline launches All-Terrain heavy duty diesel engine oil

Valvoline Inc. announced the launch of ValvolineTM All-Terrain, a new engine oil specially formulated for off-highway, heavy-duty diesel engines operating in severe ...

16.7.2021 11:24:00
274
Total Specialties USA and Mighty Distributing System enter new partnership

Total Specialties USA and Mighty Distributing System enter new partnership

Total Specialties USA announced a new partnership with auto parts wholesaler, Mighty Distributing System (Mighty Auto Parts), a leader in automotive aftermarket products ...

9.7.2021 17:14:00
233
Total is transforming and becoming TotalEnergies

Total is transforming and becoming TotalEnergies

At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved today, almost unanimously, the resolution to change the company’s name from Total to ...

4.6.2021 14:07:00
465
Lubricant Expo to take place on 6-8 September 2022 at Messe Essen Germany

Lubricant Expo to take place on 6-8 September 2022 at Messe Essen Germany

The inaugural Lubricant Expo will now take place on the 6 – 8 September 2022. In response to unprecedented interest from the industry and key customer groups, Lubricant ...

21.5.2021 13:09:00
375