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
433

Worldwide - Last Added

BASF increases price of lubricant components

BASF increases price of lubricant components

Effective immediately, or as existing contracts permit, BASF will increase prices for products in its lubricant components portfolio (lubricant oil additives and base stocks) ...

30.3.2021 13:48:00
300
Rymax Lubricants expands to 13 new countries in 2020

Rymax Lubricants expands to 13 new countries in 2020

Despite the reality of COVID-19 holding the world in a firm grip, Rymax Lubricants has been able to realize impressive growth to 13 new countries in 2020. The Dutch lubricants ...

9.3.2021 12:47:00
402
NYCO invites you to attend their forth webinar on synthetic esters on March 16th

NYCO invites you to attend their forth webinar on synthetic esters on March 16th

NYCO announced their new webinar on synthetic esters. The webinar “Understanding and balancing interactions between esters and elastomers” will take place on March ...

22.2.2021 12:13:00
290
SGS acquires SYNLAB Analytics & Services

SGS acquires SYNLAB Analytics & Services

SGS, the leading global testing, inspection and certification company, announced the acquisition of SYNLAB Analytics & Services (A&S), a leading European environmental, food ...

15.1.2021 10:37:00
351
Evonik opens Asia Pacific Oil Additives Performance Test Lab

Evonik opens Asia Pacific Oil Additives Performance Test Lab

Evonik announced the opening of a new Asia Pacific Oil Additives Performance Lab in Shanghai. This new performance test lab, housing state-of-the-art laboratory facilities and ...

12.1.2021 10:01:00
369
Rethinking virtual events

Rethinking virtual events

At 9am CET on Tuesday January 19th 2021, up to 500 attendees will convene for the launch of ACI’s European Base Oils & Lubricants Online series. They will, however, not be ...

11.1.2021 17:38:00
203
Windrose Airlines selects NYCO turbine oil for its mixed fleet

Windrose Airlines selects NYCO turbine oil for its mixed fleet

NYCO announces that Windrose Airlines, a Ukrainian airline based in Kiev, selected Turbonycoil® 600, a synthetic turbine oil, to lubricate the engines of its whole fleet. ...

31.12.2020 12:33:00
414
Nynas successfully exits reorganisation

Nynas successfully exits reorganisation

The District Court of Södertörn today decided that the Nynas company reorganisation is now complete, following a creditors meeting where the previously submitted ...

2.12.2020 18:27:00
498
NYCO to host a webinar on syntetic esters on December 1st

NYCO to host a webinar on syntetic esters on December 1st

NYCO is organizing a free webinar "Lubrication in Environmentally Sensitive Areas: Making the Right Choice with Esters". This will be the third session of the webinars hosted by ...

26.11.2020 18:21:00
234
Evonik and MCC signed distribution partnership agreement for North America

Evonik and MCC signed distribution partnership agreement for North America

MidContinental Chemical Company, Inc. (MCC) announced that it has been selected by Evonik Oil Additives to be their distribution partner in the United States and Canada. MCC will ...

4.11.2020 17:29:00
460