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
269

Worldwide - Last Added

Lubrizol Additives Division announces changes to executive leadership team

Lubrizol Additives Division announces changes to executive leadership team

Lubrizol Additives Division President, Tom Curtis, recently announced changes to his leadership team. “In my 30 years at Lubrizol, I’ve never been more energized ...

24.10.2020 14:44:00
83
Valvoline announces going big with greases

Valvoline announces going big with greases

Valvoline Inc., a leading worldwide supplier of premium branded lubricants and automotive services, has made a serious move into the market of greases. Since the 2019 acquisition ...

12.10.2020 16:21:00
228
Cerflon announces exclusive worldwide distribution partnership with IMCD

Cerflon announces exclusive worldwide distribution partnership with IMCD

Cerflon® Technologies, the global leader for the research and development of FluoroCeramic™ engineered chemistry under the CERFLON® trademark – and IMCD N.V., ...

11.10.2020 10:03:00
147
CONDAT acquires KEMNO

CONDAT acquires KEMNO

CONDAT SA and KEMNO have reached the closing date of the agreement giving CONDAT possession of the Italian based company KEMNO. Established in 1854 and headquartered in France ...

10.10.2020 11:41:00
223
Petronas Track Lab contributes to the world of motorsports

Petronas Track Lab contributes to the world of motorsports

As Title partner, PETRONAS co-engineered PETRONAS Fluid Technology Solutions™ which includes PETRONAS Primax fuel, PETRONAS Syntium engine oil and PETRONAS Tutela functional ...

5.10.2020 16:38:00
182
Ownership change in Nynas

Ownership change in Nynas

Neste announced that it has sold its entire shareholding in Nynas to Bitumina Industries Ltd, a global bitumen company active in more than 100 countries. This is an important step ...

24.9.2020 14:29:00
184
ADIPEC 2020 to be held virtually

ADIPEC 2020 to be held virtually

dmg events, organizer of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), and with the support of its strategic partner and host, the Abu Dhabi National ...

21.9.2020 11:38:00
96
New Chicago lab extends Total Lubmarine’s technical services reach

New Chicago lab extends Total Lubmarine’s technical services reach

Total Lubmarine has extended the global reach of its technical support services with the opening of a new Diagomar Plus Laboratory in Chicago, USA. The new lab opening means the ...

6.9.2020 15:40:00
194
ACI’s European Base Oils & Lubricants Summit to take place in November

ACI’s European Base Oils & Lubricants Summit to take place in November

ACI’s European Base Oils & Lubricants Summit regularly attracts a targeted audience of 100-150 who come together to focus purely on the European market for two days. We will ...

10.7.2020 11:34:00
280
Airbus concludes ATTOL with fully autonomous flight tests

Airbus concludes ATTOL with fully autonomous flight tests

Following an extensive two-year flight test programme, Airbus has successfully concluded its Autonomous Taxi, Take-Off and Landing (ATTOL) project. In completing this ...

2.7.2020 09:33:00
489