ILMA Compoundings March 2017 - 9

In the Know
MORE FINISHED LUBE PRICE INCREASES IN MARCH
Valvoline and BP Castrol announced to U.S. customers last
month that finished lubricant prices will rise in March. These
increases are the result of price increases for raw materials,
packaging and transportation. For Valvoline, prices are estimated to climb up to 5 percent. Castrol-branded products will see
a similar increase, which will go into effect March 20. These
two institutions join several others in announcing price increases
in early 2017, including ExxonMobil, Shell and Chevron.
CONSUMER AUTOMOTIVE SEGMENT IS EXPECTED TO
DRIVE THE CHINESE FINISHED LUBRICANTS MARKET
According to a report released by Kline Group in December,
total lubricant consumption in China is valued at an estimated
$26 billion in 2015. In the consumer segment, automotive
engine oil is the leading product, accounting for more than 90
percent of total volume and total value. And with the car population rising - there was a 12.5 percent increase from 2014 to
2015 - this market segment is expected to continue to grow.
ARGONNE NATIONAL LABORATORIES DISCOVERS NEW
COOLING TECHNIQUE
Researchers at the U.S. Department of Energy's Argonne
National Laboratory have developed a new ultra-low-friction
sliding contact mechanism that uses chilled water to remove heat
from a key component of a next-generation collider. By putting
the surface of a cooling pad coated with a thin layer of tungsten
disulfide or a similar dry lubricant directly in contact with the
rotating wheel, the researchers found that they could suck heat
energy out of the system, preventing the target from overheating
or being otherwise damaged. The cooling pad contains a chamber filled with chilled water that could be continually replenished
from outside the vacuum-sealed apparatus.

9



ILMA Compoundings March 2017

Table of Contents for the Digital Edition of ILMA Compoundings March 2017

LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
PROVIDING FOODGRADE LUBRICANTS IN A GLOBAL MARKETPLACE
BIODEGRADABLE LUBRICANTS PRIMER
GROUP I RE-REFINERS DOMINATE ASIA-PACIFIC
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK42
PORTRAIT
ILMA Compoundings March 2017 - Cover1
ILMA Compoundings March 2017 - Cover2
ILMA Compoundings March 2017 - 1
ILMA Compoundings March 2017 - 2
ILMA Compoundings March 2017 - LETTER FROM THE CEO
ILMA Compoundings March 2017 - INSIDE ILMA
ILMA Compoundings March 2017 - 5
ILMA Compoundings March 2017 - WHAT’S COMING UP
ILMA Compoundings March 2017 - 7
ILMA Compoundings March 2017 - INDUSTRY RUNDOWN
ILMA Compoundings March 2017 - 9
ILMA Compoundings March 2017 - 10
ILMA Compoundings March 2017 - 11
ILMA Compoundings March 2017 - 12
ILMA Compoundings March 2017 - 13
ILMA Compoundings March 2017 - PROVIDING FOODGRADE LUBRICANTS IN A GLOBAL MARKETPLACE
ILMA Compoundings March 2017 - 15
ILMA Compoundings March 2017 - 16
ILMA Compoundings March 2017 - 17
ILMA Compoundings March 2017 - 18
ILMA Compoundings March 2017 - 19
ILMA Compoundings March 2017 - BIODEGRADABLE LUBRICANTS PRIMER
ILMA Compoundings March 2017 - 21
ILMA Compoundings March 2017 - 22
ILMA Compoundings March 2017 - 23
ILMA Compoundings March 2017 - GROUP I RE-REFINERS DOMINATE ASIA-PACIFIC
ILMA Compoundings March 2017 - 25
ILMA Compoundings March 2017 - 26
ILMA Compoundings March 2017 - 27
ILMA Compoundings March 2017 - BUSINESS HUB
ILMA Compoundings March 2017 - 29
ILMA Compoundings March 2017 - COUNSEL COMPOUND
ILMA Compoundings March 2017 - 31
ILMA Compoundings March 2017 - WASHINGTON LANDSCAPE
ILMA Compoundings March 2017 - 33
ILMA Compoundings March 2017 - IN NETWORK42
ILMA Compoundings March 2017 - 35
ILMA Compoundings March 2017 - 36
ILMA Compoundings March 2017 - 37
ILMA Compoundings March 2017 - 38
ILMA Compoundings March 2017 - 39
ILMA Compoundings March 2017 - PORTRAIT
ILMA Compoundings March 2017 - Cover3
ILMA Compoundings March 2017 - Cover4
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