ILMA Compoundings July 2018 - 15

In the Know
NAM SURVEY SHOWS RECORD HIGHS FOLLOWING TAX CUTS AND JOBS ACT
The National Association of Manufacturers (NAM) released the results of the
Manufacturers' Outlook Survey for the first quarter of 2018, and it shows many key
indicators for the sector's economic health at record highs following enactment of
the U.S. Tax Cuts and Jobs Act. Among other results, optimism among manufacturers registered its second-highest level ever (93.5 percent) in the 20-year history
of the survey, all-time highs for projected employment growth, capital spending
and inventories, and projected wage and sales growth.
EU TAKING A HARD LINE ON PROTECTING CITIZENS' DATA
The European Union's new General Data Protection Regulation (GDPR) went
into effect on May 25. It requires businesses and their contractors to protect
the personal data and privacy of EU citizens for transactions that occur within
EU member states. The GDPR also regulates the exportation of personal data
outside the EU. Included in the list of what is protected is basic identity information such as name, address and ID numbers, plus web data such as location, IP
address, cookie data and radio frequency identification tags. The GDPR applies
to any company that stores or processes personal information about EU citizens
within EU states even if they do not have a business presence within the EU.
Some American media outlets, such as the Los Angeles Times and Chicago Tribune,
responded by restricting access to European users. The EU says this does not
absolve them from their responsibility to protect the EU citizen data they hold.
Compoundings will cover developments, as necessary, in future issues.

Photo courtesy of Argonne National Laboratory

A DRY LUBRICANT THAT LASTS (ALMOST) FOREVER
Researchers at Argonne National Laboratory are combining nanodiamonds with
two-dimensional molybdenum disulfide layers and breaking them to create a
self-generating, very low-friction dry lubricant that can last so long you might
as well call it forever. They found that the molybdenum disulfide breaks up into
molybdenum and sulfur and reacts with the nanodiamonds to convert them into
onion-like carbon. The friction in this new combination is 10 times lower than
that of some nonstick coatings including fluoropolymers, which means less heat
and less wear and tear on parts and equipment.
EXXONMOBIL PURCHASES INDONESIAN MOTORCYCLE LUBRICANT
MANUFACTURER
ExxonMobil reported on April 29 that it will purchase PT Federal Karyatama, one
of Indonesia's largest manufacturers and marketers of motorcycle lubricants, to enable
expansion in an important international market. The transaction is expected to
close in the third quarter of 2018 or possibly earlier. "Asia-Pacific is one of the fastest
growing lubricants markets in the world," Bryan Milton, president of ExxonMobil
Fuels & Lubricants Co., said in a prepared statement. "This acquisition, combined
with our existing premium Mobil lubricant brand, will help us continue to grow
and better serve customers in Indonesia. The knowledge and experience of FKT
employees and distributors will play a key role in achieving that objective."

15



ILMA Compoundings July 2018

Table of Contents for the Digital Edition of ILMA Compoundings July 2018

LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
HIGHER RATES, TIGHTER CAPACITY
BEARING FRUIT IN THE FOOD-GRADE LUBRICANTS MARKET
ACHIEVING PEAK PERFORMANCE
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings July 2018 - Cover1
ILMA Compoundings July 2018 - Cover2
ILMA Compoundings July 2018 - 1
ILMA Compoundings July 2018 - 2
ILMA Compoundings July 2018 - LETTER FROM THE CEO
ILMA Compoundings July 2018 - INSIDE ILMA
ILMA Compoundings July 2018 - 5
ILMA Compoundings July 2018 - 6
ILMA Compoundings July 2018 - 7
ILMA Compoundings July 2018 - 8
ILMA Compoundings July 2018 - 9
ILMA Compoundings July 2018 - WHAT’S COMING UP
ILMA Compoundings July 2018 - 11
ILMA Compoundings July 2018 - INDUSTRY RUNDOWN
ILMA Compoundings July 2018 - 13
ILMA Compoundings July 2018 - 14
ILMA Compoundings July 2018 - In the Know
ILMA Compoundings July 2018 - International Insight
ILMA Compoundings July 2018 - 17
ILMA Compoundings July 2018 - Market Report
ILMA Compoundings July 2018 - 19
ILMA Compoundings July 2018 - HIGHER RATES, TIGHTER CAPACITY
ILMA Compoundings July 2018 - 21
ILMA Compoundings July 2018 - 22
ILMA Compoundings July 2018 - 23
ILMA Compoundings July 2018 - 24
ILMA Compoundings July 2018 - 25
ILMA Compoundings July 2018 - 26
ILMA Compoundings July 2018 - 27
ILMA Compoundings July 2018 - BEARING FRUIT IN THE FOOD-GRADE LUBRICANTS MARKET
ILMA Compoundings July 2018 - 29
ILMA Compoundings July 2018 - 30
ILMA Compoundings July 2018 - 31
ILMA Compoundings July 2018 - 32
ILMA Compoundings July 2018 - 33
ILMA Compoundings July 2018 - ACHIEVING PEAK PERFORMANCE
ILMA Compoundings July 2018 - 35
ILMA Compoundings July 2018 - 36
ILMA Compoundings July 2018 - 37
ILMA Compoundings July 2018 - BUSINESS HUB
ILMA Compoundings July 2018 - 39
ILMA Compoundings July 2018 - COUNSEL COMPOUND
ILMA Compoundings July 2018 - 41
ILMA Compoundings July 2018 - 42
ILMA Compoundings July 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings July 2018 - Member Connections
ILMA Compoundings July 2018 - 45
ILMA Compoundings July 2018 - Cross Connections
ILMA Compoundings July 2018 - 47
ILMA Compoundings July 2018 - PORTRAIT
ILMA Compoundings July 2018 - Cover3
ILMA Compoundings July 2018 - Cover4
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