- In May 2025, Petronas Lubricants International introduced premium insulating oils with Glide Technology and co-branded Tutela Iveco technical fluids in collaboration with Iveco, aimed at strengthening Malaysia’s energy infrastructure and enhancing lubricant performance in commercial vehicles. This strategic launch reinforces the OEM-lubricant partnership in the region and is expected to drive demand for high-performance industrial oils, particularly in the energy and transport sectors
- In April 2024, Shell Lubricants expanded its product portfolio by launching three new variants under the Shell Helix Ultra passenger car motor oil brand, designed to meet upgraded industry standards and evolving OEM requirements. This product introduction enhances engine efficiency and performance, positioning Shell to capture greater market share in the high-performance automotive oils segment and addressing growing consumer demand for advanced engine protection solutions
- In April 2023, Bharat Petroleum announced a $50 million investment in a new facility dedicated to producing bio-based industrial lubricants. Located in Teesside, England, the facility will convert used vegetable oil into lubricants compatible with existing industrial machinery, aiming to enhance sustainability in lubricant manufacturing
- In March 2023, Shell revealed a collaboration with the University of Manchester focused on developing new methods to produce environmentally friendly industrial oils. Their goal is to utilize renewable feedstocks to create oils that maintain compatibility with current industrial machinery, advancing sustainability efforts in lubricant production
- In October 2020, FUCHS Lubritech GmbH expanded its lubricant specialty business by acquiring Welponer SRL in Italy. This acquisition was integrated into its subsidiary, FUCHS Lubrificanti S.P.A., strengthening its market presence and enhancing its capabilities in specialized lubricant solutions
