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January 23, 2018

Volume 2 Issue 8

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Fuchs: Lube Demand Could Give Way

Global lubricant demand reached 35.7 million metric tons in 2017, neck-and-neck with the year before, indicates an initial tally from Fuchs Petrolub SE. Perhaps 900,000 tons or more of that could evaporate in the coming decade, however, due to electric vehicles and other disruptive technologies, a company executive warned.