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June 11, 2019

Volume 2 Issue 34

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Metalworking Paces Additive Growth

Global volume demand for lubricant additives grew approximately 1 percent in 2017 after increasing an average of 2.6 percent annually from 2014 to 2016, according to a report from Kline & Co. The firm said growth decreased because of a tightening regulatory framework that includes chemicals and biocides regulations in the European Union.