F&L Week 2015 announces featured keynote address by Apu Gosalia, Fuchs Petrolub, on the sustainability of the Asian lubricants industry

An intensive look into the tremendous changes facing the Asian lubricants industry and finding a roadmap forward to success.

Singapore, February 15, 2015 –(PR.com)– The Head of Global Competitive Intelligence and Chief Sustainability Officer at FUCHS PETROLUB, Apu Gosalia, will be presenting one of the keynote addresses at this year’s annual F&L Week 2015, to be held at the Pan Pacific Hotel in Singapore on 10-13 March 2015.

Gosalia’s keynote address is titled: “The Sustainability of the Asian Lubricants Industry: New Challenges in the Market and Competitive Landscape” and is of high significance to those in the throes of the evolving challenges within the industry.

Gosalia will discuss how the global lubricants industry is in the midst of tremendous changes which are shifting the competitive landscape. Some of the driving forces behind these are the restructuring of oil majors, the globalization of National Oil Companies or NOCs, the transfer of ownership to private equity funds, new market participants, vertical diversification and retraction from niche markets. Mergers and acquisitions (M&As) over the past 10 years have also reshaped the global lubricants sector, according to Gosalia. Whereas there were 1,500 independent lube companies* and 200 major players in the mid-1990s, these numbers have shrunk to 590 and 130 respectively in the last 10 years.

The key takeaways from this presentation will include the following:

– How did global lubricants demand develop last year?
– How did macroeconomics influence the global and Asian lubricant market?
– How did regional lube market dynamics of the past years develop in mature, emerging and markets in transition, both quantitatively and qualitatively?
– What was the competitive landscape in terms of M&A deals in the past 10 years?
– How does sustainability influence the lubricants sector in general and especially the Asian lubricants industry?

With such major changes at play, it is imperative to take a closer look at the development of the global and regional lube markets of the past decade. Forecasts on country-specific lube market developments will be highlighted, as well as relevant sustainability trends and challenges.

This featured presentation will inspire thought leadership and help shape strategic roadmaps for those involved in the Asia-Pacific lubricants industry.

In order to thrive in this increasingly Volatile, Unpredictable, Uncertain, Complex and Ambiguous Market Environment, the theme of this year’s F+L Week 2015, the audience will be empowered to take pages from the play book of market leaders.

To register for the conference or to get more information, visit: http://www.fltestmig.oiltrends.asia/conference

* Independent companies which produced 1,000 tonnes or more of finished lubricants.

About Apu Gosalia

Apu Gosalia has an MBA from Western Illinois University, U.S.A. and a Diplom-Kaufmann from the University of Mannheim, Germany. He also successfully completed the certified study program “Competitive Intelligence Engineer“ at the graduate school, Rhein-Neckar as well as the certified qualification course “Sustainability Manager (SME)” at the European Institute for Labour Relations. For more than 15 years, Gosalia has held different positions in the FUCHS PETROLUB Group, the world’s leading independent manufacturer of lubricants and related specialties based in Mannheim, Germany. He is Head of Global Competitive Intelligence & Chief Sustainability Officer, reporting to the CEO and the Executive Board.

About F&L Asia Ltd.

Unparalleled thought leadership, stringent content quality standards and uncompromising journalism—gathering facts directly from the frontline, including from its permanent bases at the heart of the strategic Asian region in Hong Kong—are some of F&L Asia’s core strengths and the reason why it retains an unchallenged “first with the latest” position. F&L Asia’s diverse portfolio of unique and powerful lead-generation tools fulfills the needs of hundreds of fuels and lubes operators of all sizes, all disciplines and from around the world. This empowers it to increase its brand awareness and establish, promote and nurture fluid industry connections globally.

Each year, F&L Asia produces F+L Week, the Asia-Pacific region’s premier conference and exhibition for fuels and lubricants. A sounding board for the latest developments in base oils, lubricants, transport fuels and additives, F+L Week attracts the very best amongst top industry scientists, market trendsetters and decision makers from all around the planet to its economic epicentre in Asia.

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Contact Information:
Vicky Denton
F&L Asia Ltd.
http://www.fltestmig.oiltrends.asia/conference
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