Lubrizol Highlights Era of Efficiency at the 5th Meet the Market South America International Conference
CLEVELAND, July 9, 2015 – The Lubrizol Corporation brought its unique market perspectives to the 5th Meet the Market South America International Conference on July 1, introducing what the Era of Efficiency truly means for engine lubricant markets in South America.
The conference, hosted by Lubes em Foco, in collaboration with ICIS, was held in Rio De Janeiro, Brazil, where Lubrizol’s Latin America Product Manager Fabio Araujo introduced the Era of Efficiency. Araujo discussed how wide-ranging efficiency standards have ushered in the use of thinner engine lubricants. But thinner engine lubricants must maintain robust protective capabilities, and developing engine lubricants that meet these criteria requires careful formulation expertise and advanced additive chemistry.
Araujo then participated in a panel session to review the outlook, challenges and opportunities in the South American lubricants market. Unprecedented fuel economy gains and reduced emissions are top priorities across many regions, including South America. For instance, Brazil’s national Inovar-Auto Incentive Program seeks to remove 21 million metric tons of CO2 from the country by encouraging and incentivizing the design and production of smaller, more powerful engines. Additionally, Brazil’s focus on regional manufacturing, research and development further spurs localized leadership and innovation. Lubricants will be critical to achieving these goals-and Lubrizol is the trusted partner those in the region need by their side.
Lubrizol’s products enable oil marketers and OEMs to seize new opportunities in this new Era of Efficiency, and its participation in the 5th Meet the Market South America International Conference is part of the company’s deep-rooted commitment to offering its critical insights to the global marketplace. To learn more about growing efficiency demands on engine lubricants and how additive chemistry plays an important role, visit HDDEO.com or contact your Lubrizol representative.
Fabio Araujo is the product manager for passenger cars (PC) and heavy-duty diesel (HD) for the Latin America region. Fabio graduated from Universidade Federal do Rio de Janeiro with a Bachelor of Chemical Engineering degree in 2000 and later completed an M.B.A. in logistics, materials and supply chain from COPPEAD (the Business School of Universidade Federal do Rio de Janeiro in 2009).
About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers’ products while reducing their environmental impact. It produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Our products for the oilfield market include technologies for exploration, production and transportation.
With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,000 employees worldwide. Revenues for 2014 were $7 billion. For more information, visit Lubrizol.com.
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