Shell Lubricants maintains leadership position
For the third consecutive year, Shell Lubricants has been named the number one global lubricants supplier selling more lubricants in 2008 than any other supplier in the world. The research, conducted by Kline & Co., gives Shell Lubricants 13% of the market by volume, and a 2% lead over its nearest competitor. During 2008, global demand for lubricants declined by 3%, according to Kline. However, Shell Lubricants achieved particularly strong growth in Brazil and Russia where volumes grew by 13% and 6%, respectively. Shell Lubricants also grew its volumes in Asia Pacific, the largest lubricants-consuming region in the world. (August 14, 2009)