Global demand for lubricants will reach 41.8 million metric tons in 2010. Gains will by driven by increasing motor vehicle ownership and growing consumption of various lubricants in manufacturing activity. Engine oils will continue to claim over half of demand, while process oils will grow the fastest. Manufacturing markets will lead in purchases ...

  NEMA’s Motors Shipments Index contracted 7.3 percent quarter-to-quarter during the last three month period of 2007. On a year-over-year basis, the index fell nearly 7 percent and has slipped in four of the last five quarters. Over the full calendar year, the index declined 3.5 percent after posting two consecutive years of double-digit ...