Liqui Moly’s turnover increased by 7.1 per cent to a record 611 million euro in 2020. The United Kingdom, where Liqui Moly more than doubled its sales, played a particularly important role in this. Given the devastating effects of the pandemic on the global economy and the decline in global consumption of oil and fuel, this is a great achievement. Revenue halved to 25 million euro – partly because the company invested almost 45 million euro in marketing measures during the crisis. In addition, more than 100 new employees were hired. This brings the total number of employees to 989 at the end of 2020.
The German motor oil and additive producer Liqui Moly will remain the exclusive lubricant supplier for the Moto2 and Moto3 motorcycle racing series until 2023. What is more, the company also secured the naming rights for the Aragon Grand Prix at short notice. It will be held from 23 to 25 October under the name Gran Premio Liqui Moly de Teruel.
As the UK enters its second week of the Coronavirus restrictions on movement and social distancing, in a poll undertaken for leading aftermarket lubricant brand, Comma, workshops revealed how they’re feeling and coping in the current situation.
In response to the COVID-19 pandemic, German oil and additive specialist Liqui Moly’s managing director Ernst Prost has promised employees that “nobody will be laid off. If need be, I’ll waive my salary.”
The headaches surrounding oil grades are set to increase for automotive professionals over the coming years, a leading lubricant expert has warned. The number of different engine oils on the market has soared in the last decade – whereas once most cars required a basic 15W-40 viscosity oil or a 10W-40, there is now a much wider range available depending on OEM and vehicle.
As the seasons change, creating new driving conditions, drivers’ thoughts will traditionally turn to the state of their vehicle and ensuring it is prepared for the coming months. However, as today’s engines become smaller and more efficient – without sacrificing performance – vehicle maintenance is becoming increasingly important. One area that is rising in prominence, regardless of the season, is advanced engine lubrication. As engine design progresses, lubricants companies are challenged to create an oil that can handle increased pressure and deliver notable benefits for the vehicle and driver – whatever the weather.
Lubricants giant Fuchs has signalled its commitment to climate protection by announcing it will be completely CO2-neutral as early as next year. Fuchs, which has its UK headquarters in Stoke-on-Trent, will be CO2-neutral globally by 1 January 2020 – from energy consumption in production to consumables in administration.
Fuchs Lubricants claims its cardboard packaging solution has saved 500 tonnes of plastic since its introduction in 2012 – equivalent of 10 million two litre plastic bottles, or 60 million plastic carrier bags. The Lube Cube allows customers to buy its leading products in a recyclable cardboard box rather than a plastic container.
One of the UK’s leading lubricant manufacturers has demonstrated its commitment to developing the next generation of talent by extending its apprenticeship programme. Fuchs Lubricants currently has 13 apprentices operating from its UK headquarters in Stoke-on-Trent, and the search is on for more youngsters to join the growing team.
Exol has announced the introduction of an advanced lubricant designed to cover the latest Scania engines. Exol Taurus Euro FE Plus 5W-30 complies with the latest Scania specification LDF-4, covering heavy duty vehicle applications.