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Tuesday 24 October 2017

Extending lifetime of fuels and lubricants




Ever higher performance is required of motors and machinery as a result of increasingly stringent emission regulations as well as demand for fuel efficiency and durability of vehicles and equipment.
Lubricants are crucial to achieving today’s standards. They keep moving components of motors apart, reduce friction between them, transmit power, heat or cool surfaces, help to flush away contaminants and foreign particles, and prevent corrosion and wear. In other words, they prolong the useful life of vehicles. They also help to reduce consumption of oils and other fuels.
Manufactured by refining and processing different base oils, lubricants are used in the automobile, marine, aviation and railway industries as well as in machinery and equipment for construction and much more.
Environmental considerations and the current focus on green technologies are attracting attention to bio-lubricants and biofuels derived from plants and animals. Plant-based lubricants include canola, castor, palm, sunflower seed and rapeseed oil, while lanolin is one of the animal oils used.
Additives are used in small quantities to extend the life of lubricants, reduce viscosity, prevent deposits and foam formation, control viscosity and increase resistance to temperature fluctuations. Antioxidants are particularly important additives because they prolong the life of oils, lubricants and fuels, both on the shelf and in use.
Extended focus to the fuels & lubricants industry
SONGWON, the second largest manufacturer of antioxidants for polymer stabilizers in the world, offers an extensive array of speciality chemicals for a diverse range of industries including packaging, textiles, electronics, adhesives, building, agriculture, automotive and lubricants. Founded in 1965 in Busan, its headquarters is now based in Ulsan, South Korea – strategically chosen for easy access to the Pacific. SONGWON boasts state of the art manufacturing facilities in Ulsan – an oil, petrochemical and automotive hub.   
SONGWON is also the largest producer of phenolic antioxidants in Asia. The company is a relative newcomer to the fuels and lubricants industry, with roots firmly entrenched in plastics additives. In 2015, SONGWON celebrated its 50th anniversary and in the same year, SONGWON extended its focus to supplying antioxidants for the fuels and lubricants industry. Olivier Keiser, leader of fuel & lube Additives, indicates it has been a strong development of the business activities due to the clear value proposition SONGWON is bringing.
The company develops, manufactures and supplies antioxidants for lubricants and fuels that provide protection at high temperatures and extend engine oil drain intervals. A significant shift in the competitive landscape, a globally expanding antioxidant market and particularly a growth in demand in Asia from companies relocating production of lubricants, a robust performance in SONGWON’s core business, and a management team prepared to invest in long-term sustainable growth, all combined to enable a seamless transition into the lubricant antioxidant market.

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