From April 20th to 23rd, Madrid hosted the 34th Annual General Meeting of the European Lubricating Grease Institute (ELGI), the most significant event for the lubricating grease industry in the European market. Key industry leaders gathered to share their expertise, insights, and latest developments, all driven by a shared commitment to advancing a more efficient and sustainable industry.

The growing electric vehicle (EV) market has presented new challenges for the grease industry, beyond the demand for higher-performing products, the constraints on raw materials, such as lithium, which plays a critical role in EV battery production. Identifying suitable alternatives is essential to ensuring a smooth transition to the next generation of technologies, aligned with the EU targets for greenhouse gas neutrality.

Throughout the meeting, various strategies were discussed to address these challenges, all within the framework of delivering products that excel in performance, energy efficiency, and environmental responsibility. IQLubricants reaffirmed its position as a trusted partner for formulators, offering a wide range of high-performance additives that not only deliver superior results but also boast strong sustainability credentials. These additives contribute to a lower carbon footprint and incorporate renewable components, ensuring exceptional performance while supporting environmental goals.

We eagerly anticipate the 35th ELGI Annual General Meeting, which will take place in Copenhagen from April 26th to 29th, 2025. This event will provide a platform for continued innovation and progress within the industry.