From June 12th to 15th, the 89th annual meeting of the greases American association NLGI was held. On this occasion, the city of Canada, Toronto was the setting that hosted the event, specifically at the Westin Harbor Castle hotel. Despite the ideal environment and suitable spaces for technical presentations and networking, attendance was slightly lower than on other occasions, with an estimated 350 attendees. This may be due to the still existing restrictions and uncertainties caused by the last blows of the Covid-19 pandemic.
During the event, trends and challenges common to its European counterpart have been identified: sustainability, product carbon footprint calculations, electric cars, incidental food contact, biodegradability and low toxicity. In all of them, the IQLubricants business strategy that began in 2012 fits perfectly.
In the always representative survey of the NLGI you can see a drop to 2.5 billion Lbs in global grease production in 2020, recovering fantastically to 2.6 billion Lbs in 2021.
As for regions, we can perfectly see how China continues to have higher production levels than Europe and North America combined, with production falling in NA at the same time offset by growth in Europe.