ExxonMobil Lubricants Private Limited, a subsidiary of Exxon Mobil Corporation, says in its new Energy Outlook Report 2020, energy efficiency will play a key role in future to solve energy challenges.
The report found that companies in the industrial sector are increasingly looking at new technologies to reduce their energy usage. However, one opportunity for energy conservation that is often overlooked in industrial facilities is the technology behind the lubricant used. Lubricants are often considered as a negligible contributor towards the annual profitability of the plant. High performance lubricants with significant energy efficiency benefits have the ability to achieve potential savings in energy, operation and maintenance costs in Indian industry. According to Dan Kellen, Global Industrial Product Technology Manager, ExxonMobil Fuels, Lubricants and Specialities Marketing Company, -´The science of tribology is growing and will become increasingly important in the future because of constantly increasing demands of improved efficiency from the industry. The lubricants of the future have to be more environmentally adapted with a higher level of performance, and lower total life cycle cost (LCC) than commonly used lubricants today. Looking to the future, the trend is toward lubricants and base oils with even higher purity, lower volatility and longer life.´