IN OTHER WORLDS By Miriam Wangari


CORPORATE CHANGES


FUCHS PETROLUB SE changes name to FUCHS SE


F


UCHS PETROLUB SE has changed its name to FUCHS SE. The resolu-


tion to change the name was passed at the Annual General Meeting in May 2023. “The term PETROLUB


refers to the origin of the raw materials and is of no relevance today either in brand communication or in the company names of the Group companies, and it can lead to a misconception of our business model,” explained Chief Technology Officer Sebastian Heiner. “FUCHS has been focusing for a long time on the development, manufacture and distribution of highly efficient lubrication solutions for the operation of equipment and machinery. In


inconsequential from the customer’s point of view.” “As a high-tech company, we


want to expand our technol- ogy leadership in strategically important application areas; be it in the fields of digitaliza- tion, future mobility or sus- tainability. With the current renaming, we are underlining our focus on advanced, process-oriented and holistic solutions for lubricants and functional fluids,” said CEO Stefan Fuchs. Today, the FUCHS product


SOURCE | FUCHS SE


light of increasing technical requirements and sustain- ability efforts, the focus is on high-performance raw materi- als from sustainable sources, which is why the name


component PETROLUB is no longer appropriate. In addi- tion, the word PETROLUB is not part of the company name of the 56 FUCHS subsidiaries worldwide and it is therefore


Univar Solutions strengthen partnership with Solvay in China DISTRIBUTION AGREEMENT


U


nivar Solutions has announced an agreement with Solvay to grow their


partnership to avail a range of lubricants and metalworking fluids additives in the Eastern China. During the announcement, the Global Vice President of Lubricants and Metalworking Fluids for Univar Solutions said: “Leveraging the longtime partnership between our companies, we are excited to strengthen and diversify our presence in the Asia Pacific region, where strategic growth opportuni- ties for customers, suppliers, and specialty chemical and ingredient distributors abound.” “Univar Solutions has the sales, product, and logistics experience,


JUNE 2023 | LUBEZINE MAGAZINE


along with technical expertise and leadership in the lubricants and metalworking fluids industry to truly support Solvay’s portfolio of innovative and reliable materials that exceed expectations for performance, safety, and sustain- ability.” He added. Consumers in the Eastern China


seeking to optimize the long-term performance of metal services will access a wide range of Solvay’s specialty ingredients which range from industrial metal cleaning additives to friction modifiers and biodegradable metal treatment. Matthias Braem, Vice President,


Coatings and Industrial at Solvay said:“At Solvay, our specialty lubricant and metalworking fluid


portfolio comprises more than 10,000 products in almost all industry segments, including fluids such as thermofluids. The renaming to FUCHS SE is expected to take place on July 3, 2023.


.


SOURCE | UNIVAR SOLUTIONS


additives contribute to outstanding mechanical performance and efficiency while helping formula- tors meet today’s customers’ demands for product sustainability. With Univar Solutions sharing our commitment to innovation and


performance while also advancing more sustainable solutions, we are excited to move forward together and successfully serve our customers in the Asia Pacific region.”


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