Last Update: 11:05 AM ET Aug 25, 2006
LITTLE FALLS, N.J., Aug 25, 2006 /PRNewswire via COMTEX/ — ExxonMobil has overtaken Shell Oil as the number one marketer of finished lubricant products on the global market, according to a recently published study by Kline & Company.
Sales of ExxonMobil’s lubricant products topped 4.5 million kilotonnes in 2005, earning the company a 12% share of the global lubes market and allowing ExxonMobil to edge out Shell for the top spot in Kline’s annual ranking of the world’s top lubricant suppliers.
“ExxonMobil and Shell are perennial top-two players with truly global operations,” says Geeta Agashe, director of the Petroleum & Energy practice for Kline’s research division. “For 2005, ExxonMobil won out in terms of volume, thanks to their increased market share in the U.S., particularly in the factory fill and private-label segments. But Shell is still on top of the branded products segment, which typically nets a higher profit margin.”
According to Kline’s study, COMPETITIVE INTELLIGENCE FOR THE GLOBAL LUBRICANTS INDUSTRY, 2005-2015, the global lubricants market posted only 1% growth in 2005 from the prior year in terms of volume. However, higher growth was enjoyed particularly in the Asia-Pacific and South and Central American regions.
“Asia-Pacific accounted for about 30% of global consumption last year, mainly because of the booming Chinese economy,” says Agashe. “While the U.S. still consumes about one-fourth of the world’s lube volume, Chinese consumption is exploding, and we predict that China will be the most important lubricant consuming country on the planet by 2020.”
A key indication of the Chinese impact on the global market is Beijing Tongyi’s first appearance on Kline’s list of the top 20 lubricant suppliers for the first time in 2005. It joins fellow Chinese lubricant marketers PetroChina and Sinopec, which rank in the top 10.
“These three marketers are staking a leading claim in the Chinese marketplace,” Agashe says. “The fact that their share of the market is derived entirely from sales in China shows the impact that Chinese demand is having on the global picture.”
“In the lubes market, the pathway to success is hidden in the details of the market, not only for marketers but basestock and additive suppliers as well,” says Bill Downey, vice president and head of Kline’s Petroleum & Energy consulting practice. “There is significant movement in regional markets like Brazil, China, India, and Russia despite minimal overall growth on a global scale. The fact that regional players in China are making a footprint in the overall market demonstrates the growth potential for regional competitors with a global strategy.”
COMPETITIVE INTELLIGENCE FOR THE GLOBAL LUBRICANTS INDUSTRY, 2005-2015 is the fifth in a series of Kline’s comprehensive continuing analyses of the market for industrial fluids and oils, consumer automotive, and commercial automotive products. It examines 22 major and developing lubricant-consuming countries and suppliers.
For more information on this study, go to http://www.klinegroup.com/y533.htm or contact Geeta Agashe at +1-973-435-3484 or [email protected]. In Europe, contact Erin Durham at +39-0331-931807 or [email protected].
To learn more about Kline’s customized consulting capabilities in the petroleum and energy fields, contact Bill Downey at +1-973-435-3388 or [email protected].
Established in 1959, Kline & Company ( http://www.klinegroup.com) is an international business consulting and market research firm serving the petroleum and energy, specialty chemicals, life sciences, and consumer products industries.
For more information, contact:
Geeta Agashe
Director, Petroleum & Energy Practice
+1-973-435-3484
[email protected]
SOURCE Kline & Company
Geeta Agashe, Director, Petroleum & Energy Practice, +1-973-435-3484, [email protected] http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
