Fuchs Group

EQS-News: FUCHS PETROLUB SE: Industrial-scale pilot plant for production of high-performance battery electrolytes

Retrieved on: 
Thursday, September 22, 2022

The first pilot production line for high-performance battery electrolytes is set to commence operations at the FUCHS location in Kaiserslautern in October 2022.

Key Points: 
  • The first pilot production line for high-performance battery electrolytes is set to commence operations at the FUCHS location in Kaiserslautern in October 2022.
  • The globally operating FUCHS Group first announced its investment in E-Lyte Innovations GmbH back in May.
  • After just a short construction period, the state-of-the-art and flexible pilot plant will soon be ready to begin production.
  • Additionally to the pilot plant, a state-of-the-art production facility will also be constructed in Kaiserslautern.

Global Electric Vehicle Fluids and Lubricants Market Report (2022 to 2031) - Coolants for EV Electronics and Charging Port Cables Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 21, 2022

The growth in the fluids and lubricants market for electric vehicles is expected to be driven by increasing sales of electric vehicles around the world.

Key Points: 
  • The growth in the fluids and lubricants market for electric vehicles is expected to be driven by increasing sales of electric vehicles around the world.
  • The fluids and lubricants market for electric vehicles is at an early stage and is growing swiftly.
  • The fluids and lubricants market for electric vehicles is in the growth phase.
  • As a result, the fluids and lubricants market for electric vehicles is expected to flourish in the forecast period 2022-2031.

DGAP-News: FUCHS strengthens e-mobility business and enters the battery market

Retrieved on: 
Wednesday, May 25, 2022

The FUCHS Group, which operates globally in the lubricants industry, has taken over 28 percent of the shares in E-Lyte Innovations GmbH.

Key Points: 
  • The FUCHS Group, which operates globally in the lubricants industry, has taken over 28 percent of the shares in E-Lyte Innovations GmbH.
  • The new investment will also feed into this, as it grants FUCHS access to the fast-growing market for electrolytes.
  • The Group already extended its portfolio in 2020 with FUCHS BluEV, a dedicated product line for the latest e-mobility applications.
  • German enterprise Customcells Holding GmbH, a leading international company in the development of special, high-performance lithium-ion battery cells, is the third partner in the joint venture.

DGAP-News: FUCHS honored as the most diverse MDAX company

Retrieved on: 
Thursday, April 28, 2022

FUCHS PETROLUB, the world's largest independent lubricant manufacturer, took 3rd place overall in the BCG Gender Diversity Index 2021 and enjoys the honor of being the highest ranked MDAX company.

Key Points: 
  • FUCHS PETROLUB, the world's largest independent lubricant manufacturer, took 3rd place overall in the BCG Gender Diversity Index 2021 and enjoys the honor of being the highest ranked MDAX company.
  • "At FUCHS, we see diversity not only as an economic success factor, but also an important component of our corporate culture.
  • In fact, the FUCHS Group has now been fully committed to this topic for ten years with its sustainability strategy.
  • Stefan Fuchs accepted the Diversity Champion Award on behalf of the company on April 27 in Hamburg's HafenCity district as part of the "Top 100 Women Networking Dinners".

Bio-Lubricants Market is Growing At +4.2% CAGR by 2027, Says Brandessence Market Research

Retrieved on: 
Monday, April 25, 2022

This will provide the company with a competitive advantage over others in the bio-lubricants market in the marine application segment.

Key Points: 
  • This will provide the company with a competitive advantage over others in the bio-lubricants market in the marine application segment.
  • Segmentation of the bio-lubricants market has been done on the basis of product type into transmission, engine oil, metalworking fluid, general industrial oil, process oil, grease, gear oil and hydraulic fluid.
  • In terms of base oil, it is expected that vegetable oil segment will be growing in the market the most.
  • The increase all over across the region is going to drive the market in the Asia-Pacific region.

Global Synthetic Lubricants Market Outlook & Forecast Report 2022-2027 Featuring Key Vendors - Royal Dutch Shell, ExxonMobil, British Petroleum, Chevron, & Sinopec - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 7, 2022

The "Synthetic Lubricants Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Synthetic Lubricants Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The synthetic lubricants market is expected to grow at a CAGR of 3.48% during 2021-2027.
  • The global synthetic lubricants market is expected to witness stagnant growth during the forecast period.
  • Shell (US), ExxonMobil (US), British Petroleum (UK), Chevron (US), and Sinopec (China) are some of the key players in the synthetic lubricants market.

DGAP-News: FUCHS successfully completes challenging year 2021

Retrieved on: 
Friday, March 18, 2022

In what was once again a challenging environment, FUCHS generated sales revenues of EUR 2.9 billion in 2021.

Key Points: 
  • In what was once again a challenging environment, FUCHS generated sales revenues of EUR 2.9 billion in 2021.
  • We thus exceeded our original forecast for 2021 and also the result from 2019.
  • Despite the challenging environment, FUCHS significantly increased its sales revenues across all regions.
  • Stefan Fuchs, Chairman of the Executive Board at FUCHS: "We are shocked by the events in Ukraine these days.

FUCHS Group announces new design for automotive lubricants: better orientation, better handling, gentler use of resources

Retrieved on: 
Monday, November 15, 2021

The new small packs will be implemented gradually in the FUCHS companies from November 15, 2021.

Key Points: 
  • The new small packs will be implemented gradually in the FUCHS companies from November 15, 2021.
  • View the full release here: https://www.businesswire.com/news/home/20211115005059/en/
    New design for automotive lubricants: better orientation, better handling, gentler use of resources (Photo: Business Wire)
    The range of lubricant products in the automotive sector is enormous and for customers it's getting harder and harder to find what they need.
  • "The unique new design makes it easier for our customers to choose the right product, improves user-friendliness, and saves on resources," sums up Krisztin Rada, Head of Automotive Aftermarket Division.
  • The new clearly structured design of the labels enables customers to identify all the relevant information at a glance.

DGAP-News: FUCHS PETROLUB SE: First nine months confirm positive business development

Retrieved on: 
Friday, October 29, 2021

FUCHS PETROLUB achieved sales of EUR 2,129 million (1,740) in the first nine months of 2021, which was 22% higher than the strongly from the pandemic impacted prior-year period.

Key Points: 
  • FUCHS PETROLUB achieved sales of EUR 2,129 million (1,740) in the first nine months of 2021, which was 22% higher than the strongly from the pandemic impacted prior-year period.
  • All regions improved not only against the prior-year period, but also against the first nine months of the pre-crisis year 2019.
  • In particular, the region Asia-Pacific, which benefitted from a strong demand of the automotive industry, was driver of this development.
  • The FUCHS Group confirms its forecast from July 2021:
    Free cash flow before acquisitions: around EUR 110 million

DGAP-News: FUCHS opens a new production plant for polyurea lubricating greases at its Kaiserslautern site

Retrieved on: 
Wednesday, March 24, 2021

The FUCHS Group, which operates globally in the lubricants industry, has invested EUR 25 million in its Kaiserslautern site and officially inaugurated a new production facility on March 24.

Key Points: 
  • The FUCHS Group, which operates globally in the lubricants industry, has invested EUR 25 million in its Kaiserslautern site and officially inaugurated a new production facility on March 24.
  • A fully automated production plant for polyurea and other lubricating grease specialties has been built on a 2,000 m footprint on the over 90,000 m premises of FUCHS LUBRITECH GmbH, which is based there.
  • The production plant is state-of-the-art and sets the highest standards in terms of safety, energy use and environmental protection in the manufacturing process.
  • "The new plant is a milestone for the entire FUCHS Group in terms of the production and distribution of polyurea greases.