by Jim Donohue | Aug 15, 2023 | Product Applications, Supply Security
Demand for bio-based oil has quietly accelerated in recent years, driven by a rapidly growing market for bio-based thermoplastic elastomers (TPEs). Valued at about $513M in 2023, the market is expected to grow at an astonishing 14 percent CAGR (compound annual growth...
by Jim Donohue | Aug 1, 2023 | Product Applications
The internal combustion engine (ICE) is starting to give way to electric vehicles (EV) in terms of market share, and specialty oil suppliers are watching the shift closely. Oil suppliers have long provided base products to lubricant makers. Now, the industry is...
by Jim Donohue | Jul 17, 2023 | Economy, Supply Security
Global supply chains continue to face significant disruptions compared with the pre-pandemic world, and process oil suppliers are no exception. Shortages of select specialty oils used in the production of synthetic rubbers, sealants, and adhesives continue to plague...
by Jim Donohue | Jul 5, 2023 | Environment, Safety
As a food manufacturer, you understand how the Food Safety Modernization Act (FSMA) affects your business directly. But does it affect your relationships with food-grade oil suppliers? Food-grade (and medical-grade) white oils are essential to the production process...
by Jim Donohue | Jun 15, 2023 | Supply Security
When you’re on the lookout for a mineral oil supplier, proximity is just one of many important factors to consider. Looking for a supplier near you is a great start. No supplier (us included!) can be everywhere and serve everyone. But depending on where you need...
