In the future, the business of lubricating oil will be more competitive with low carbon

February 28, 2023

In the past few years, more and more governments and enterprises have announced the ambition of net zero emission to support the goals of the Paris Agreement and limit the rise of global average temperature. These goals also highlight the importance of how industry calculates the carbon content of its products. Enterprises will pay more attention to the accuracy and consistency of carbon accounting methods. Back in the lubricating oil industry, this demand is being solved by the American Petroleum Institute (API), The organization is working hard to create a recommended practice document on lubricant life cycle assessment and lubricant carbon footprint quantification. The speed of such transformation will vary in different regions.

lubricating oil

For a long time, lubricating oil has only assumed part of the responsibility of improving fuel economy and reducing greenhouse gas emissions. Now, relevant enterprises in the industry have taken sustainability as a core goal.

In recent years, in order to promote the healthy and orderly development of China's lubricant industry, government departments and industry associations have issued policies and regulations for many times. In October 2021, the Ministry of Industry and Information Technology issued the List of Backward Production Processes and Equipment that Produce Industrial Solid Wastes that Cause Serious Environmental Pollution within a Time Limit; In April 2022, the Ministry of Industry and Information Technology issued the Guiding Opinions on Promoting the High-quality Development of Petrochemical and Chemical Industry during the "Fourteenth Five-Year Plan". Under the background of the national promotion of carbon peak and carbon neutralization, the government departments issued the "Action Plan for Carbon Peak before 2030", "Opinions on Completely and Accurately Implementing the New Development Concept to Do a Good Job of Carbon Peak and Carbon Neutralization" and other policies to promote the upgrading and transformation of the petrochemical industry, replace coal with electricity and natural gas, and reduce carbon emissions.

Automotive lubricating oil is the "king of details" in fuel vehicles. It can make the engine and transmission hardware run efficiently, improve fuel economy, and extend the oil change cycle, which can help reduce emissions. In order to achieve these improvements, engine and transmission lubricating oil are developing towards low viscosity, opening up the development direction and protecting the hardware at the same time.

Even with the rapid development of new energy vehicles in the future, automobile lubricating oil products will not be abandoned, because electric vehicles still need the application of lubricants, and will also need all kinds of fluids, including transmission oil and heat transfer oil, to ensure safe and efficient operation. It is only a matter of proportion, and many internal combustion engines will still exist in the next few decades, and cannot disappear out of thin air.

In the trend of green upgrading in various industries, new energy vehicles are the "green sector" that has attracted much attention. As an indispensable supporting product of automobiles, the coordinated upgrading of the lubricating oil industry and new energy vehicles is imperative. As long as the automotive lubricating oil industry follows the requirements of "double carbon", actively explore in the low-carbon field, through tackling key low-carbon core technologies, and the overall layout of low-carbon products, It is believed that it will be a big boost in the flood of green and low-carbon industries.

Author:

Mr. James

E-mail:

sales@cn-lubricantadditive.com

Phone/WhatsApp:

8613783582233