Press Release | December 2014
ExxonMobil states how usage of high-performance lubricants can lead to significant energy savings
ExxonMobil Lubricants Private Limited, a subsidiary of Exxon Mobil Corporation, was present at the launch of an independent study by the Confederation of Indian Industry (CII) on ´Enhanced Energy Efficiency in Industrial Lubrication.´ The study´s findings, against the background of techno-strategic data emanating from the study and industry validated performance data in real-life case studies, established that energy efficient lubricants help achieve productivity improvement across various applications in industrial sector along with reduction in carbon emissions.
Energy efficiency is visibly a paramount issue for every company in the global industrial sector, no matter how large their operations are or what they specialise in. From an operations and cost efficiency perspective, reducing energy consumption can have a positive impact on a company´s bottom line. According to ExxonMobil´s Energy Outlook Report 2040, energy demand in 2040 is expected to double from 2010 levels, and the rate of increase is anticipated to be even higher in countries like India that have a rapidly expanding industrial business landscape.
Chima Eze, Global Industrial Brand Manager, ExxonMobil Fuels & Lubricants said, ´The industrial sector is a major consumer of energy, accounting for about half of all the electricity consumed around the world - and for about 30 percent of primary energy use. One opportunity for energy conservation that is often overlooked in industrial facilities is the technology behind the lubricant used.´ He further added, ´Using energy efficient lubricants will enable manufacturing facilities to operate at maximum efficiency at optimal cost. Typically companies that upgrade their lubricants and reliability practices have been able to document a significant reduction in power requirements along with achieving productivity improvement and reduction in carbon emissions across various applications in the industrial sector.´ ExxonMobil offers a broad line of advanced lubricating oils and greases that can help increase equipment operating efficiency and engine fuel economy, and help contribute to reduced energy and resource use, lower emissions and cost savings for industrial equipment, machinery, passenger and commercial vehicle engines. Mobil Industrial Lubricants is geared to meet and exceed industry requirements.