Fuchs Petrolub

Last updated
Fuchs Petrolub SE
Type Societas Europaea
FWB:  FPE
Industry Chemicals
Founded1931;91 years ago (1931)
FounderRudolf Fuchs
Headquarters Mannheim, Germany
Number of locations
58 operating companies, 33 production plants
Area served
Worldwide
Key people
Dr. Kurt Bock (Chairman of the supervisory board), Stefan Fuchs (CEO)
Products Lubricants, speciality automotive chemicals
Revenue 2,567 million (2018) [1]
€383 million (2018) [1]
€288 million (2018) [1]
Total assets €1,891 billion (end 2018) [1]
Total equity €1,456 billion (end 2018) [1]
Number of employees
5,446 (end 2018) [1]
Website www.fuchs.com/group

Fuchs Petrolub SE is a German multinational manufacturer of lubricants, and related speciality products. [2] [3] [4]

Contents

The company's headquarters are at Mannheim, Baden-Württemberg, Germany, where the company was founded in 1931. Fuchs is a public company listed on the Frankfurt Stock Exchange. As of 2008, it is a constituent of the MDAX trading index of German mid-cap companies. [5]

Fuchs products

Fuchs produces a wide range of products, which include automotive lubricants (engine motor oils and transmission, for motor cars, motorcycles, agricultural, plant and stationary engines), metalworking lubricants, industrial, civil engineering, and hydraulic products. Fuchs also produces the Planto range of biodegradable products.

Automotive products

Industrial products

Civil Engineering products

Mechanical Engineering products

General application products

Fuchs Lubritech

Fuchs Lubritech is a division that specializes in specialty lubricants, coatings and services for all industrial applications, especially mining, and other types of processing and

The "Silkolene" brand name

The Silkolene brand name has a long history, with the company originating in England. Initially, it was called Dalton and Company, being named after its founder, and sold Silkolene products. However, recognising the strength of the Silkolene brand, in the early 1980s, the company was renamed Silkolene Lubricants. In 1989, Silkolene Lubricants was acquired by the German Fuchs group, and the products were subsequently renamed Fuchs Silkolene.

The products themselves gained a high international regard.[ citation needed ] The Silkolene company developed specialist lubricants for aviation, including oils for the Merlin engine, as used in the Spitfire, Hurricane and Lancaster, to name a few. Silkolene dedicated many years on technical cooperation with the US Air Force, and was also involved with the supersonic passenger aircraft, Concorde. The company amassed expertise with synthetic lubricant technology, and Silkolene became a recognised world leader in the field of synthetic lubricants, including esters.[ citation needed ]

Synthetic lubricant technology continued, and in the early 1990s, developments continued to include Aerospace engineering, along with motorsports, including rallying and motorcycle racing. An early partnership was with Honda UK Motorcycle Race Team. With positive market exposure, coupled with a very high degree of research and development (R&D), and success in competition, Silkolene products became the market leader in the UK.

Presently, Silkolene products continue to be manufactured at Hanley, Stoke-on-Trent, in England. They are now also made in Germany, the US, and South East Asia. Fuchs purchased the British Batoyle Freedom Group company of Norfolk in 2014. [6] [7]

Fuchs in motorsports

Fuchs, like many of their competitor brands of lubricants, have a strong worldwide presence in motorsports, particularly in Europe and the USA.

In the 2-wheel automotive segment, the Fuchs Silkolene brand sponsors many different classes of motorcycle racing, including prototype based racing: MotoGP, and production based SuperBike and SuperSports racing: World SuperBikes, World SuperSports, British SuperBikes. The brand has also been involved with Motorcross, speedway and karting (sponsoring Hudson Motorsport and Freddie Housley). Fuchs have a current long-term partnership with Kawasaki motorcycles, although they also sponsor Honda, Suzuki and Yamaha. Silkolene have also participated in the Isle of Man TT races, arguably, the toughest test in the world for any motorcycle.

In Australia, in 2016 Fuchs are sponsoring V8 Supercar teams Brad Jones Racing and Team 18, having previously sponsored Tasman Motorsport, Stone Brothers Racing and Erebus Motorsport, as well as drag racing teams John Zappia Racing and Lamattina Top Fuel Racing.

Related Research Articles

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<span class="mw-page-title-main">Motor oil</span> Lubricant used for lubrication of internal combustion engines

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<span class="mw-page-title-main">Synthetic oil</span> Lubricant consisting of artificially made chemical compounds

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AMSOIL Inc. is an American corporation based in Superior, Wisconsin that primarily formulates and packages synthetic lubricants, fuel additives, and filters. Company founder Albert J. Amatuzio developed several synthetic motor oil formulations throughout the mid-to-late 1960s. He was commercially selling synthetic motor oil by 1968. In 1972, AMSOIL 10W-40 Synthetic Motor Oil became the world's first synthetic motor oil to meet American Petroleum Institute requirements, which prompted the company to adopt "The First in Synthetics®" as its tagline. The company introduced several other synthetic lubricants that represented industry firsts throughout the 1970s and early 1980s. It distributes products in North America via a network of independent dealers following a direct-marketing business model.

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Penrite Oil Company is an Australian independent international lubricants company established in 1926. The head office is located in Dandenong South in Melbourne, Australia, with other major offices in Sydney, Brisbane, Adelaide, Perth and Auckland, New Zealand and the United Kingdom, exporting to over 50 countries in Europe, Asia and the United States of America. The company is privately owned.

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References

  1. 1 2 3 4 5 6 "Annual Report 2018" (PDF). Fuchs Petrolub. Retrieved 27 March 2018.
  2. Matthews, Sheenagh (3 November 2015). "Fuchs Shares Drop as Demand for Lubricants Seen Stagnating". Bloomberg . Retrieved 19 April 2016.
  3. Cremer, Andreas (7 September 2011). "Fuchs Petrolub, Jenoptik, Solarworld: German Equity Preview". Bloomberg . Retrieved 19 April 2016.
  4. Randow, Jana (5 November 2015). "German Factory Orders Unexpectedly Decline for Third Month". Bloomberg . Retrieved 19 April 2016.
  5. "MDAX Constituents". Frankfurt Stock Exchange . Deutsche Börse . Retrieved 19 April 2016.
  6. Allcock, Andrew. "Fuchs Lubricants (UK) buys Batoyle Freedom Group". Machinery. Retrieved 19 April 2016.
  7. Zientek, Henryk (24 June 2014). "Batoyle jobs in Milnsbridge at risk following sale to German company". Huddersfield Daily Examiner . Retrieved 19 April 2016.