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Associated Press
17-07-2025
- Automotive
- Associated Press
Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia
SINGAPORE - Media OutReach Newswire - 17 July 2025 - With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector's global hub. Asian Lubricant Exhibition 2025 While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide. Strategic Realignment: From the West to the East As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world's largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership. Asia's strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience. The Asian Lubricant Exhibition 2025: Spotlighting the Industry's Transformation The challenges—and potential advantages—of this strategic global shift will take center stage at the Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia's only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers. Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today's volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers. With over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures. Highlights Include: Join the Conversation on Supply Chain Transformation Whether you're a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia's lubricant leaders and align your strategy with where the market is headed. For booth bookings, program details, and registration, visit: Let's shape the future of lubricants—together in Singapore. Hashtag: #AsianLubricantExhibition2025 #ALE2025 The issuer is solely responsible for the content of this announcement.
Zawya
17-07-2025
- Automotive
- Zawya
Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia
SINGAPORE - Media OutReach Newswire - 17 July 2025 - With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector's global hub. While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide. Strategic Realignment: From the West to the East As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world's largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership. Asia's strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience. The Asian Lubricant Exhibition 2025: Spotlighting the Industry's Transformation The challenges—and potential advantages—of this strategic global shift will take center stage at the Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia's only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers. Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today's volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers. With over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures. Highlights Include: Exhibitor Presentations spotlighting supply chain innovations Training and networking events such as the Base Oil 101 Training Course and the ALIA Anniversary Dinner Executive Briefings on market forecasts and trade realignment The ALIA Sustainability Session on future-ready lubricant strategies Join the Conversation on Supply Chain Transformation Whether you're a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia's lubricant leaders and align your strategy with where the market is headed. For booth bookings, program details, and registration, visit: Let's shape the future of lubricants—together in Singapore. Hashtag: #AsianLubricantExhibition2025 #ALE2025 The issuer is solely responsible for the content of this announcement. F&L Asia Ltd.
Bloomberg
13-07-2025
- Business
- Bloomberg
Copper Tariffs Won't Bring Back US Manufacturing
President Donald Trump's proposed 50% tariff on copper imports is emblematic of the administration's incoherent approach to economic policy: Soaked in nostalgia for America's industrial past, it pursues strategies that will make it harder for US manufacturers to succeed now and in the future. In announcing his policy on Truth Social, Trump noted that copper 'is necessary for Semiconductors, Aircraft, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile Defense Systems, and even, Hypersonic Weapons, of which we are building many.'
Yahoo
11-07-2025
- Business
- Yahoo
TARIFF PAUSE SPURS GLOBAL MANUFACTURING ACTIVITY IN JUNE, WITH GLOBAL SUPPLY CHAINS NOW OPERATING CLOSE TO FULL CAPACITY: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
Europe exits two-year slump, led by German export rebound and domestic demand recovery U.S. manufacturers purchasing surges ahead of U.S. 'tariff pause' ending Asia supply chains pick up, though capacity remains underutilized in Southeast Asia No signs of cost inflation escalation yet despite the 10% universal tariff imposed by the U.S. CLARK, N.J., July 11, 2025 /PRNewswire/ -- GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses — jumped to -0.17 in June, from -0.46 in May, its highest in 2025 as worldwide supply chain activity picked up despite the 10% tariffs imposed by the US administration. For the first time in more than two years, European manufacturers operated at full tilt, driven by front-loaded orders from US customers, and a rebound in both domestic and export demand, particularly across Germany. In North America, demand for inputs surged as U.S. manufacturers moved quickly to secure inputs – commodities, parts, components and raw materials – ahead of a potential end to the current tariff pause. Asia's supply chains also showed signs of recovery, with stronger activity in India, Japan, and South Korea. However, spare capacity remains across Southeast Asia, where factory purchasing continues to lag, notably in China. Notably, there is no evidence in the data of cost inflation escalating dramatically, despite the tariffs. "In June, Europe shook off its long slump and global supply chains ran at full capacity — despite the uncertainty and on-and-off again tariffs," said John Piatek, VP, Consulting, GEP. "But under the surface, companies are putting in place contingencies: stockpiling inputs, reshaping supplier networks, near-shoring operations, and securing supply chain financing." Interpreting the data:Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are. Interpreting the data:Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are. JUNE 2025 REGIONAL KEY FINDINGS ASIA: Index rises to -0.27, from -0.40, indicating a pick-up in Asian market activity, but the region's supply chains remain underutilized overall. This mostly reflects subdued factory conditions in Southeast Asia. NORTH AMERICA: Index rises to -0.06, from -0.24 as US manufacturers ramp up purchasing sharply ahead of the tariff pause coming to an end. North American supply chains effectively ran at full capacity in June. EUROPE: Index rises to 0.01, from -0.30, signaling full capacity utilization across Europe's supply chains in June as the continent's industrial sector emerges from its prolonged downturn. U.K.: Index rises to -0.41, from -0.97, its highest for seven months, but still indicative of an elevated level of slack across the U.K.'s supply chains. JUNE 2025 KEY FINDINGS DEMAND: Global factory purchasing activity continued to trend upwards in June, with demand at its most robust in just over a year. This was driven by a considerable rise in North America, driven by the US, as manufacturers ramped up buying ahead of the pause on US tariffs coming to an end. INVENTORIES: There were increased reports from businesses of a rise in stockpiling due to price or supply concerns during June. Mentions of safety buffers being built into warehouses were their highest so far in 2025 globally, with the prospect of higher tariffs driving procurement managers into precautionary action. MATERIAL SHORTAGES: The global item shortages indicator, which measures the prevalence of supply problems, remains historically low, indicating robust availability. LABOR SHORTAGES: Suppliers' workforce capacity remains sufficient to process current order loads, according to our data. Reports of manufacturing backlogs rising due to staff shortages remain stable at historically typical levels. TRANSPORTATION: Global transportation costs were once again in line with their long-term average in June. Reports from surveyed businesses of logistic cost pressures remain anchored. For more information, visit Full historical data dating back to January 2005 is available for subscription. Please contact economics@ next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, Aug. 12, 2025. About the GEP Global Supply Chain Volatility Index The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. It is derived from S&P Global's PMI® surveys, sent to companies in over 40 countries, totaling around 27,000 companies. The headline figure is a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators compiled by S&P Global. For more information about the methodology, click here. About GEP GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit About S&P Global S&P Global (NYSE: SPGI) S&P Global provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. Media Contacts Derek Creevey Joe Hayes S&P Global Market Intelligence Director, Public Relations Principal Economist Corporate Communications GEP S&P Global Market Intelligence Email: Phone: +1 646-276-4579 Phone: +44-1344-328-099Email: Email: View original content: SOURCE GEP Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
