2024 Synthetic Oil & Specialty Grease Technology and Marketing Seminar Concluded Successfully

From June 23rd to June 24th, the highly anticipated "2024 Synthetic Oil & Specialty Grease Technology and Marketing Seminar" was successfully held in Qingdao. The event brought together nearly 100 industry elites, experts and scholars, and outstanding enterprise representatives from all over the country to discuss the latest developments and industry trends of synthetic oil and specialty grease technology.

Group photo of guests at the 2024 Synthetic Oil & Specialty Grease Technology and Marketing Seminar The atmosphere at the meeting was warm, and the participants had in-depth discussions and exchanges on the development prospects, application fields, and marketing strategies of synthetic oil and specialty grease technology. Lubemater (Qingdao) Materials Technology Co., Ltd. is an important co-organizer of this conference. In his opening speech, the company's chairman Wang Xiaobo expressed a warm welcome to all guests and made a profound analysis of the dual situation facing the current lubricant industry.

Mr. Wang Xiaobo Chairman Wang Xiaobo pointed out in his opening speech that under the current macroeconomic environment, the development of the lubricant industry is facing unprecedented challenges. On the one hand, the market demand for ordinary lubricating oil products is weak, and the problem of overcapacity is prominent, causing many small and medium-sized private enterprises to fall into survival difficulties; on the other hand, high-end market segments such as synthetic esters and special greases have shown great commercial potential due to high technical barriers and insufficient market supply. This seminar provides a communication platform for many entrepreneurs, experts and scholars in the lubricating oil industry to share technology and discuss business. It will not only allow participants to gain insight into the latest trends in the industry, but also stimulate innovative thinking, explore business opportunities, and promote in-depth exchanges and cooperation between the industry. Lubemater hopes that this conference will become a bridge to enhance friendship and deepen cooperation, and jointly promote the prosperity and development of the lubricating oil industry.

Lubemater (Qingdao) Materials Technology Co., Ltd. is a high-tech company initiated and founded by the State Key Laboratory of Solid Lubrication in 2010. The company is committed to developing high-performance lubricating grease products that are synchronized with the international advanced level for high-end equipment power transmission systems working in harsh working conditions such as high temperature, low temperature, heavy load, and high speed, and providing domestic lubricating product alternatives for high-end equipment in important industries and high-tech industries in my country. More than 200 products of more than ten categories have been developed in many key fields such as continuous flat press for plates, high-end equipment for metallurgical building materials, large screw air compressors, large wind turbines, rail transit equipment, large open gears, high-speed precision bearings, power equipment, mining machinery, precision machining, electric tools, and wire rope protection, which have achieved domestic mass substitution of lubricating grease to a certain extent.

This seminar closely revolves around the four core topics of "Exploration of new technologies and new market opportunities for special greases", "Construction of innovative marketing models for special high-end products", "Discussion of the latest application problems and cutting-edge solutions of synthetic oils" and "Technical barriers and solutions in the research and development of synthetic oil technology". Eight senior industry experts including Zhang Luyi, Technical Support Manager of Fuel and Lubricant Solutions Asia Pacific of BASF (China) Co., Ltd., Dr. Ju Chao of the Institute of Chemical Physics, Lanzhou, Chinese Academy of Sciences, and Zhang Li, Chief Engineer of Qingdao Lubemater Lubricating Materials Technology Co., Ltd., were invited to give speeches on site. Experts analyzed the industry trends, technological frontiers and domestic alternatives in the field of lubrication from different angles and in an all-round way, providing the guests with profound insights and inspiration on the future development direction of the industry, and bringing rich industry knowledge and cutting-edge technology dynamics.

In the expert Q&A session, five industry experts, including Mr. Wang Xianhui, senior engineer of the Lubricating Grease Branch of Sinopec Lubricant Co., Ltd., Mr. Li Lei, senior industry development manager of Zhejiang Wansheng Co., Ltd., Dr. Su Huaigang, researcher of the National Key Laboratory of Lubricating Materials of the Lanzhou Institute of Chemical Physics, Chinese Academy of Sciences, Director Chu Mingming, director of the Institute of Wuxi Sinopec Lubricating Grease Co., Ltd., and Mr. Wang Ping, former professor-level senior engineer of Sinopec, answered difficult questions about synthetic oil and special grease technology for the guests on site, further broadening the horizons and ideas of the participants. Participants said that this seminar not only provided them with valuable industry information and technical exchange opportunities, but also opened up new business horizons and market opportunities for them.

This seminar was wonderful, not only fully demonstrated the latest breakthroughs and broad application prospects of synthetic oil and special grease technology, but also greatly promoted in-depth exchanges and cooperation between related companies. Participants generally agreed that this conference provided a vital communication platform for the industry, which has far-reaching significance for promoting the continuous innovation and wide application of synthetic oil and specialty grease technology.

The successful holding of this seminar not only demonstrated Lubemater's leading position in the lubricant industry, but also injected new vitality and motivation into the innovation and application of synthetic oil and specialty grease technology. The company will continue to rely on the technical advantages of the National Key Laboratory in the field of lubricating materials for many years, carry out scientific and technological innovation and achievement transformation based on the needs of the country's important industrial high-end equipment for high-performance lubricants, and continuously explore and innovate more excellent new lubrication technologies and methods, and continuously explore the lubrication needs of China's important industrial users. With the help of professional lubrication diagnosis, targeted lubrication product and technology development and systematic equipment lubrication application, it provides China's high-end equipment with immediate professional optimal solutions and helps the development of China's important industries and emerging industries.