F&L Week 2015 Announces Featured Keynote Address by Apu Gosalia, Fuchs Petrolub, on the Sustainability of the Asian Lubricants Industry.
An intensive look into the tremendous changes facing the Asian lubricants industry and finding a roadmap forward to success.
Apu Gosalia, Head of Global Competitive Intelligence and
Chief Sustainability Officer at FUCHS PETROLUB
Singapore, Singapore, February 15, 2015 –(PR.com)– The Head of Global Competitive Intelligence and
Chief Sustainability Officer at FUCHS PETROLUB, Apu Gosalia, will be presenting one of the keynote
addresses at this year’s annual F&L Week 2015, to be held at the Pan Pacific Hotel in Singapore on 10-13
Gosalia’s keynote address is titled: “The Sustainability of the Asian Lubricants Industry: New Challenges
in the Market and Competitive Landscape” and is of high significance to those in the throes of the
evolving challenges within the industry.
Gosalia will discuss how the global lubricants industry is in the midst of tremendous changes which are
shifting the competitive landscape. Some of the driving forces behind these are the restructuring of oil
majors, the globalization of National Oil Companies or NOCs, the transfer of ownership to private equity
funds, new market participants, vertical diversification and retraction from niche markets. Mergers and
acquisitions (M&As) over the past 10 years have also reshaped the global lubricants sector, according to
Gosalia. Whereas there were 1,500 independent lube companies* and 200 major players in the
mid-1990s, these numbers have shrunk to 590 and 130 respectively in the last 10 years.
The key takeaways from this presentation will include the following:
– How did global lubricants demand develop last year?
– How did macroeconomics influence the global and Asian lubricant market?
– How did regional lube market dynamics of the past years develop in mature, emerging and markets in
transition, both quantitatively and qualitatively?
– What was the competitive landscape in terms of M&A deals in the past 10 years?
– How does sustainability influence the lubricants sector in general and especially the Asian lubricants
With such major changes at play, it is imperative to take a closer look at the development of the global
and regional lube markets of the past decade. Forecasts on country-specific lube market developments
will be highlighted, as well as relevant sustainability trends and challenges.
This featured presentation will inspire thought leadership and help shape strategic roadmaps for those
involved in the Asia-Pacific lubricants industry.
In order to thrive in this increasingly Volatile, Unpredictable, Uncertain, Complex and Ambiguous
Market Environment, the theme of this year’s F+L Week 2015, the audience will be empowered to take
pages from the play book of market leaders.
To register for the conference or to get more information, visit: http://www.fltestmig.oiltrends.asia/conference
* Independent companies which produced 1,000 tonnes or more of finished lubricants.
About Apu Gosalia
Apu Gosalia has an MBA from Western Illinois University, U.S.A. and a Diplom-Kaufmann from the
University of Mannheim, Germany. He also successfully completed the certified study program
“Competitive Intelligence Engineer“ at the graduate school, Rhein-Neckar as well as the certified
qualification course “Sustainability Manager (SME)” at the European Institute for Labour Relations. For
more than 15 years, Gosalia has held different positions in the FUCHS PETROLUB Group, the world’s
leading independent manufacturer of lubricants and related specialties based in Mannheim, Germany. He
is Head of Global Competitive Intelligence & Chief Sustainability Officer, reporting to the CEO and the
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