LIQUI MOLY announced it produced more lubricant in 2021 than ever before. The German oil and additive specialist said it produced 105,000 tonnes of lubricant (231,485,375 pounds) – representing a 27 percent increase than in the previous year. “For the first time, we have passed the 100,000-tonne mark,” said Managing Director Ernst Prost. “What would be a strong performance anyway is even more impressive against the backdrop of adverse conditions.”
These adverse conditions include the shortage of raw materials, which not only upset the price structure but led to real bottlenecks, and distortions in global logistics, which made it equally difficult to obtain the raw materials in the first place and then ship the finished products to customers, said the company. In addition, production was even more complex with increasingly numerous types of oil becoming more and more difficult to produce.
Production volume increased not only for oils, but also for additives. A total of 16.3 million cans of additives for fuel, oil and coolant came off the production line – an increase of 14 percent compared to 2020.
“The fact that we achieved this is thanks to our great team, which has overcome the hurdles with a great deal of improvisation, talent and flexibility,” added Prost. “Our continuous investment in modernizing production and logistics has also paid off.”