17 Oct 2019  |  Asia Pacific
Mining Sector Recovery Drives Growth, While Customised Service Drives Differentiation
Enhanced mining production levels and a recovery in CAPEX for plant, machinery, and equipment drive the demand for mining lubricants and greases in the Australian market. Mining CAPEX peaked in 2012 and rapidly declined, and steady improvement as seen in the recent past is likely to continue. However, price sensitivity among customers will restrain...