Maritime Reporter and Engineering News
There are numerous factors that are driving global environmental regulatory growth and the growth in renewable lubricant technologies, such as natural resource change concerns, new technologies, new evidence from research and overall growing Environmental Health and Safety (EHS) concerns, and most recently the improvements in the durability of lubricants made from renewable technologies. According to environmental consultants and advisors, there are currently thousands of new environmental regulations awaiting attention from legislators and regulators around the globe. Different standards hamper growth and thus, pressure to harmonize regulations is likely to continue alongside the regional and global integration of markets.
