{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","color":"brand1-solid","model":{"title":"Shell leads global lubricants market for 16ᵗʰ year","text":"\u003Cp\u003EShell Lubricants retains its status as the leading global supplier of finished lubricants for a 16\u003Csup\u003Eth\u003C/sup\u003E consecutive year, according to the 20\u003Csup\u003Eth\u003C/sup\u003E edition of Kline & Company’s report Global Lubricants: Market Analysis and Assessment 2021.\u003C/p\u003E\r\n","links":[{"name":"Shell leads global lubricants market for 16ᵗʰ year","value":"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year.html"}],"date":"2022-12-06T03:01:00Z"},"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/metadata"},{"organism":"ContentOwner","color":"brand1-solid","model":{},"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.shell.com/_jcr_content/root/header/inherited.model.json","id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.shell.com/"},{"name":"Business customers","value":"https://www.shell.com/business-customers.html"},{"name":"Shell Lubricants and Specialty Fluids","value":"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business.html"},{"name":"Media Releases","value":"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business/news-and-media-releases.html"},{"name":"2022 media releases","value":"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business/news-and-media-releases/2022.html"},{"name":"Shell leads global lubricants market for 16ᵗʰ year","value":"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year.html"}]},"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader.Date","color":"brand2","model":{"title":"Shell leads global lubricants market for 16ᵗʰ year","text":"\u003Cp\u003EShell Lubricants retains its status as the leading global supplier of finished lubricants for a 16\u003Csup\u003Eth\u003C/sup\u003E consecutive year, according to the 20\u003Csup\u003Eth\u003C/sup\u003E edition of Kline & Company’s report Global Lubricants: Market Analysis and Assessment 2021.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n","date":"2022-12-06T03:01:00Z"},"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/main/section/item"},{"organism":"Container.Gapless","color":"brand2","colspan":8,"children":[{"organism":"PromoSimple.Text","color":"brand2","id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/main/section/simple/text","model":{"text":"\u003Cp\u003EThe report covers all leading lubricant consuming country markets, market segments, product types and formulations. Shell retains the number one ranking for all three lubricants categories tracked by Kline – consumer automotive, commercial automotive and industrial.\u003C/p\u003E\r\n\u003Cp\u003EMachteld de Haan, Global Executive Vice President Shell Lubricants, said: “Our continued leadership of the global lubricants and fluids sector reflects our success in growing our base business through a focus on higher value and premium products and differentiating products, whilst continuing to build unique commercial and technical relationships. We are now focused on transforming our business, from being the leading global lubricants supplier to be the leading lubricants and fluid solutions provider of tomorrow.”\u003C/p\u003E\r\n\u003Cp\u003EShell was one of the first to launch an E-fluids portfolio in 2019, demonstrating technological readiness and achieving early traction with OEMs. Today, Shell E-fluids improve the reliability, efficiency and performance of electric powertrains. The business is now focusing on new fluids and a broader set of fluid management solutions, extending into thermal management of batteries, data centres, clean power and life sciences.\u003C/p\u003E\r\n\u003Cp\u003EShell is also delivering more sustainable solutions, with Lubricants playing a critical role in supporting Shell's target of becoming a net-zero emissions energy business by 2050, and helping customers reduce their carbon footprint. For example, Shell Lubricants is reducing waste through the development of sustainable packaging and circular solutions, as well as delivering more sustainable solutions through its range of biodegradable products and solutions.\u003C/p\u003E\r\n\u003Cp\u003EAccording to the latest report, Shell maintained its leading global market share relative to the year prior, with a slight increase in market share (0.6%) over the next largest IOC supplier, up to 11.6%, resulting in its number one ranking. \u003C/p\u003E\r\n\u003Cp\u003EShell’s total volume sold was approximately 4,500-4,700 kilotonnes of finished lubricants, equivalent to approximately 4.9-5.2 billion litres. These global sales were split between the three segments at a similar percentage split as the previous year: 36% industrial, 33% consumer automotive and 31% commercial automotive. \u003C/p\u003E\r\n\u003Cp\u003ETo find out more about Shell’s capabilities and leadership in lubricants, please see the infographic.\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003E\u003Ca href=\"https://www.shell.com/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/_jcr_content/root/main/section/simple/text.multi.stream/1670266182040/776eada7afdaf3491f36cf4f2e24a3b380282cff/shell-named-number-one-global-lubricants-supplier-for-16th-year.pdf\" target=\"_blank\"\u003EClick here to see an Infographic – Shell Lubricants\u003C/a\u003E\u003C/b\u003E\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand2","id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/main/section/simple/text_145009861","model":{"title":"Notes to editors","text":"\u003Cul\u003E\r\n\u003Cli\u003EThe term “Shell Lubricants” collectively refers to Shell Group companies engaged in the lubricants business. Shell sells a wide variety of lubricants to meet customer needs across a range of applications across over 100 countries.\u003C/li\u003E\r\n\u003Cli\u003EOn February 11, 2021, Shell set forth its Powering Progress strategy, including details of how it will achieve its target to be a net-zero emissions energy business by 2050. For more details on Shell’s Powering Progress strategy, please visit: \u003Cb\u003E\u003Ca href=\"https://www.shell.com/powering-progress.html\" target=\"_self\"\u003Ewww.shell.com/poweringprogress\u003C/a\u003E\u003C/b\u003E\u003C/li\u003E\r\n\u003Cli\u003EShell has a world-class lubricants supply chain comprising 32 Blending Plants, four Base oil plants, ten grease plants and six GTL Base oil storage hubs.\u003C/li\u003E\r\n\u003Cli\u003EShell has a strong network of approximately 130 macro distributors and 1,860 distributors\u003C/li\u003E\r\n\u003Cli\u003EOur brands such as Helix, Rimula, Rotella, Pennzoil, Spirax, Tellus, Omala and Gadus are the most preferred brands in their segments by our customers.\u003C/li\u003E\r\n\u003Cli\u003EFor more information about Shell’s e-fluids please visit: \u003Cb\u003E\u003Ca href=\"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business/products/shell-efluids.html\" target=\"_self\"\u003EElectric vehicle fluids: Lubricating the future of mobility | Shell Global\u003C/a\u003E\u003C/b\u003E\u003C/li\u003E\r\n\u003Cli\u003EShell has over 300 scientists and engineers working in specialised technical centres for lubricants in the USA, China, Germany, India and Japan, dedicated to research and development into lubricants and oils.\u003C/li\u003E\r\n\u003Cli\u003EShell has built successful commercial relationships with key global original equipment manufacturers (OEMs) including Komatsu, Geely, Stellantis (formerly Fiat Chrysler Automobiles), Mahindra, BMW, Volkswagen, Hyundai, Renault-Nissan-Mitsubishi, CNH Industrial, Volvo Trucks and others.\u003C/li\u003E\r\n\u003Cli\u003EShell has longstanding motorsport partnerships with Scuderia Ferrari (Formula 1), BMW Motorsport (DTM, LMDh and endurance racing), Hyundai Motorsport (World Rally Championship), Ducati (MotoGP) and Team Penske (NASCAR and IndyCar). Shell Helix Ultra with PurePlus Technology is the only motor oil used by Scuderia Ferrari, BMW Motorsport and Hyundai Motorsport in the race series referenced. Ducati uses Shell Advance motor oil. Team Penske uses ‘off-the-shelf’ Pennzoil Ultra Platinum full synthetic 0W-40 motor oil in IndyCar and with PurePlus Technology in NASCAR. Nissan uses Shell e-fluids (transmission and thermal fluids) in Formula E and Mahindra Racing uses Shell e-fluids (transmission fluids) in Formula E.\u003C/li\u003E\r\n\u003C/ul\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand2","id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/main/section/simple/text_212170241","model":{"title":"Cautionary note","text":"\u003Cp\u003EThe companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this \u003Ca name=\"_Hlk101877741\" id=\"_Hlk101877741\"\u003E\u003C/a\u003Eannouncement, “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. “Joint ventures” and “joint operations” are collectively referred to as “joint arrangements”. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. \u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EForward-Looking Statements\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EThis announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, “milestones”, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2021 (available at \u003Cb\u003E\u003Ca href=\"https://www.shell.com/investors.html\" target=\"_self\"\u003Ewww.shell.com/investor\u003C/a\u003E\u003C/b\u003E and \u003Cb\u003E\u003Ca href=\"http://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, 06 December 2022. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EShell’s net carbon footprint\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EAlso, in this announcement we may refer to Shell’s “Net Carbon Footprint” or “Net Carbon Intensity”, which include Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell’s “Net Carbon Footprint” or “Net Carbon Intensity” are for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EShell’s net-Zero Emissions Target\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EShell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Footprint (NCF) targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCF target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EForward Looking Non-GAAP measures\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EThis announcement may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. We are unable to provide a reconciliation of these forward-looking Non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those Non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.\u003C/p\u003E\r\n\u003Cp\u003EThe contents of websites referred to in this announcement do not form part of this announcement.\u003C/p\u003E\r\n\u003Cp\u003EWe may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website \u003Cb\u003E\u003Ca href=\"http://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E. \u003C/p\u003E\r\n"}}],"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/main/section/simple","model":{}},{"organism":"Container.Gapless","color":"inherited","colspan":4,"children":[{"organism":"CallToAction.Stacked","color":"brand1","colspan":4,"id":"/content/shell/corporate/global/en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year/jcr_content/root/main/section/simple_1561170425/call_to_action_copy_","model":{"links":[{"name":"Sign up for email news 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leads global lubricants market for 16ᵗʰ year","text":"Shell Lubricants retains its status as the leading global supplier of finished lubricants for a 16th consecutive year, according to the 20th edition of Kline & Company’s report Global Lubricants: Market Analysis and Assessment 2021.","date":"2022-12-06T03:01:00Z","links":[{"name":"canonical","value":"https://www.shell.com/business-customers/industrial-lubricants-and-specialty-fluids-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year.html"},{"name":"errorUrl","value":"https://www.shell.com/error.html"},{"name":"hierarchy","value":"en_gb/business-customers/lubricants-for-business/news-and-media-releases/2022/shell-leads-global-lubricants-market-for-16th-year"},{"name":"homeTitle","value":"Shell Global"},{"name":"homeUrl","value":"https://www.shell.com/"},{"name":"locale","value":"en-GB"},{"name":"title","value":"Shell leads global lubricants market for 16ᵗʰ year | Shell 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