Fuchs Petrolub SE Overview
Company Headquarters: Mannheim, Germany
Founded: 1931
Workforce: ~5,976
Company Working: Fuchs Petrolub SE (Fuchs) is an independent lubricant manufacturer that develops, produces, and commercializes lubricants and related specialties worldwide. Automotive lubricants, industrial lubricants, metal-working fluids, and lubricants for specialized purposes are among the company's product offerings. A wide number of industries are served by Fuchs, including agricultural, automotive, mining and exploration, metalworking, agriculture and forestry, aerospace, power generation, mechanical engineering, construction, transport, steel, metal and cement, food, glass production, and casting and forging. It also provides services that are technical, and process related. The business has operations throughout Asia-Pacific, Europe, North America, South America, and the Middle East.
Strategy
Fuchs driven by the megatrends of digitalization and sustainability, e-mobility, and rising worldwide customer expectations, which serve as the foundation for our strategy FUCHS2025. The objective is to build and develop technological leadership in additional strategically significant application areas, as well as to further solidify the current technology leadership in critical application areas. Along the whole process and value chain, the company depends on the effectiveness, dependability, safety, and sustainability of our lubricants. A variety of specialty lubricants have been introduced by the firm for use in electric and hybrid vehicles that fulfil the complicated and innovative requirements of e-mobility and guarantee the performance of the new system environment. The company concentrated particularly on translating the group strategy into local, regional, and segment-oriented business plans and then articulating them in a coordinated manner. The company also worked on launching strategic initiatives globally and turning them into tangible projects. The company is still working toward its goal of steadily raising the value of the business. For customers, employees, and shareholders, a company creates value. The foundation for this is securing and enhancing market position in developed areas and sustainably growing market position in emerging regions. With three technologically similar R&D centers located in Europe, Asia, and North and South America, the company is continuing to build its organizational structure on the regional model. The Company has organized and centrally controlled basic research at the global level with the goal of expanding innovative power.
