Halal Certified Machine Lubricants - World Halal Week

Market InsightThe food market is one of the most innovative markets, and continues toface very strong competition. Quality and productivity are thereforeexceptionally important . Some Figures: yearly Growth in Europe: 5% (2-6% from region to region) the third largest industry in the European Union employing some 2.7 million people in over 26,000 companies oil products demand: about 1.17 million metric Tons whereof about 15„000 metric tons (33 million pounds) Lubricants.The proportion of food grade lubricants varies between 5% and 20% fromone country to another.Germany with biggest market share generates about 152 billions Euro (200 billions US$) applies about 1.33 billions Euro for Energy (1.77 billions US$).Other important markets in Europe are Italy, UK, France, Spain and theNetherlands.