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Discover How Using the Right Lubricants Can Help You Save More

Lubricants are one of the essential components that helps in ensuring the smooth functioning of the equipment. However, in most of the cases, the managers often ignore to maintain the level of lubricant until the equipment starts to produce smoke or screeching noise. In some cases, the managers also opted for the cheapest lubricant available. This choice may result in increasing the overall expenses by increasing expenses on maintenance of equipment, downtime, replacement, and increasing the cost of energy required. Detailed planned lubrication helps in enhancing productivity and profitability, and due to this reason, the proper lubricant should be used form the available industrial lubricants.

          Lubricants are considered as the lifeblood of equipment as its life expectancy depends heavily on the state and quality of the lubricants that reduce the friction on the surface of the components. A typical company spends approximately 15-17% of the investment on the purchase of the equipment and 55-60% on the cost of fuel over the full life cycle of the equipment. In this manner, fuel-efficient equipment has a significant positive impact on the overall operating cost. Overall, you can save huge money if the equipment is able to save a litre a day of fuel through the use of the right industrial lubricants. 

          It is also estimated that the use of the right lubricants reduces the downtime and breaking costs due to the maintenance of the equipment to less than 10%.  It also provides wear protection to the equipment and eliminates the issue of unplanned downtime due to failure of equipment. Proper use of lubricants contributes to reducing the chance of slip between the parts of equipment along with providing proper insulation, and in this manner, it contributes to reducing the operation cost by increasing the efficiency of the equipment and saving a huge amount of money.