F+L Week 2017 | David Cheong | Global Trends in Food-Grade Lubricants

F+L Week 2017
Price: $50

Arguably, the food industry is one of the most diverse, innovative and complex manufacturing sectors in today’s global economy. The packaged food industry is predicted to grow substantially over the next three to five years, topping USD3.0 trillion by 2020. Rapid growth will be driven by increasing demand from emerging economies, as affordability and accessibility of food brings new choices to some of the world’s fastest growing population. With the globalization of the world’s food supply, critical issues including food safety, fraud, waste and security, have emerged as top risk factors in an industry already challenged by a complex and fragmented supply chain. In addition, the ever-changing regulatory landscape, in countries like the U.S.A. and China mean that importers must be well-versed on a multitude of country- specific food safety laws, rules and regulations. In food processing, the increasing reliance on automation and novel processing techniques has resulted in the introduction of highly sophisticated, integrated and complex equipment, which makes proper care and maintenance all the more critical. Poorly designed or inadequately maintained equipment can present significant cross-contamination risks and food processors across all segments – dairy, frozen, meat and poultry, beverage, etc. – have been impacted by widespread product recalls in recent years due to pathogen contamination. Equipment manufacturers are rising to the challenge and introducing “smart” components that relay real time data, ensure critical temperature thresholds are maintained and automatically lock-out or shutdown in the event of detected safety issues, however, equipment cleaning, sanitization and lubrication practices remain a primary defense and are integral to any operator’s HACCP (hazard analysis and critical control point) plan. As the food processing machinery market continues to grow at a 7% CAGR over the next five to 10 years, it will reach USD100 billion by 2025. It is no surprise that the global growth in food grade lubricants and greases has experienced a similar growth trajectory. This presentation will discuss the challenges facing the food-processing sector with respect to food safety, and integrity and traceability. It will also touch upon novel processing techniques and how lubricant manufacturers are adapting to these new applications. It will provide a summary of the pertinent regulations and global standards all food-grade lubricant manufacturers must be versed on in order to compete in the global market, and explore novel approaches to formulating and marketing food-grade lubricants.