Lubricating and assembly paste, free of heavy metals with good water/media resistance as well as reliable protection against wear and fretting corrosion. The assembly paste with white solid lubricants protects reliably against wear and is excellently suitable for long-term lubrication of roller and journal bearings at high static and dynamic loads e. g. journal bearings of rotary plates in carding and rowing machines as well as roller bearings in textile finishing machines.