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Look Down the Road.
July 1, 2001... I admit it: When I read the newspaper, I read the comics. And I hold them for last--as if I were rewarding myself with a sinful dessert after eating a healthy meal. I also buy collections of those that amuse me most. Once, as a poor student,...
Pennzoil-Quaker State Announces Restructuring.(Brief Article)
July 1, 2001... Citing weak consumer demand for its products, Pennzoil-Quaker State Co. (PC)S; Houston) cut its quarterly dividend and plans an "accelerated organizational restructuring" of its Lubricants, Consumer Products, and International segments, the...
ASTM.(provides two Web site links for job seekers)(Brief Article)
July 1, 2001... ASTM now offers two Web site links for job seekers: ResumeMatch offers members the ability to upload their resumes to an exclusive ASTM database accessible by recruiters, and JobMatch is a job listing service that allows members to view job...
American Agip Company Inc.'s.(achieves ISO 9002 certification)
July 1, 2001... American Agip Company Inc.'s Cabot, PA, plant has achieved ISO 9002 certification...
National Tribology Services.(to open used-oil analysis lab)(Brief Article)
July 1, 2001... National Tribology Services, recently acquired by Bently Nevada, is opening a used-oil analysis lab at the site of its new parent company in Minden, NV...
Silverson Machines Inc.'s.(impoves web site)(Brief Article)
July 1, 2001... Silverson Machines Inc.'s Web site (www.silverson.com) now allows users to view it in French, Spanish, Japanese, and Portuguese, as well as English...
Lubricants USA, a manufacturer of Fina-branded lubricants, has entered into an alliance.(with)(Southeastern Oil Jobbers Cooperative)(Brief Article)
July 1, 2001... Lubricants USA, a manufacturer of Fina-branded lubricants, has entered into an alliance agreement with the Southeastern Oil Jobbers Cooperative, which would allow it to offer these lubes to more than 200 fuel and lube distributors in 10...
Earhart Petroleum.(become distributor for 76 Lubricants)(Brief Article)
July 1, 2001... Earhart Petroleum, the major lubricant distributor in the Greater Miami Valley area, has signed on as a distributor for 76 Lubricants...
Matlack Systems Inc.(brief company financial information)(Brief Article)
July 1, 2001... Matlack Systems Inc., a tank transporter for the chemicals industry, has filed a petition for Chapter 11 bankruptcy protection in Delaware.
Exxon Mobil Tops Fortune Global 500 List.(company award information)(Brief Article)(Statistical Data Included)
July 1, 2001... Exxon Mobil Corp. (Irving, TX) has displaced General Motors (GM) from the No. I spot on the Fortune Global 500, the magazine's annual list of the world's largest corporations. GM moves to No. 3, Wal-Mart holds the No. 2 spot, Ford Motor Co. is...
Deals on Motiva, Equilon Prove Elusive.(Chevron Corp's merger with Texaco Inc)(Brief Article)
July 1, 2001... While officials from Chevron Corp. (San Francisco) and Texaco Inc. (White Plains, NY) say they are still optimistic they can complete the two companies' merger by October, they have not come to an agreement with Shell Oil (Houston) for the...
Envera to Merge with ChemConnect.(brief merger information)(Brief Article)
July 1, 2001... On June 7, Ethyl Corp. (Richmond, VA) announced that its e-commerce venture Envera was merging with ChemConnect (San Francisco), operator of the online marketplace World Chemical Exchange. ChemConnect's online trading tools include the Exchange...
Industry Study Highlights Independents' Power.(lubricants industry information)(Brief Article)
July 1, 2001... Preliminary findings from a major market research study being produced by PetroTrends (Metuchen, NJ) and marketed under a joint venture agreement with the Independent Lubricant Manufacturers Association (ILMA; ALexandria, VA) show that...
Joint Projects Pay Off for AspenTech.(and Air Liquide)(Brief Article)(Product Announcement)
July 1, 2001... Industrial and medical gases provider Air Liquide (Paris) and Aspen Technology (Cambridge, MA) have announced the Launch of industrial optimization solutions for the refining and chemical industries. The initial focus is on Pro-En Services,...
Nalco Buys Out ExxonMobil.(acquisition information)(Brief Article)
July 1, 2001... Ondeo Nalco has acquired the 40% stake it did not already own in Nalco/Exxon Energy Chemicals (Sugar Land, TX) from ExxonMobil Chemical (Houston). Terms were not disclosed. Nalco/Exxon has sales of $500 million/year and makes specialty...
New Dover Plant Adds to Product Line.(Dover Chemical Corp product introduction)(Brief Article)
July 1, 2001... Dover Chemical Corp. (Dover, OH), a subsidiary of ICC Industries Inc., has begun production of calcium stearate and zinc stearate in a new dedicated manufacturing plant located at its headquarters. Calcium stearates increase die life in wire...
API Begins SL Licensing.(American Petroleum Institute)(Brief Article)
July 1, 2001... The American Petroleum Institute's (API) Engine Oil Licensing and Certification System (EOLCS) has begun issuing licenses for the SL service category of passenger car engine oils. As part of that effort, the APT has also accepted GF-3, the...
Research Indicates Current Oil Meets PC-9 Specs.(product standards information)(Brief Article)
July 1, 2001... Although official pass/fail Limits are not yet established, in July Equilon Enterprises LLC (Houston) announced that recent testing indicates that Shell Rotella T Multigrade 15W-40 with Advanced Soot Control meets or exceeds the anticipated...
Industry Group Says Number of DIYers Unchanged.(automobile do it yourself segment report)(Brief Article)
July 1, 2001... Contrary to common belief, the do-it-yourself (DIY) segment of the automotive aftermarket is not shrinking; in fact, the percentage of DIY households in the United States has remained constant for the past 6 years, according to a new market...
Tricor Refining Gets Golden Bear Assets.(acquisition information)(Brief Article)
July 1, 2001... On June 18, Tricor Refining LLC--an acquisition entity formed by Ergon Inc. (50%), San Joaquin Refining Inc. (25%), and Tricor Energy LLC (25%)--announced that it had successfully bid for the assets of Golden Bear Oil Specialties Inc. The bid...
Chemtool Expands Plant.(Brief Article)
July 1, 2001... Chemtool Inc. (Crystal Lake, IL) has announced the construction of a 50,000-sq.-ft. addition to its Tehachapi, CA, plant that will increase the facility to 150,000 sq. ft. The addition will include two indoor rail spurs, indoor truck docks and...
Permacote Line Gets New Name.(Brief Article)
July 1, 2001... The DuPont Coating & Release Systems business (Wilmington, DE) announced that it is changing the name of its Permacote product line to DuPont TraSys. The products are intimately Linked to DuPont's Krytox performance Lubricants, which are used...
Russell-Stanley Joins Containers America.(Brief Article)
July 1, 2001... Russell-Stanley Corp. (Bridgewater, NJ) has joined Containers America LLC. Russell-Stanley's participation within the group adds steel drum manufacturing sites in Burlington, ON; Houston; and Woodbridge, NJ. Russell-Stanley's expanded product...
Graham Packaging Adding Manufacturing Plant.(to open new manufacturing plant)(Brief Article)
July 1, 2001... Graham Packaging Company LP (York, PA) has announced plans to open a major manufacturing plant in the Vanderburgh Industrial Park near Evansville, IN. The plant is expected to begin operation by April 2002 and provide more than 60 full-time...
Myers Container Makes Moves.(consolidates operations)(Brief Article)
July 1, 2001... Myers Container Corp. (Emeryville, CA) stopped operating its new drum manufacturing Line at San Pablo, CA, on June 30 and consolidated the business into other facilities in Los Angeles and Portland, OR. The company says it has expanded capacity...
CIDX, PIDX Develop Chemical/Petroleum E-Standards.(Brief Article)
July 1, 2001... The Chemical Industry Data Exchange (CIDX) and the API's Petroleum Industry Data Exchange (PIDX) said in June that they plan to cooperate to develop and support standards for extensible markup Language (XML)-based electronic business...
TSC Hosts Caltex E-Procurement System.(Brief Article)
July 1, 2001... Technology Solutions Co. (TSC; Chicago) has reached an agreement in principle with refiner/marketer Caltex Corp. (Singapore) to host an e-payment system developed by Caltex. The e-payment system is part of a major e-procurement integration...
China to Focus on Economy Cars.(Brief Article)
July 1, 2001... The Automotive Aftermarket Industry Association has reported that China has issued a new 5-year plan for the development of its automotive industry. The country expects to focus on the production of economy cars over the length of the plan,...
Infineum Inaugurates Joint Venture Plant.(Shanghai High-Lube Additive Company Ltd.)(Brief Article)
July 1, 2001... Infineum has officially inaugurated Shanghai High-Lube Additives Company Ltd. in a ceremony held in Beijing in June. Shanghai High-Lube is a 50-50 joint venture with China Petroleum & Chemical Corp. (Sinopec). It will build a 20,000-mtpy lube...
BP Finds Buyer for Chemicals Divisions.(Brief Article)
July 1, 2001... BP Plc. has agreed to the sate of specialty chemicals business Foseco for 204 million [pounds sterling] ($280 million [U.S.]) in cash and assumed debt, in a management buyout backed by private equity firm Cinven. The Foseco unit came to BP with...
Infineum Restructures, Shifts Resources.(Brief Article)
July 1, 2001... Additives giant Infineum has announced that it is restructuring the company as part of a long-term strategy. The organization will be reshaped with three main objectives in mind: to increase customer focus, to develop new business opportunities...
Lubrizol Settles with Makers of Refrigeration Lubes.(Brief Article)
July 1, 2001... The Lubrizol Corp. has concluded agreements with Imperial Chemical Industries Plc. (ICI) and Cognis BV on matters of patent infringement and worldwide marketing of the companies' refrigeration Lubricants.
In a statement issued in Late June,...
Shamrock Opens European Office.(Shamrock Technologies Inc.)(Brief Article)
July 1, 2001... Shamrock Technologies, processor of micronized polytetrafluoroethylene (PTFE), has completed construction of its new 50,000-sq.-ft. European headquarters facility in Tongeren, Belgium. The new building houses corporate offices and production...
Cognis Signs on to Foster University Chair.(Brief Article)
July 1, 2001... Specialty chemicals company Cognis has signed a contract with the private business management school Wissenschaftliche Hochschule fur Unternehmensfuhurng (Koblenz, Germany) to provide financial support for the school's innovation and technology...
Argentine Distributor Joins Hoover Team.(Brief Article)
July 1, 2001... Ecotank SA has become the latest distributor to serve the Argentine market for Hoover Materials Handling Group. Headed by partners Hugo Putallaz and Tito Lekanter, the distribution company has earned an international reputation for its...
Muse Stancil Releases Latin American Market Study.(Brief Article)
July 1, 2001... Muse Stancil (Dallas) has released a new study profiling the development of the Lubricants market in Latin America over the next 5 years. The report examines economics, market structure, and strategic opportunities, including manufacturing...
Kaufman Holdings Moves Into Canada.(Brief Article)
July 1, 2001... Kaufman Holdings (Fords, NJ) has acquired the specialty industrial Lubricants business of Atofina Canada for an undisclosed sum. The business will operate as Anderol Canada, part of Kaufman's independently operated Anderol Lubricants business....
Variety Is the Catchword for Annual Meeting.(Brief Article)
July 1, 2001... Football great Mike Ditka. Author Stephanie Capparell. Lube executive Manfred Fuchs. Only at an Independent Lubricant Manufacturers Association (ILMA) meeting would you see a meeting of these minds. And where better to bring them together than...
Fall Meeting Meets E-Change Head On.(Brief Article)
July 1, 2001... The Petroleum Packaging Council (PPC) has put the finishing touches on its annual Fall Meeting (Toronto; Aug. 12-15). And in the long tradition of the council, it will tackle head on changes in the way packagers must do business. This time...
Education Opportunities Hit the Road.(Brief Article)
July 1, 2001... Last issue, we highlighted the changes that the Society of Tribologists and Lubrication Engineers (STLE) is making in order to bring its programs to your desktop (see June LW, page 12). But there is nothing like the experience of an STLE course...
FEELING THE PINCH.(lubricants industry review)
July 1, 2001... AS THE LUBRICANTS INDUSTRY TRENDS TOWARD FURTHER CONSOLIDATION, DISTRIBUTORS AND MID-SIZED LUBE MARKETERS ARE PARTICULARLY SQUEEZED. A CLEVER FEW, THOUGH, WILL FIND WAYS TO NOT CRACK UNDER THE STRAIN.
As the U.S. economy has cooled (for...
The Packager's Toolbox.(industry company information)
July 1, 2001... There are times in publishing when the available materials are just too big for the available space. Indeed, the 2001 Lubricants World Toolbox was beset with just that dilemma (see June 2001). One area that ran particularly long (relative to...
Engine Oils Face Both New Issues and Old.(industry review)
July 1, 2001... All things considered, it has been a pretty quiet summer, even in the area of engine oil development. As of July 1, the American Petroleum Institute (API) was issuing new SL licenses for passenger car oils. Too, the American Society for Testing...
Ashless Antioxidants Enhance Tomorrow's Engine Oils.
July 1, 2001... There's no shortage of ways to damage an engine. However, narrowing the focus to oil-related problems turns up deposit formation as one of the primary culprits. The arsenal of additives used by engine oil manufacturers to battle this perennial...
How to Avoid Becoming Media Road Kill.
July 1, 2001... Editor's Note: It is not in the nature of Lubricants World, or any other trade publication, to perform any role other than that of advocate for the industry it serves. However, news organizations operate differently. In light of the American...
Products Fill In for Discontinued Bearing Lubes.(Nye Lubricants)(Brief Article)
July 1, 2001... Nye Lubricants stocks replacement bearing oils and greases for Amoco Supermil A-72832, Chevron NRR (nuclear radiation-resistant) greases, Shell Dolium Grease R, Mobil 743A, and Exxon's Andok greases. In addition, Nye also recently introduced...
Heavy-Duty Fluid Handles Tough Machining Jobs.(Brief Article)
July 1, 2001... ITW Fluid Products Group has issued Accu-Lube LB-1100 for heavy-duty machining. The nonchlorinated extreme - pressure package makes it ideally suited for machining titanium, stamping with carbide dies, and heavy-duty machining of aluminum. It...
Multipurpose Grease Sprays and Stays Put.(CITGO Petroleum)(Brief Article)
July 1, 2001... Citgo Petroleum Corp.'s Mystik JT-6 Multi-Purpose Grease is specifically made to precisely penetrate hard-to-reach grease points on heavy-duty agricultural machinery chassis points, fifth wheels, and water pumps. It stays in place to provide a...
New SuperFlo Motor Oil Meets GF-3 Specs.(Brief Article)
July 1, 2001... Exxon SuperFlo premium motor oil, available in five multigrades and two straight grades, has been introduced in a new formula to deliver greater gas savings. The 5W-20, 5W-30, and 10W-30 viscosity grades contain advanced fuel efficiency...
Portable Spill Kit Cleans Up Economically.(Sorbent Products Company)(Brief Article)
July 1, 2001... Sorbent Products Co. has introduced the Economy Spill Kit, which contains 10 pads, two socks, gloves, instructions, and a disposal bag packaged together in a bright yellow PVC bag. The kit is portable and inexpensive, providing an instant...
Valves Match Machine Coolant Applications.(Lexair)(Brief Article)
July 1, 2001... Lexair offers a variety of two-way poppet valves that are ideal for machine tool coolant applications. Featuring B-61 naval bronze body construction with brass and stainless steel internal parts, the valves resist water and corrosion. Several...
Synthetic Oil Aims for European-Car Owners.(76 Lubricants Co.)(Brief Article)
July 1, 2001... 76 Lubricants Co. has expanded the sales of its 76 Pure Synthetic Motor Oil to the domestic U.S. market. Formulated for European cars, the oil is specifically approved and listed for BMW, Porsche, and Volkswagen and has been required for...
Drumming Up Safety in New Video.(EET Corp.)(Brief Article)
July 1, 2001... EET Corp.'s new safety training video, "Pressurized Drums, What Every Handler Should Know," illustrates the extremely violent reaction potential of pressurized 55-gallon mild steel, open-head drums. The video is targeted at drum handlers,...
Coolant Separator Gives Small Shops New Option.(Alfa Laval)(Brief Article)
July 1, 2001... The Alfie 200 from Alfa Laval is a small high-speed, direct-drive, disc-bowl separator that keeps coolants free from oil and bacteria. It mounts directly on the coolant tank and separates both oil residue and particles down to I micron. It can...
Ethyl Corp.(Brief Article)
July 1, 2001... Thomas Gottwald has assumed the offices of CEO and president of Ethyl Corp., effective June 1. He was previously president and COO. Gottwald also serves as a director and member of the company's executive committee.
Petroleum & Energy Practice.(Kline and Company)(Brief Article)
July 1, 2001... Consulting firm Kline & Company Inc. has announced the promotion of Geeta Agashe to the position of director in the company's Petroleum & Energy Practice. Agashe's responsibilities will include developing new business opportunities as well as...
Shamrock Technologies Inc.(Brief Article)
July 1, 2001... Shamrock Technologies Inc. has appointed Kurt Verstappen director of European operations at the company's newly constructed European headquarters in Tongeren, Belgium.
WD-40 Co.(Brief Article)
July 1, 2001... WD-40 Co. announced that John C. Adams Jr. and Neal E. Schmale have been appointed to its beard of directors. Adams formerly served as chairman and chief executive officer of AutoZone Inc. Schmale currently serves as executive vice president...
PetroTrends Inc.(Brief Article)
July 1, 2001... PetroTrends Inc. has named Wes L. Cosgriff vice president-Fuels and Lubricants. Cosgriff will be responsible for proprietary and multiclient consulting assignments in such downstream products as automotive and industrial lubricants, and...
ExxonMobil Lubricants & Specialties Co.(Brief Article)
July 1, 2001... Joseph R. Berkel has been named North American Commercial Vehicle Lubricants manager for ExxonMobil Lubricants & Specialties Co. His team will be responsible for sales, marketing, and technical support for customers involved in heavy-duty...
Infineum.(Brief Article)
July 1, 2001... Infineum has announced the appointment of Jeff Echols to its U.S. Northern Region sales team.
Probex Fluids Recovery Inc.
July 1, 2001... Michael S. Mosura has been named senior vice president and general manager of Probex Fluids Recovery Inc., which will provide used-oil collection services for Probex.
Hoover Materials Handling Group.
July 1, 2001... Hoover Materials Handling Group has named Douglas Richard Silverman marketing manager of its Asset Product Line and Rental Business.
International Lubricants Inc.
July 1, 2001... Mary Delano has joined International Lubricants Inc. as an account executive for the Professional Automotive Division, overseeing sales efforts and monitoring industry trends.
Smurfit-Stone Container Corp. Di-Na-Cal Label Group.
July 1, 2001... Terry Skiba of the Smurfit-Stone Container Corp. Di-Na-Cal Label Group has been named vice president and general manager.
Black & Veatch Corp.
July 1, 2001... Black & Veatch Corp. has appointed Dwane R. Stone president of the company's Process Division. Stone will lead Black & Veatch's process engineering business in petrochemical markets worldwide in the areas of natural gas processing, sulfur...
Verticore Technologies Inc.
July 1, 2001... Verticore Technologies Inc. has named Donald P. Mahoney a senior account executive for the Eastern United States.
Fuel Spot.
July 1, 2001... Fuel Spot has announced the following staff changes:
In its Houston office, Brian Rhodes and John Stevens have been named directors of sales. James Ireland is a regional sales manager. Lynne Justis is a sales operation assistant.
In...
INDUSTRY PRICE WATCH.
July 1, 2001...
Estimated Paraffinic Base Oil Prices(*)
July 2001
Viscosity Average Low-High
Light (70-150) 142 136-146
Medium (195-350) 145 140-151
Heavy (500-600) 153...