Jobbers World Online News Briefs is a service to
Subscribers to the Jobbers World Newsletter.
MAXUM PETROLEUM ACQUIRES PETROLEUM PRODUCTS |
Maxum Petroleum, Inc. today announced the
acquisition of
Petroleum Products, Inc. and two affiliated
companies, Petroleum Transport, Inc., and
Petroleum
Fueling, Inc., (collectively, "Petroleum
Products"). Headquartered in Charleston, West
Virginia,
Petroleum Products was founded in 1938 and is
the leading supplier of fuels, lubricants,
and relatedvalue-added services to industrial
and coal mining operations in the Central
Appalachia region with sales of over $320
million. Petroleum Products operates nine
warehouse and bulk plant facilities, and
services customers in West Virginia, eastern
Kentucky, south central Ohio, and
southwestern Virginia.
Maxum Petroleum (previously named Global
Petroleum, Inc.) was formed in 2006 by its
parent, SPI Petroleum LLC, to continue the
consolidation of the fragmented commercial
fuel and lubricant distribution industry, as
begun by SPI Petroleum in 2004. Maxum
Petroleum is the leading independent
petroleum marketer in the country, providing
a comprehensive fuel and lubricant offering
to commercial and industrial industries
nationally. Petroleum Products will operate
as a wholly-owned subsidiary of Maxum
Petroleum, and will continue to market and
operate under the Petroleum Products brands.
The entire management team of Petroleum
Products, including its President and
previous owner, Pat Graney, will continue in
their current roles.
|
Castrol Industrial Introduces New Industrial Lubricants and Fluids |
Castrol Industrial North America Inc.
("Castrol Industrial") announced that they
are leveraging their global market reach to
bring customers the "best selection of
products from their extensive global product
range." As such, they are establishing a
Global Core Range of industrial lubricants
and fluids that will be available in all key
markets across the globe over the next 12-18
months.
Castrol believes that this step can improve
its operational capabilities and ensure
back-up supply options that will better serve
its customers.
- Standardized products across regions
- Streamline and expert product
technologies
- More innovative and compliant products
that meet stringent HSE regulations from all
around the globe
- Additional machinery and tool
manufacturers product approvals
- Deeper and broader application expertise
from an enlarged global database of similiar
applications
- Enhance security of supply from global
sourcing and manufacturing reach
The Castrol Global Core Range (GCR) of
products is a subset of all Castrol
Industrial products currently available in
world. The rollout of global products new to
the Americas region has already begun and
will continue over the next months until
complete.
According to Castrol Industrial, the GCR
products will have "singular formulations and
will be consistent in performance and
availability across the globe in all markets."
|
ARG Announces Partial Synthetic 0W-30 Racing Oil |
American Refining Group (ARG) announced the
addition of Partial Synthetic SAE 0W-30
Racing Oil to its line of Brad Penn, Penn
Grade, "The Green Oil" Racing Oils.
According to ARG, this new partial synthetic
is a "high performance, low viscosity racing
oil, tailored to maximize horsepower in
racing engine." They add that "it contains a
strong detergent and dispersant and ZDDP
antiwear additive package to help protect
critical engine parts from deposits and wear
in highly stressed racing engines." Moreover,
the say the synthetic component of the racing
engine oil enhances protection afforded at
high and low temperature extremes.
As readers of Jobbers World may recall, in a
market research study by Petroleum Trends
International, ARG was ranked as one of the
leading major oil companies in the US market
when nearly 200 lubricant distributors were
surveyed on 48 key business issues considered
important to them when doing business with
the majors. ARG ranked particularly high in
such areas as operational efficiency, pricing
policies, credit issues/resolution, lead
time, completeness of orders, frequency of
sales calls, and return policy. In addition,
lubricant distributors say ARG's management
team is very accessible and responsive and
they really seam to appreciate their business.
Petroleum Trends is now conducting interviews
for the second edition of its study,
Lubricant Supplier- Distributor Relations,
2007.
This study, which is due to be released at
the end of 2007, is designed specifically to
assist major oil companies to better serve
their valued channel partners.
|
Cortec Grows its Biolube Line |
Cortec Corporations introduces an All Purpose
lubricant to its line of biodegradeable
products derived from soybeans.
According to Cortec, this bio-based formula
can directly replace traditional petroleum
based lubricants. They say it "combines
Cortec's unique Vapor phase Corrosion
Inhibitor (VpCI) technology and a superior
lubricating package designed with the latest
in friction modifiers and extreme pressure
additives. Metal seeking molecules provide
multi-metal corrosion protection, sealing
against moisture and air. BioLube penetrates
rapidly, displaces moisture, provides
complete corrosion protection for up to a
year, and contains no CFCs, which deplete the
ozone, making BioLube a more environmentally
responsible choice.
When compared to conventional lubricating
products, BioLube offers superior corrosion
protection, is biodegradable, and safe to
use. It is recommended for use in a wide
variety of applications including mold
release, a general-purpose lubricant, and
preservative oil for corrosion prevention.
In addition, the nature of the soybean oil
used to formulate BioLube gives it excellent
penetrating properties, useful in loosening
frozen nuts and bolts.
BioLube can be used for industrial, shop, or
home use; it can be used indoors or outdoors
and will not harm most plastics.
|
|
Publisher |
|
|