CITGO Petroleum and CAM2 sign on as Platinum Sponsors of the Petroleum Quality Institute of America |
METUCHEN, NJ, April 8 --The Petroleum Quality
Institute of America (PQIA) announced today
that CITGO Petroleum and CAM2
have signed on
as Platinum Sponsors to the Petroleum Quality
Institute of America.
Along with CITGO's commitment as a
Platinum
Sponsor, David Kunkel, Manager - Marketing
and Product Management for CITGO
Petroleum,
told PQIA "All of us have a stake in helping to
ensure the continued consistent quality of
finished lubricants in the marketplace. We
appreciate your efforts in coming forward and
leading this initiative."
Garry Rooney, Senior VP, Special Projects and
Opportunity Development with CAM2 shared
similar views when he said "We are excited to
work with the PQIA organization in its
attempt to bring integrity, clarity, and
sanity to the lubricants marketplace."
PQIA welcomes the Sponsorship of CITGO and
CAM2, in joining Warren Oil as
Platinum Level
Sponsors. "We are pleased to have
CITGO and
CAM2 as new Platinum Sponsors and
we welcome
their interest in supporting PQIA's efforts
to serve consumers and commercial and
industrial lubricants end users (their
customer's) through education, testing, and
reporting on the quality and integrity of
lubricants in the market," says Thomas Glenn,
president of PQIA. Glenn adds, "We are
encouraged by the support of Warren Oil,
CITGO, and CAM2, we encourage
other lubricant
manufacturers, marketers, and other industry
stakeholders to join in our efforts to help
ensure the quality of lubricants in the market."
Glenn also noted that the test results on the
latest batch of products examined by PQIA are
in and will be made available on the PQIA
website later next week.
About The Petroleum Quality Institute of
America:
The Petroleum Quality Institute of America is
an independent resource for information and
insights on the quality and performance of
lubricants in the marketplace. The
institute's mission is to serve the consumer
of lubricants by reporting on the quality and
integrity of lubricants in the marketplace.
|
Lubricant Sales Up in March |
A significant number of marketers
JobbersWorld speaks with say lubricant sales
took a surprising and welcomed jump in March.
Whereas the increase may not signal a
recovery, many say they are hopeful the
recession driven declines in demand seen over
the past 2 years has run its course. In the
words of one marketer, "a spring thaw in
lubricant demand may be underway."
At the same time, most marketers remain
cautiously optimistic because most of the
increases in demand came from the consumer
automotive side of the business. This
includes demand by fast lubes, new car
dealers, and retail outlets. Historically
these segments typically do better in the
spring.
Although there was an up tick in demand in
the commercial and industrial segments of the
business, it was far less pronounced and
somewhat less encouraging than marketers
report in the consumer automotive segment.
|
Chevron's Reorganization has Marketers Sitting on the Edge of Their Chairs. |
As reported in the January 19th issue of
JobbersWorld, Chevron Corp. announced it
plans to shrink its refining business in a
move that will cut jobs throughout the
company. And according to Chevron's spokesman
Lloyd Avram, Chevron's refining business will
be "a less complex and smaller organization
that will require fewer positions,"
From what JobbersWorld is hearing, the impact
of the "less complex smaller organization" on
Chevron's marketers will be assessed in
the upcoming weeks following what its
marketers anticipate
will be announcements made by Chevron in the
next two weeks about
changes to its lubricants business. And in
their view,
Chevron's reorganization will likely prove to
be the biggest they have seen in decades.
Because of this, many marketers are asking the
same questions.
The first is, "How will the
reorganization impact the number of
marketers Chevron does business with?" Although
Chevron has made no secret about its efforts
to rationalize marketers, many wonder if the
new organization will work to accelerate the
process.
A second question commonly asked is "Will the
Chevron managers we have been working with for
years still have a position in the new
organization?" And if not, "Will pushing
restart on these relationships (in many
cases long and strong relationships) help or
hurt the
organization and its marketer's
interactions/relationships with Chevron?"
Until these and other questions about
Chevron's reorganization are answered, some
marketers say are in a holding pattern with
regards to their commitment to Chevron.
Like many Chevron marketers, JobbersWorld is
also sitting on the edge of its chair waiting
to hear about and report on the details of
Chevron's reorganization and what it means
for Chevron and its marketers. Stay tuned, we
will keep
you posted.
|
ExxonMobil Chemical Makes Alkylated Naphthalene Synesstic(TM) Basestock Fluid Available for Incidental Food Contact Applications |
ExxonMobil Chemical announced that their
Synesstic(TM) Alkylated Naphthalene (AN)
Basestock Fluids product line is now
available for use as lubricant basestock
fluids with incidental food contact.
The Food and Drug Administration (FDA)
approved the Food Contact Notification
filings, FCN 915 and 899, associated with the
two Synesstic(TM) AN basestock fluids grades
5 cSt and 12 cSt respectively. In addition,
Synesstic(TM) AN basestock fluids are HX-1
National Sanitation Foundation (NSF) registered.
To learn more, visit
www.exxonmobilsynthetics.com
|
Contact Us With Your News |
JobbersWorld is all about issues impacting
lubricant distributors. You are our primary
audience and you are the ones we need to hear
from. What's on your mind? What issues would
you like to see us tackle? And what news
would you like others to know about?
- News
- Mergers and acquisitions
- Promotions
- New products
- Classified
We reach out to nearly 10,000 participants in
the lubricant distribution supply chain once
or twice a week (depending on what's NEWS)
and we tell it like it is.
Please contact us via e-mail at
tom_glenn@jobbersworld.com, or direct at
732-494-0405.
Copyright © 2010 Petroleum Trends
International, Inc.
|
|
|