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ARCHIVES

 

January 16, 2014 

Thwaites and Vintage Acquire Ownership of LSC

   

December 18, 2013

- Western Marketing Achieves Highest Chevron Lubricant Recognition- - Winning the Eagle Award Two Consecutive Years Running

 

- News12 Presents an Eye Opening, Three Part Series about Bad Motor Oils on Shelves

 

  

December 12, 2013  

- News12 Presents an Eye Opening, Three Part Series about Bad Motor Oils on Shelves

 

 

December 10, 2013

- Calumet Specialty Products Partners, L.P. Acquires Bel-Ray Company, Inc.

- Retail Prices Can be Telling

 

 

12/6/2013

- Retail Prices Can be Telling

- Chevron Announces October 2013 Inductees to the Delo Sponsored Million Mile Club  

 

 

11/5/2013

- Warren Oil Start Up New Grease Plant

- Heritage-Crystal Clean, Inc. Announces the Acquisition of Used Oil Collection Service Territories in the Great Lakes Region

- Mobil 1 Proves Performance with Live Engine Teardown 

 

 

10/8/2013

- Michigan Orders Another Bad Motor Oil off Its Shelves

 

9/17/2013

- Clean Harbors Announces Acquisition of Evergreen Oil

- Michigan Takes Action to Protect Car Owners From Bad Oil. Orders City Star/Star Petroleum Motor Oils and ATFs off the Shelves!

 

9/3/2013

- More Prices Increases; Price Increase Summary

 

8/20/2013

- Shell Announces Lubricant Price Increase 

- Chevron Recognizes Glockner Oil Company for Strong Lubricant Sales Performance 

 

6/25/2013

- GH Berlin - Windward Acquires Industrial and Commercial Lubricants Business of the Sandri Companies

  

6/14/2013

- Valvoline Partners with Badger Lubrication Technologies

 

- CITGO� Lubricants Receives GE Jenbacher Approval for Pacemaker� GEO LFG LA 40

 

6/7/2013

5/23/2013

5/14/2013

4/24/2013

4/11/2013

4/4/2013

4/2/2013

3/25/2013

3/12/2013

3/6/2013

3/4/2013

2/12/2013

1/22/2013

1/15/2013

1/14/2013

1/14/2013

1/9/2013

1/2/2013

1/2/2013


  





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JobbersWorld Reaches Out to Over 10,000 Professionals in the Lubricants Business

Click here to learn More or call 732-910-0017

 

January 28, 2014

JOBBERSWORLD...MARKET INTELLIGENCE FOR INTELLIGENT MARKETERS...          

                          

Eastman to Acquire Aviation Turbine Oil Business from BP

Acquisition will enable company to expand fluids product offerings to the aviation market

 

 

 

Eastman Chemical Company today announced that it has entered into a definitive agreement to acquire the assets of BP's global aviation turbine engine oil business, with annual revenues of approximately $100 million.  The acquisition includes a production facility in Linden, NJ, specialized laboratory equipment located in Naperville, IL, and a long-term supply agreement for products related to the acquired business that BP will use to serve industrial markets.

 

When added to its Skydrol� aviation hydraulic fluids, the acquired fluids product portfolio is expected to enable Eastman to better meet the global aviation industry's needs. Subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions, the acquisition is expected to be completed in the second quarter of 2014. Terms of the transaction were not disclosed.

 

"With the acquisition of BP's global aviation turbine oil business, Eastman will gain a growing and profitable specialty chemical business that aligns well with our existing product offerings," said Ron Lindsay, chief operating officer.  "This acquisition is consistent with our objective of consistent superior value through disciplined capital allocation including bolt-on acquisitions."

 

The acquisition is expected to be accretive to Eastman's full-year 2014 earnings excluding acquisition-related costs and charges.  Following the completion of the transaction, the aviation turbine oil business will become part of Eastman's Specialty Fluids & Intermediates segment.

 

Moelis & Company is acting as exclusive financial advisor and Jones Day is serving as legal counsel for Eastman on this transaction.

 

JobbersWorld Note: BP is a major supplier of synthetic aviation turbine oils to commercial airlines, and Skydrol is the largest selling brand of synthetic hydraulic fluid to the same industry. 


For more information about Eastman, visit www.eastman.com


 

Silogram Lubricants Files Lawsuit Against Former Employees and Others

 

 

Silogram Lubricants, an independent lubricant manufacturer with operations in Bayonne, NJ, filed a lawsuit against Stevan Jospey, Luis Lebron, Encore Petroleum and a number of others on January 6, 2014 in the New York Southern District Court.    

 

The complaint alleges violation of the Lanham Act; including trademark/tradename infringement, misappropriation of trade secrets, tortious interference with business relations, aiding and abetting fraud and fiduciary duties, breach of contract, and a number of others allegations. 

 

Silogram's action seeks to remedy what it alleges is criminal activity and civil torts by the defendants aimed at stealing all the value from Silogram and ultimately destroying the company.  

 

Related:

    

IPAC Names Lorenzo Napoleoni as Sales and Marketing Representative for Europe, Israel and South Africa AND Steve Cereghino as its New Assistant Product Manager
IPAC announced the appointment of Lorenzo Napoleoni as its sales representative, effective January 1, 2013, with both sales representation and technical support responsibilities in Europe, Israel and South Africa. He will be based in the Principality of Monaco.

Lorenzo Napoleoni received his education and graduation in Italy. With a large experience in the lubricant's blending and production, after many years in the downstream area he moved to Monaco, where he enlarged his business in the supply chain of the Petrochemical's industry. With his vast background in the worldwide market research and business development, he brings to IPAC a great experience and drive for sales and marketing at an international level, in order to realize the Company's project of an International global presence.

In Addition..

IPAC welcomed Steve Cereghino as its new assistant product manager, effective November 18, 2013, assisting IPAC in its product development, operations, inventory management and marketing and sales. Steve will be based in the home office in Dublin, CA.

Steve Cereghino, a native of the Bay Area, graduated from California State University, Northridge in May of 2013, receiving his Bachelors in public relations, as well as a Minor in finance. Steve's extensive experience developing marketing tactics and managing social media channels, which will help IPAC expand in the market and improve communication with its consumer base.

IPAC is a full service additive manufacturing and sales company based in Dublin, California with manufacturing locations in Illinois, Louisiana, Texas and California.
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