Petroleum products

Boeing Commits to Deliver Commercial Airplanes Ready to Fly on 100% Sustainable Fuels

Retrieved on: 
Friday, January 22, 2021

SEATTLE, Jan. 22, 2021 /PRNewswire/ -- Boeing (NYSE: BA)is setting an ambitious target to advance the long-term sustainability of commercial aviation, committing that its commercial airplanes are capable and certified to fly on 100% sustainable aviation fuels by 2030.

Key Points: 
  • SEATTLE, Jan. 22, 2021 /PRNewswire/ -- Boeing (NYSE: BA)is setting an ambitious target to advance the long-term sustainability of commercial aviation, committing that its commercial airplanes are capable and certified to fly on 100% sustainable aviation fuels by 2030.
  • Boeing has previously conducted successful test flights replacing petroleum jet fuel with 100% sustainable fuels to address the urgent challenge of climate change.
  • Today, sustainable aviation fuels are mixed directly with conventional jet fuel up to a 50/50 blend the maximum allowed under current fuel specifications.
  • In order to meet aviation's commitment for reducing carbon emissions by 50% from 2005 levels by 2050, airplanes need the capability to fly on 100% sustainable aviation fuels well before 2050.

Asian Lubricant Manufacturers Union Announces Name Change

Retrieved on: 
Friday, January 22, 2021

The Asian Lubricant Manufacturers Union (ALMU), a Singapore-based organisation that represents the interests of a broad range of lubricant industry businesses throughout Asia, today announced a new corporate name following approval by The Accounting and Corporate Regulatory Authority (ACRA).

Key Points: 
  • The Asian Lubricant Manufacturers Union (ALMU), a Singapore-based organisation that represents the interests of a broad range of lubricant industry businesses throughout Asia, today announced a new corporate name following approval by The Accounting and Corporate Regulatory Authority (ACRA).
  • ALMU will now be known as the Asian Lubricants Industry Association or ALIA.
  • The new name reflects the diverse membership of the trade association and more closely aligns with ALIAs ambition to become the trusted voice of the wider Asian lubricants industry.
  • Over the past three years, we have developed the platform for a united voice for the Asian lubricants industry.

India Industrial Lubricant Market Report 2020: Competition, Forecast & Opportunities, 2013-2027 - Market Stood at $1.54 Billion in 2019 and is Projected to Grow to $1.91 Billion by 2027

Retrieved on: 
Thursday, January 21, 2021

The Indian Industrial Lubricant Market stood at USD 1.54 billion in FY2019 and is projected to grow to USD 1.91 billion by FY2027, on the back of strong growth in construction & mining sectors across the country.

Key Points: 
  • The Indian Industrial Lubricant Market stood at USD 1.54 billion in FY2019 and is projected to grow to USD 1.91 billion by FY2027, on the back of strong growth in construction & mining sectors across the country.
  • Industrial lubricants find application in variety of end-user industries therefore, an extensive list of lubricants is available that include hydraulic oil, greases, gear oil, compressor oil, industrial engine oil, metal working fluids and bearing oil.
  • Among these, the hydraulic lubricants and machine lubricants dominate the market in FY2019 due to high demand in industrial and mining applications.
  • Moreover, textile industry is growing at a rapid pace, with new textile manufacturers entering into the market, thereby positively influencing the country's industrial lubricant market in coming years.

Valvoline to Report Financial Results for First Quarter 2021 on Feb. 3 and Host Webcast on Feb. 4

Retrieved on: 
Wednesday, January 20, 2021

The webcast and slide presentation will be available on the company's Investor Relations website at http://investors.valvoline.com .

Key Points: 
  • The webcast and slide presentation will be available on the company's Investor Relations website at http://investors.valvoline.com .
  • Shortly after the call concludes, a replay of the webcast will be available on this same website.
  • 2 chain by number of stores in the United States under the Valvoline Instant Oil ChangeSM brand and the No.
  • It also markets Valvoline lubricants and automotive chemicals, including Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex antifreeze.

International Maritime Organization (IMO) 2020 and its impact on the Oil and Gas Industry - 2020 Thematic Research Report - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 20, 2021

The "International Maritime Organization (IMO) 2020 and its impact on Oil and Gas Industry - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "International Maritime Organization (IMO) 2020 and its impact on Oil and Gas Industry - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
  • The International Maritime Organization (IMO) imposed a ban on marine fuels having sulfur content above 0.5% by weight, effective from January 1, 2020.
  • The IMO 2020 regulation was expected to cause considerable disruption in bunker fuel availability and cause oil prices to rise.
  • An overview of IMO 2020 as a theme within the oil and gas industry, encompassing refiners across different regions

Veeder-Root Introduces HydrX™ Fuel Conditioning System to Combat Corrosion

Retrieved on: 
Tuesday, January 19, 2021

Simsbury, CT, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Veeder-Root, a worldwide leader in fuel management technology, announced today the availability of their newest breakthrough, the HydrX Fuel Conditioning System, which is designed to combat in-tank corrosion in the harshest fueling environments.

Key Points: 
  • Simsbury, CT, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Veeder-Root, a worldwide leader in fuel management technology, announced today the availability of their newest breakthrough, the HydrX Fuel Conditioning System, which is designed to combat in-tank corrosion in the harshest fueling environments.
  • In-tank corrosion has been a significant challenge in the retail fueling industry for over a decade, as corrosion causes fuel degradation, limited fuel flow rates, and premature equipment breakdown.
  • The HydrX Fuel Conditioning System provides continuous water removal within diesel underground storage tanks.
  • Key Features of the HydrX Fuel Conditioning System include:
    Removes standing water from the lowest point of the tank and entrained water in the fuel.

Global Industrial Wax Markets, 2021-2025: Candles, Packaging, Coatings & Polishes, Hot-melt Adhesives, Tires & Rubber, Cosmetics & Personal Care, Food - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 19, 2021

The "Industrial Wax Market by Type (Fossil-based wax, Synthetic wax, Bio-Based wax), Application(Candles, Packaging, Coatings & Polishes, Hot-melt Adhesives, Tires & Rubber, Cosmetics & Personal Care, Food), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Industrial Wax Market by Type (Fossil-based wax, Synthetic wax, Bio-Based wax), Application(Candles, Packaging, Coatings & Polishes, Hot-melt Adhesives, Tires & Rubber, Cosmetics & Personal Care, Food), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The Industrial wax market was USD 7.3 billion in 2020 and is projected to reach USD 8.9 billion by 2025, at a CAGR of 4% from 2020.
  • Beeswax, candelilla, carnauba, and paraffin waxes are among the most commonly used industrial wax for cosmetics applications.
  • Candles are primarily made from microcrystalline wax, beeswax, and plant wax such as carnauba, soybean, and bayberry wax).

Liquidity Services to Sell Two Hydrocracker Reactors stored at Busan, South Korea on its Online Marketplace AllSurplus.com

Retrieved on: 
Thursday, January 14, 2021

The reactors, which have been stored under nitrogen purge, will be sold through Liquidity Services newest online auction marketplace, AllSurplus.com , and is open for bidding starting January 13, 2021.

Key Points: 
  • The reactors, which have been stored under nitrogen purge, will be sold through Liquidity Services newest online auction marketplace, AllSurplus.com , and is open for bidding starting January 13, 2021.
  • The Hydrocracker Reactors are used to produce salable products such as Jet Fuel, Diesel Fuel, Gasoline, Kerosene and Naphtha.
  • AllSurplus buyers have direct access to all the surplus assets across Liquidity Services network of marketplaces in one centralized location.
  • The company employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government sellers.

Diesel Forward® Expands Traditional Fuel System Components Offering

Retrieved on: 
Thursday, January 14, 2021

WINDSOR, Wis., Jan. 14, 2021 /PRNewswire/ --Diesel Forward expands its leadership in diesel fuel systems by increasing its repair parts offering with acquisition of DIPACO.

Key Points: 
  • WINDSOR, Wis., Jan. 14, 2021 /PRNewswire/ --Diesel Forward expands its leadership in diesel fuel systems by increasing its repair parts offering with acquisition of DIPACO.
  • With this acquisition, Diesel Forward will expand its fuel system product line by offering 1,000+ additional SKUs of traditional fuel repair components and kits.
  • Diesel Forward has the most comprehensive offering new and remanufactured fuel system and engine components for light, medium and heavy duty, and off-highway applications.
  • Diesel Forward, Inc., is the nation's leading provider of aftermarket diesel engine fuel systems and technical components for light, medium and heavy-duty, and off highway vehicles and equipment.

Valvoline Leads Packaging Innovation with Launch of FlexFill

Retrieved on: 
Monday, January 11, 2021

LEXINGTON, Ky., Jan. 11, 2021 /PRNewswire/ --Valvoline Inc.(NYSE: VVV), a U.S.-based, leading worldwide supplier of premium branded lubricants and automotive services, announced today the retail launch of its newest gear-oil packaging innovation, FlexFillTM.

Key Points: 
  • LEXINGTON, Ky., Jan. 11, 2021 /PRNewswire/ --Valvoline Inc.(NYSE: VVV), a U.S.-based, leading worldwide supplier of premium branded lubricants and automotive services, announced today the retail launch of its newest gear-oil packaging innovation, FlexFillTM.
  • "At Valvoline, we strive to make vehicle care easy through both superior product engineering and innovative product packaging," said Heidi Matheys,Valvoline chief marketing officer.
  • Historically, synthetic gear-oil packaging has consisted of hard plastic that is difficult to maneuver in an automobile's undercarriage resulting in unused product per bottle.
  • It also markets Valvoline lubricants and automotive chemicals, including Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex antifreeze.