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CITGO Petroleum and CAM2 sign on as Platinum
Sponsors of the Petroleum Quality Institute of
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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.
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Lubricant Sales Up in March |
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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.
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Chevron's Reorganization has Marketers Sitting on
the Edge of Their Chairs. |
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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.
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ExxonMobil Chemical Makes Alkylated Naphthalene
Synesstic(TM) Basestock Fluid Available for
Incidental Food Contact Applications |
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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
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Contact Us With Your News |
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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?
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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.
Thank you
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