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Jobbers World Online News Briefs is a service to Subscribers
to the Jobbers World Newsletter.
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MAXUM PETROLEUM ACQUIRES PETROLEUM PRODUCTS |
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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.
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Castrol Industrial Introduces New Industrial
Lubricants and Fluids |
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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."
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ARG Announces Partial Synthetic 0W-30 Racing Oil |
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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.
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Cortec Grows its Biolube Line |
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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.
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