2011-10-27
Environmental
records for
Sunoco
(from wikipedia)
Among oil
corporations,
Sunoco is listed
as the most
environmentally
responsible in
the latest
version of the
Sierra Club's
Updated
Environmentalist's
Guide to
Gasoline. Sunoco
is also the only
oil company to
sign the
Coalition for
Environmentally
Responsible
Economies
(CERES)
principal and as
part of this
agreement,
Sunoco has made
all of its
environmental
activities—both
successes and
failures—publicly
available.
News 2011-july 2.
Momentive Achieves Global ISO 9001:2008
Certification
Momentive Performance Materials received Global International
Organization for Standardization
(ISO) 9001:2008 Certification for all 26 of the company’s
locations world wide from DQS UL Management Systems Solutions in
June 2010.
ISO 9001:2008 is the internationally recognized quality
management system that ensures a company’s customers can count
on a consistent level of quality products. The system documents
all of the important steps needed to deliver that quality, from
the initial design stage all the way through final delivery and
support of the product. Regular re-certification by a qualified
registrar ensures that the quality system remains in place and
is effective.
Adopted in 1987 by the International Organization for
Standardization in Geneva, Switzerland, the ISO quality system
was developed to establish an internationally recognized
standard of quality. Recognized in more than 150 countries, the
ISO 9001:2008 standard places a strong emphasis on customer
satisfaction, management responsibility, continual improvement,
and organizational performance measurement.
All Momentive sites worldwide will now operate under one
global quality manual. Global ISO 9001: 2008 Certification
requires one-third of Momentive’s sites to undergo an external
audit annually. All sites are subject to at least one external
audit every three years by DQS UL.
“Momentive is committed to providing our customers with high
quality products and service excellence,” said Jonathan D. Rich,
President and CEO. “To meet this goal, our company has achieved
and will maintain the ISO 9001:2008 Certification. In achieving
this prestigious certification, Momentive joins other word-class,
global companies such as 3M, Boeing, Dow, HP and Siemens who
have successfully attained this global ISO certification.”
“Effective quality management is indispensable,” said
Granville Betton, Momentive’s Global Quality Leader. “Our
customers want to be confident that they are doing business with
a company that can meet or exceed their requirements in a timely
manner. Our ISO 9001:2008 certification gives our customers
added confidence. It further demonstrates the organization’s
commitment to quality-of-service standards established by the
International Organization for Standardization (ISO).”
“The initial decision to seek ISO 9001:2008 certification was
taken to address potential quality requirements from new and
existing customers,” explains Betton. “The certification process,
however, has also helped us to formalize the company’s internal
procedures, improve our quality processes and attain cost
efficiencies.”
About ISO
The International Organization for Standardization,
www.iso.org, based in Geneva, Switzerland, is the source of the
ISO 9000 and ISO 14000 families of quality and environmental
management standards, respectively, and some 15,000
International Standards for business, government, and society.
ISO is a network of national standards institutes from 146
countries working in partnership with international
organizations, governments, industry, business and consumer
representatives.
ISO 9001:2008 is an internationally recognized quality
management standard. The standard focuses on defining customer
quality requirements, use of data to analyze the processes,
meeting applicable customer and regulatory requirements,
enhancing customer satisfaction and
30-09-3009
Ny Heavy Duty motorolie Fuldsyntetisk
5W40 til Lastvogne, busser og entreprenør materiel samt stationære maskiner.
Sunoco HD Atlas
HPD 5W40
Petronas Lubricants Belgium NV introduces
the new flagship of fully synthetic motor oil for
trucks, busses and stationary equipments the Sunoco
Heavy Duty Atlas HPD 5W40.
This
new Sunoco Heavy Duty Atlas HPD 5W40 meets and
exceeds the latest API, ACEA and OEM engine oil
specifications.
Sunoco Heavy Duty Atlas HPD 5W40 can be used in all
high performance four stroke diesel engines
operating on low sulphur diesel fuel (<0.05 % mass)
and under severe heavy duty conditions. Extended oil
drain intervals, as indicated by the OEM for high
quality diesel engine oils, can be applied.
The diesel engines may be normally aspirated,
turbo-charged or super-charged, with or without
inter-cooling and fitted in commercial vehicles or
off-highway equipment.
Benefits of the Sunoco Heavy Duty Atlas HPD 5W40:
Best possible dispersancy through highly
effective additive technology.
Greatest protection against deposits and
soot EGR induced (valve train) wear.
Best effective use of TBN to neutralise
extra EGR related acid.
Low sulphated ash and low sulphur content
formulation.
Limited phosphorus content for maintaining
exhaust catalytic reduction efficiency.
Improved fuel economy over SAE 10W40 and
15W40 engine oils.
Superior soot busting and viscosity control.
Excellent oil consumption control and
extended drain performance.
All-weather operability.
The Sunoco Heavy Duty Atlas HPD 5W40 meets the
below mentioned specifications:
- API CJ-4 / CI-4(-Plus) / CH-4 / CG-4 / CF-4 / CF /
SM
- ACEA E9 / E7
- GLOBAL DHD-1
- JASO DH-2
- Caterpillar ECF-2 / ECF-3
- CUMMINS CES 20081
- Mack EO-O / N / M (Premium Plus)
- MAN M3275
- MB 228.3 / 228.31
- MTU Type I / II
- Renault RLD-3 (Volvo 417-0001)
- Volvo VDS-4
26.09.2009
Synturo Crown 5W20
Den første 5W20 olie i Sunoco programmet i Europa SM for benzin og
ILSAC GF-3 & GF-4 1,1 -2,3 %
Sunoco’s premium advanced motor oils
designed to lubricate today’s gasoline-fueled
passenger cars, vans, SUVs and light duty truck
engines.
Synturo
Crown 5W20 is manufactured starting from exrtremely
pure high quality synthetic base oils. In
combination with leading-edge additive technology,
the oil delivers exceptional resistance to thermal
breakdown, delivers outstanding low temperature
fluidity and excellent engine protection against
wear and deposit formation under the most severe
driving conditions.
The oil is specially formulated to exceed the
latest API Service Classification, API SM for
gasoline service as well as the so-called ILSAC GF-4
criteria.
Synturo Crown 5W20 is recommended for year-round
use in gasoline, LPG and compressed natural gas (CNG)
fed engines. It meets the new car manufacturers’
warranty requirements for North American, some
European, and some Asian vehicles where an ILSAC
GF-4 and/or API SM engine oil is recommended. The
oil is back serviceable where ILSAC GF-3 or API SL
engine oils are recommended and is approved against
the Ford service fill specification WSS-M2C930-A.
and meets the GM 6094M specification.
Last but not least, friction reducers in Sunoco
Synturo Crown 5W20 can save between 1.1 to 2.3% in
gasoline consumption compared to a motor oil without
friction reducers, and as such exceed the API’s
latest “Energy Conserving” ratings.
25.09.2009
Nitro+ 70
Racing med Nitrometan eller methanol Top Fuel
Dragster
Nitro+ 70
is the most recommeded
lubricant for use in the
super charged engines of
Top Fuel Dragsters, Top
Fuel Funny Cars and
other extreme racing
applications were the
engine is subjected high
cylinder pressure, most
elevated bearing loads
and extreme torque.
Nitro+ 70
is specifically designed
for nitromethane or
methanol fueled racing
engines, experiencing
extreme load, torque and
high temperature
conditions. It contains
antiwear and extreme
pressure additives to
help protect the engine
in extremely hostile
applications.
The high initial
viscosity and film
strength of the oil
allows to withstand the
occuring fuel dilutions
while maintaining
superior it’s superior
lubricating properties.
The additives used in
Nitro+ 70,
give the oil exceptional
dispersancy, that helps
to withstand the high
levels of fuel dilution
that will occur,
superior antiwear and
the required extreme
pressure properties.
Mere information hos
Reinhard Oil
smøremdidel Specialisten
telefon + 45 70 26 70
07.
20-09-2009
Ny Fuldsyntetisk Multi
Vehicle ATF fra Sunoco
Sunamatic ATF S168 is a very
high performing synthetic
automatic transmission fluid,
offering all needed fluid
properties needed by the mayor
European, Asian and American
automatic transmissions.
Sunamatic ATF S168 is specially
formulated to give the needed
protection over a long-life
fluid, providing excellent
oxidation and shear stability,
outstanding wear protection,
exceptional low temperature
fluidity and frictional
stability
Sunamatic ATF S168 can be
applied where the following
specifications are recommended:
The
product is not suitable for CVT
and DCT transmissions or when a
non-friction modified fluid is
recommended.
Holly Corporation Press Release
Holly Corporation Announces
Definitive Agreement to Acquire Sunoco’s Tulsa Refinery
4/16/2009
Dallas, Texas– Holly Corporation (NYSE:HOC)
(“Holly”) announced today that Holly Refining &
Marketing – Mid-Con, L.L.C. (“HRMM”), a wholly owned
subsidiary, and Sunoco Inc. (R&M) (NYSE:SUN) (“Sunoco”)
have entered into a definitive agreement under which
HRMM will purchase Sunoco’s 85,000 barrel per day (BPD)
Tulsa refinery and associated businesses.
Under the terms of the agreement, HRMM will pay Sunoco
$65 million at closing for the refinery. The transaction
will also include inventory which will be valued at
market prices at closing. Holly will also receive as
part of the acquisition an assignment of the Sunoco
specialty lubricant product trademarks in North America
and a license to use the same in Central and South
America. The transaction, which is expected to close by
June 1, 2009, is subject to approval by certain
regulatory agencies as well as other usual and customary
closing conditions.
Matt Clifton, Chairman of the Board and Chief Executive
Officer of Holly, said, “We are extremely excited about
acquiring this complex refinery and its specialty
lubricant products business. In addition to a very
attractive price, the Tulsa acquisition provides Holly
with added asset, geographic, and product diversity. The
Tulsa refinery produces an industry-recognized portfolio
of specialty lube oils, process oils and waxes, as well
as transportation fuels. The talented Tulsa employees
and the specialty lubricant products management team who
will be joining Holly have done a great job optimizing
the capabilities of the facility. By leveraging the
respected Sunoco specialty lubricant product trademarks
and formulations, the facility has consistently realized
very strong gross margins on these specialty lubricant
products. This strength in specialty lubricant products,
together with an approximate 40 percent yield of diesel
and jet fuel and the bottoms upgrading capabilities of
the plant’s coker, has allowed the overall operation to
deliver attractive gross margins and solid financial
results. The facility’s proximity to and direct pipeline
connection from the Cushing, Oklahoma crude oil hub
combined with its ability to deliver directly into
Burlington Northern’s Tulsa railroad yard and Magellan’s
pipeline system, allows the facility to competitively
supply transportation fuels to a number of attractive
mid-continent markets. We would like to thank the many
public officials in the state of Oklahoma and the city
of Tulsa for their efforts in supporting this
transaction.”
Clifton added, “Holly plans to construct a new diesel
desulfurizer and associated equipment at the Tulsa
refinery by the end of 2011. This addition will allow
the facility to produce all of its diesel fuel as ultra
low sulfur diesel. We estimate the cost of the project,
which will be expended primarily in 2010 and 2011, to be
approximately $150 million. By replicating similar
projects just completed at Holly’s two existing
refineries, we are confident that we can execute this
project in a very cost-effective and efficient manner.
We view this acquisition as an attractive addition to
Holly’s facilities in New Mexico and Utah, increasing
Holly’s overall refining capacity by over 60% to 216,000
BPSD while adding the Mid-continent to our existing
Rocky Mountain and Southwest markets. The Tulsa
acquisition, at its attractive purchase price, adds a
significant potential income producing contributor to
our profitable and recently upgraded refineries while
maintaining our strong balance sheet. We are confident
that this transaction will create significant value for
Holly shareholders.”
Holly anticipates that the transaction, the purchase of
inventory and associated future capital spending will be
funded from cash on hand, cash generated from operations
and from the company’s recently expanded $300 million
revolving credit facility.
Holly has scheduled a conference call for Thursday,
April 16, 2009 at 10:00 AM Eastern Time to present
additional information regarding this acquisition.
Listeners may access this call by dialing (888)
548-4639. The ID# for this call is 95758763. For those
who would like to listen to this call via the internet,
you may access the call at http://www.videonewswire.com/event.asp?id=57925
Holly will also post a series of presentation slides on
its website with additional detail regarding this
transaction. These slides can be accessed approximately
one hour prior to the conference call and webcast, and
can be accessed at www.hollycorp.com. The slides will be
posted on the Investors page, in the Conferences &
Presentations section, which can be accessed by
selecting “Investors” at the top of the home page.
Additionally, listeners may replay this call
approximately two hours after the call concludes by
dialing (800) 642-1687. This audio archive will be
available via phone or through the internet until April
30, 2009.
About Holly Corporation
Holly Corporation, headquartered in Dallas, Texas, is an
independent petroleum refiner and marketer that produces
high value light products such as gasoline, diesel fuel
and jet fuel. Holly operates through its subsidiaries a
100,000 barrel per day (“bpd”) refinery located in
Artesia, New Mexico and a 31,000 bpd refinery in Woods
Cross, Utah. Holly also owns a 46% interest (including
the general partner interest) in Holly Energy Partners,
L.P.
The following is a “safe harbor” statement under the
Private Securities Litigation Reform Act of 1995: The
statements in this press release relating to matters
that are not historical facts are “forward-looking
statements” based on management’s beliefs and
assumptions using currently available information and
expectations as of the date hereof, are not guarantees
of future performance and involve certain risks and
uncertainties, including those contained in our filings
with the Securities and Exchange Commission. Although we
believe that the expectations reflected in these
forward-looking statements are reasonable, we cannot
assure you that our expectations will prove correct.
Therefore, actual outcomes and results could materially
differ from what is expressed, implied or forecast in
such statements. Such differences could be caused by a
number of factors including, but not limited to, risks
and uncertainties with respect to the actions of actual
or potential competitive suppliers of refined petroleum
products in Holly’s markets, the demand for and supply
of crude oil and refined products, the spread between
market prices for refined products an market prices for
crude oil, the possibility of constraints on the
transportation of refined products, the possibility of
inefficiencies, curtailments or shutdowns in refinery
operations or pipelines, effects of governmental
regulations and policies, the availability and cost of
financing to Holly, the effectiveness of Holly’s capital
investments and marketing strategies, the ability of
Holly to acquire refined product operations or pipeline
and terminal operations on acceptable terms and to
integrate any future acquired operations, our ability to
complete the acquisition of the Tulsa refinery, our
ability to successfully integrate the operations of the
Tulsa refinery into our business, Holly’s efficiency in
carry out construction projects, the possibility of
terrorist attacks and the consequences of any such
attacks, general economic conditions, and other
financial, operational and legal risks and uncertainties
detailed from time to time in Holly’s Securities and
Exchange Commission filings. The forward-looking
statements speak only as of the date made and, other
than as required by law, we undertake no obligation to
publicly update or revise any forward-looking
statements, whether as a result of new information,
future events or otherwise.
FOR FURTHER INFORMATION, contact
Bruce R. Shaw, Senior Vice President & CFO
M. Neale Hickerson, Vice President, Investor Relations
Holly Corporation
214/871-3555
14-01-09
ACEA 2008 European Engine Oils Specifications Site Side 1 af
3
myLubrizol
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http://www.lubrizol.com/acea2008/ 14-01-2009
ACEA 2008 European Engine Oils Specifications Site Side 2 af
3
as aftertreatment protection, fuel economy and durability.
There will be new engine tests and some existing engine
tests will be removed from the sequences.
ACEA 2008 may represent the biggest performance upgrade to
service fill engine oil requirements since the introduction
of the Sequences in 1996 and some oils will be unable to
meet these new challenges.
Click on the oil cans above for details of how each sequence
is expected to change and the impact this will have on
engine oil requirements. This will be updated as we learn
more about the changes that will be included in ACEA 2008.
Oil Sequences
Issue Year First Use New Claims By Withdrawn
ACEA 1996 1st Mar 1996 1st Mar 1999 1st Mar 2000
ACEA 1998 1st Mar 1998 1st Sept 2000 1st Mar 2002
ACEA 1999 ACEA 2002
1st Sept 1999 1st Feb 2002
28th Feb 2003 1st Nov 2005
28th Feb 2004 1st Nov 2006
ACEA 2004
1st Nov 2004
28th Feb 2008
31st Dec 2009
ACEA 2007
28th Feb 2007
ACEA 2008
Expected late 2008
About the ACEA Oil Sequences
The Oil Sequences define the minimum quality level for
service fill engine oils for gasoline, light duty diesel and
heavy duty diesel engines. Since their introduction in 1996
the Oil Sequences have been updated periodically as shown
above.
z
ACEA A/B Sequences
These define the requirements for engine oils for service
fill usage in passenger car gasoline and light-duty diesel
engines.
z
ACEA C Sequences
These define the requirements for “catalyst compatible”
engine oils for service fill usage in passenger car gasoline
and light-duty diesel engines with aftertreatment systems.
z
ACEA E Sequences
These define the requirements for engine oils for service
fill usage in heavy duty diesel engines. Each new issue of
the Oil Sequences may include a new sequence, an increase in
severity for an existing sequence or a change in testing
with no change in severity. Depending upon the type of
change the nomenclature used by ACEA as a suffix to the
category name changes. The table below summarises the
changes that have occurred for each of the Oil Sequences and
the expect sequences that will be included in ACEA 2008.
Euro 5 legislation schedule
ACEA 1996
ACEA 1998
ACEA 1999
ACEA 2002
ACEA 2004
ACEA 2007
ACEA 20081
A
A1-96
A1-98
A1-98
A1-02
-
-
-
A2-96
A2-96 #2
A2-96 #2
A2-96 #3
-
-
-
A3-96
A3-98
A3-98
A3-02
A1/B1-04
A1/B1-04
A1/B1-08
-
-
-
A5-02
A3/B3-04
A3/B3-04
A3/B3-08
B
B1-96
B1-98
B1-98
B1-02
A3/B4-04
A3/B4-04
A3/B4-08
B2-96
B2-98
B2-98
B2-98 #2
A5/B5-04
A5/B5-04
A5/B5-08
B3-96
B3-98
B3-98
B3-98 #2
-
-
-
-
B4-98
B4-98
B4-02
-
-
-
-
-
-
B5-02
-
-
-
C
-
-
-
-
C1-04
C1-04
C1-08
-
-
-
-
C2-04
C2-04
C2-08
http://www.lubrizol.com/acea2008/ 14-01-2009 ACEA 2008
European Engine Oils Specifications Site Side 3 af 3
----C3-04 C3-07 C3-08
-
-
-
-
-
C4-07
C4-08
E
E1-96
E1-96#2
-
-
-
-
-
E2-96
E2-96#2
E2-96#3
E2-96#3
E2-96#5
E2-96#5
-
E3-96
E3-96#2
E3-96#3
E3-96#3
-
-
-
-
E4-98
E4-99
E4-99
E4-99#3
E4-07
E4-08
-
-
E5-99
E5-99
-
-
-
-
-
-
-
E6-04
E6-04#2
E6-08
-
-
-
-
E7-04
E7-04#2
E7-08
-
-
-
-
-
-
E9-08
Note1:
The nomenclature shown for the ACEA 2008 Oil Sequences
is based on ACEA 2008 Draft 4
ALBANY, N.Y.--(BUSINESS
WIRE)--Momentive Performance Materials has announced
the launch of Element14* polydimethylsiloxane (PDMS)
fluids. Available worldwide under brand name Element14,
these fluids replace current regional low viscosity
fluids, providing customers with easier ordering and
supply chain management, standard global specifications,
improved surety of supply, standardized containers and
weights, and uniform label information.
“The launch of the Element14 fluid portfolio allows
us to continue our transition from three affiliated,
regionalized businesses to a single global entity,” said
Mike Modak, Chief Commercial Officer, Momentive. “We are
committed to being a global enterprise that offers
consistent and recognizable advanced materials,
regardless of geography. By standardizing our products,
we will be able to deliver the same high level of
quality and performance, no matter where our customers
are in the world."
The first fluids offered in the Element14 family are
Element14 PDMS 5 and Element14 PDMS 10. Both are low
viscosity polydimethylsiloxane polymers with typical
benefits that include temperature and oxidative
stability, low flammability, low surface tension,
spreadability, shear stability, lubricity, high
compressibility, low vapor pressure, low odor and a
non-oily, yet soft, silky, feel. They may be considered
for use across a variety of industrial applications,
including polishes, personal care, textile spin finishes,
paint and coatings additives, heat or mechanical
transfer fluids, hydraulic fluids, electrical insulating
fluids, lubricants, water repellents, mold release
agents and anti-foams.
“Standardizing our fluid product line will allow our
customers to order specific, consistent grades of their
basic ‘building block’ products with greater confidence
and ease, on a truly worldwide basis,” said Paula Pinto,
Momentive Global Marketing Director, Silicone Fluids.
“Following the launch of this Element14 low viscosity
fluids line, in the near future we anticipate extending
Element14 to our high- and medium-viscosity fluid
portfolios.”
Momentive Performance Materials Inc. is a premier
specialty materials company, providing high-technology
materials solutions to the silicones, quartz and
ceramics markets. The company, as a global leader with
worldwide operations, has a robust product portfolio, an
enduring tradition of service excellence, and
industry-leading research and development capabilities.
Momentive Performance Materials Inc. is controlled by an
affiliate of Apollo Management, L.P. Additional
information is available at
http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.momentive.com%2F&esheet=5967473&lan=en_US&anchor=www.momentive.com&index=2.
*Element14 is a trademark of Momentive
Performance Materials Inc.
SOLUTIA FEATURES NEW THERMINOL® PRODUCTS,
ENHANCED SERVICES AND PROVEN PERFORMANCE AT ACHEMA 2009
Solutia will be featuring new products (Therminol® 62),
enhanced services (Therminol Reference Disk 5.0), and proven performance
(TLC Total Lifecycle Care® program) at its Therminol heat transfer
fluids exhibit at ACHEMA 2009, being held at Messe Frankfurt from 11th
to 15th May. Solutia is also participating in a special event during
the show named “Achema-Rallye - Efficient Process Heat with the Right
Partners.” For more information about this special event, Achema and
Therminol heat transfer fluids, please visit our website:
www.therminol.com.
Therminol 62, introduced in 2008, is the newest
addition to the Therminol heat transfer fluid family. Therminol 62 is a
first-intent heat transfer fluid whose chemistry is custom engineered
for high-performance, high-purity, low-pressure and exceptional thermal
stability to 325 °C. As with all of our fluids, Therminol 62 customers
around the world can expect superior product performance that is backed
by unmatched, comprehensive customer service and technical support.
The Therminol Reference Disk 5.0, also introduced in
2008, has been greatly enhanced over prior versions and is now even more
user-friendly. It contains detailed information on Therminol products
and services along with an array of design guides and technical aids
right at the user's fingertips.
Proven Performance: In today's challenging
economic conditions a highly reliable and efficient process heat system
operation is vital for success. Visit with us to learn how
TLC Total Lifecycle Care Programfrom the Therminol Performance Crew can help you to achieve your
demanding goals. The Therminol family of heat transfer fluids features
products that can meet the operating needs of virtually any single or
multiple heat-using system. In properly designed systems, these heat
transfer fluids will perform within their respective temperature ranges
for extended periods without breakdown or corrosion.
Active in Renewable Energies: In our exhibit, there
will also be displays illustrating the use of Therminol heat transfer
fluids in the field of renewable energy. Our fluids have performed in
solar energy, biomass, fuel cells, organic rankine cycle (ORC) and
bio-fuels applications. In fact, Therminol fluids have been utilized in
the production of solar energy for more than 20 years, and their use in
this application is expected to grow as global demand for solar power
increases. Learn more about our recent project announcements
Egypt and
Spain.
Members of Solutia's global Therminol Performance Crew will be
at
ACHEMA (Hall 4.1, stand B17-B19) to discuss the following benefits
of Therminol products and services:
Quality: Therminol fluids can provide greater
efficiency and reduced maintenance costs due to their superior thermal
stability.
Selection: Therminol products offer the widest
product range of synthetic heat transfer fluids for liquid phase and
vapour phase heating and cooling..
Global Presence: Solutia offers a worldwide network
of product supply by manufacturing Therminol on four continents and
offers an unmatched worldwide network of technically skilled Therminol
fluid specialists to provide expert service and support.
Solutia is also participating on a special event during the show
named “Achema-Rallye - Efficient Process Heat with the Right Partners.”
For more information about this special event, Achema and Therminol heat
transfer fluids, please visit our website:
www.Therminol.com.
Solutia | 575 Maryville Centre Drive | St. Louis | MO | 63141
RELEASE
February 18 2009 10:35
Moscow
First Russian LNG plant launched in Sakhalin
Russian
President Dmitry Medvedev is delivering
a speech
From left to
right: Jeroen van der Veer, Alexey
Miller, Shoei Utsuda and Yorihiko Kojima
The
Sakhalin Island (Prigorodnoye settlement) hosted
today celebrations dedicated to the launch of the
first Russian liquefied natural gas (LNG) plant as
part of the
Sakhalin II project.
Taking
part in the event were Dmitry Medvedev, President of
the Russian Federation, top-ranking statesmen from
the countries-partners of the Sakhalin II project
including Taro Aso, Prime Minister of Japan, Prince
Andrew, Duke of York, Maria van der Hoeven, Economic
Affairs Minister of the Kingdom of the Netherlands.
Also present were heads of the
companies-shareholders in
Sakhalin Energy:
Alexey Miller, Chairman
of the Gazprom Management Committee, Jeroen van der
Veer, Chief Executive Officer of Royal Dutch Shell,
Shoei Utsuda, President and Chief Executive Officer
of Mitsui, Yorihiko Kojima, President and Chief
Executive Officer of Mitsubishi Corporation. In
addition, the event was attended by heads of the
companies-purchasers of the Sakhalin LNG and
international financial organizations.
“Today
we have launched LNG production in Russia. This will
give a powerful impetus to economic development in
the Far East of Russia. The Sakhalin II project
implementation will make it possible to reinforce
Gazprom’s position on the global energy market,
promote the trade and economic relations between
Russia and Asia Pacific, facilitate diversification
of gas supply sources, thus enhancing its energy
security,” said Alexey Miller, Chairman of the
Gazprom Management Committee.
“Sakhalin has established itself on the global
energy map. We thank shareholders of Sakhalin
Energy, the Government of the Russian Federation and
the Sakhalin Oblast Administration for their
continuous support and cooperation in delivering the
ambitious and challenging Sakhalin II project.
After
reaching its full capacity the Sakhalin II project
will ensure around 5 per cent of the global LNG
production and contribute significantly to
strengthening the global energy security,”
underscored Ian Craig, Sakhalin Energy’s Chief
Executive Officer.
Background:
The
first Russian LNG plant on the Sakhalin Island
consists of two process trains, each having the
throughput capacity of 4.8 million tons of LNG per
annum. The plant is projected to reach its design
capacity (9.6 million tons per annum) in 2010.
This
large-scale project has been constructed since
August 2003. About 10 thousand of workmen and
experts from more than 40 countries were involved in
the construction process.
The
LNG plant of the Sakhalin II project applies a
special method of gas liquefaction involving the
double mixed refrigerant raising the production
effectiveness using the benefits of the cold
climatic conditions of Sakhalin.
Even
before the construction terminated all the
production from the LNG plant was contracted on the
basis of long-term arrangements (validity period of
20 years and more). Around 65 per cent of the
Sakhalin LNG will be supplied to 9 purchasers from
Japan, which is the world’s
top LNG sales market. The remaining volumes are
intended for consumers of South Korea and North
America.
The
LNG plant is a part of the world’s
largest comprehensive oil and gas Sakhalin II
project. The project provides for developingt two
oil and gas fields north-west offshore the Sakhalin
Island (Piltun-Astokhskoye and Lunskoye fields),
extraction of oil and production of liquefied gas
with their subsequent export.
On
April 18, 2007 Gazprom and the shareholders of
Sakhalin Energy (Royal Dutch Shell plc, Mitsui & Co.
Ltd and Mitsubishi Corporation), being the Sakhalin
II project operator, signed the Purchase and Sale
Agreement providing for the acquisition by Gazprom
of a 50 per cent plus one share stake in Sakhalin
Energy.
On
April 16, 2007 the Gazprom Board of Directors took a
decision to open Gazprom’s
Representative Office in the Sakhalin Oblast.
2008-08-11
Vindmøllebil fra DTU skal vinde racerløb
i Holland
Europæiske universiteter
dyster om at have det hurtigste vinddrevne
køretøj. Danmarks Tekniske Universitet håber
på at vinde konkurrencen med en mølle, der
snurrer med 1.000 omdrejninger i minuttet og
overfører kræfterne til hjulene med mekanisk
transmission.
Det danske vindmølle-køretøj bliver
samlet for første gang på mandag. Om
to uger går det løs i Holland på en
5,3 km lang bane.
Danske mekanikstuderende fra DTU vil om
knap to uger prøve at vinde et
internationalt kapløb med deres egen
miljørigtige racerbil.
Det sker ved kapløbet Racing Aeolus, som
afvikles i Holland fra 20. til 23. august.
Som navnet antyder, handler det om vind, og
derfor må de tilmeldte biler udelukkende
drives frem af vindkraft. Det er dog tilladt
at have et batteri om bord, blot det er helt
afladet, når løbet skydes i gang.
Vindkraften skal fanges i en turbine på
toppen af køretøjet, og
rotationshastighederne skønnes at blive
betydelige, så der er strenge regler for
sikkerhedsudstyret.
Rotoren skal således indkapsles i en kasse
eller cylinder med trådgitter foran og
bagpå, og der skal være dødemandsbremser på
både køretøj og turbine. Det vil sige
bremser, der aktiveres automatisk, hvis
noget går galt. Sådanne bremser findes
eksempelvis også i S-tog.
Både fart og innovation giver point
En del af banekørslen skal foregå i direkte
modvind på den 5,3 km lange bane. Det gælder
om at komme først over målstregen, men også
om at fremvise det bedste design, de mest
innovative ideer, den bedste anvendelse af
bæredygtige materialer, samt sikkerhed,
kommunikation og sportsånd.
Det står konstruktørerne frit, om de vil
bruge mekanisk transmission direkte mellem
turbine og hjul, eller om de vil opsamle
energien med generatorer og sætte elmotorer
i hjulene. Det danske hold har valgt
førstnævnte løsning.
»Vi regner med, at vores rotor vil spinne
med op til 1.000 omdrejninger per minut. Det
skal give os cirka 10 kW at gøre godt med,«
siger DTU-holdets projektleder, lektor
Robert Flemming Mikkelsen, Institut for
Mekanisk Teknologi.
Der var oprindelig sat en overgrænse for den
tilladte vindhastighed på 15 m/s, men den er
siden sat ned til 12 m/s plus 50 procent til
vindstød.
»Vores design er beregnet til en hastighed
på maksimalt 30 m/s, for vi skønner, at vi
vil kunne køre fremad med samme fart som
vinden rammer os,« siger han.
Energitab betyder mere end vægten
Vægten bliver ikke anset for afgørende. Det
er energitabsoptimeringen i hele
konstruktionen til gengæld. Derfor bliver
konkurrencen en kappestrid på teknologisk
viden.
Undervejs i designforløbet er der gennemført
fem eksamensprojekter, som angår henholdsvis
transmission, rotoraerodynamik,
rotorpitchregulering, bilkonstruktion og
projektledelse.
Køretøjets hestekræfter skal udvikles i
turbinen, så det er en kritisk komponent.
DTU-holdets egen rotorkonstruktion er blevet
optimeret med computerteknologi, men
desværre nåede støbeformen ikke at blive
færdig. Så der er indkøbt nogle færdige
rotorvinger hos firmaet Multiwing.
»Den vinge er næsten lige så god som vores
egen, så det skal nok gå,« siger Robert
Flemming Mikkelsen.
Men der er også lagt et stort arbejde i det
omkransende cylinderstykke, som skal dække
vingespidserne.
»Det er ikke bare en cylinder. Siderne er
aerodynamisk udformede, så de øger
belastningen på rotoren. Det svarer faktisk
til at have en noget større rotordiameter,«
forklarer han.
Kigger konkurrenterne i kortene
De danske kombattanter har ikke samlet deres
bil endnu. Det sker formentlig på mandag.
Men de har allerede kigget godt på
konkurrenternes billeder på nettet og dannet
sig en mening om, hvem der bliver hårde
konkurrenter, og hvem der ikke gør.
»Vi har en fornemmelse af, hvilke af de
andre hold der er gode til at beregne. Men
de har sikkert ikke vist alle deres fiduser
på billederne. Det gør vi jo heller ikke,«
siger han.
Foreløbig er tre tyske og et hollandsk
universitetshold tilmeldt foruden det
danske.
Arrangementet er en del af Dutch Wind Energy
Events, som også omfatter ting som Tall
Ships, ekstreme katamaraner og
drageflyvning.
Arrangørerne forventer mere end en halv
million tilskuere.
Har du ingen bier eller får du
ingen frugter - så er forklaringen måske her:
Pesticider har taget livet af honningbierne
Tyskland forbyder nu en række pesticider,
der mistænkes for at forvolde den voldsomme bidød. Frankrig
forbød dem for længe siden, og amerikanske avlere
sagsøger producenten. Men i Danmark står de stadig på
Miljøstyrelsens positivliste. ( Men har denne regering
ikke hele tiden været sløv og hæmmet af Dansk Folkeparti !)
Financier
de fattige entreprenører i Afrika med et Microlån gennem MyC4
MyC4 er godt i gang og du kan få mere information
eller gå direkte til investeringen ved at klikke på MyC4 logoet ovenfor.
Højhastighedstog i Afrika - Marokko
Marokkos konge Mohammed VI har med større fremsyn end vi
kan præstere hr i landet, planlagt den første
højhastighedstog bane i Afrika
Nu må den danske regering snart tage sig sammen og planlægge vor
fremtidige infrastruktur, herunder højhastighedsbaner,
inden vi alle ender med at sidde i en bilkø med uoverskuelige samfundstab til følge . Det er tankevækkende, at lande
fattigere end os, bedre magter denne planlægning.
Husk det næste gang du skal stemme, der er ting der er vigtigere end
tørklæder, ældrechecks og andet stemmekøb og populisme som de ubehagelige
racister i Dansk Folkeparti har forplumret Folketingets arbejde med !
11-04-2008
Petronas Lubricants Belgium NV er
det nye navn for Petronas helejede datterselskab Sun Oil Company
Belgium N.V.
Det er kun navnet der ændres - alle øvrige forhold forbliver uændret indtil
videre. Sunoco olierne produceres i Antwerpen som hidtil på licens fra
Sunoco Inc. USA og blanderiet forventes udbygget til dobbelt størrelse
Fagfolk fra hele verden
kårede tirsdag aften Københavns Metro til
verdens bedste metro ved en stor konference.
De københavnske undergrundstog blev valgt
foran blandt andet London, Madrid og
Singapore, skriver Metroselskabet i en
pressemeddelelse.
De vigtigste argumenter for at tildele
København prisen var Metroens høje
driftsstabilitet, evnen til hurtigt at få
tilpasset den nye strækning til Lufthavnen
station samt den høje passagertilfredshed og
sikkerhed.
Bestyrelsesformand for Metroselskabet I/S,
Henning Christophersen, er stolt over
prisen, men han understreger, at
tilfredsheden blandt Metroens daglige kunder
det vigtigste.
"At fagfolk fra blandt andet metrosystemer
som London, New York og Tokyo mener, at
Københavns Metro er verdens bedste er en
stor ære. Deres systemer er jo blevet
tilpasset gennem mange år, mens vi fortsat
er et af de yngste børn i verdens
Metrofamilie. Men heldigvis er det ikke kun
vores kolleger, som synes om Københavns
Metro. Vores seneste
kundetilfredshedsundersøgelse viser, at 98
procent af vores kunder er enten tilfredse
eller meget tilfredse. Det bedste
undersøgelsesresultat siden Metroen blev
indviet i 2002," siger Henning
Christophersen.
2008-03-14 The final
meltdown of the economy
Nouriel Roubini's Global
EconoMonitor
Step 9 of the Financial Meltdown: "one
or two large and systemically
important broker dealers" will "go
belly up"
Nouriel Roubini | Mar
14, 2008
In my February 5th piece on
12 Steps to a Financial
Disaster I predicted -
as Step 9 of the meltdown -
that "one or two large and
systemically important
broker dealers" will "go
belly up" and that other
members of the "shadow
financial system" - i.e.
non-bank financial
institutions that look like
banks in terms of liquidity/rollover
risk - will also go bankrupt.
As I put it then:
Ninth, the “shadow banking
system” (as defined by the
PIMCO folks) or more
precisely the “shadow
financial system” (as it is
composed by non-bank
financial institutions) will
soon get into serious
trouble. This shadow
financial system is composed
of financial institutions
that – like banks – borrow
short and in liquid forms
and lend or invest long in
more illiquid assets. This
system includes: SIVs,
conduits, money market
funds, monolines, investment
banks, hedge funds and other
non-bank financial
institutions. All these
institutions are subject to
market risk, credit risk
(given their risky
investments) and especially
liquidity/rollover risk as
their short term liquid
liabilities can be rolled
off easily while their
assets are more long term
and illiquid. Unlike banks
these non-bank financial
institutions don’t have
direct or indirect access to
the central bank’s lender of
last resort support as they
are not depository
institutions. Thus, in the
case of financial distress
and/or illiquidity they may
go bankrupt because of both
insolvency and/or lack of
liquidity and inability to
roll over or refinance their
short term liabilities.
Deepening problems
in the economy and in the
financial markets and poor
risk managements will lead
some of these institutions
to go belly up: a
few large hedge funds, a few
money market funds, the
entire SIV system and,
possibly, one or two
large and systemically
important broker dealers.
Dealing with the distress of
this shadow financial system
will be very problematic as
this system – stressed by
credit and liquidity
problems - cannot be
directly rescued by the
central banks in the way
that banks can. [bold
added]
And today
the first one of these large
broker dealers - Bear
Stearns - in on the verge of
bankruptcy. Let us be
clear: given its massive
exposure to toxic MBS and
ABS product Bear Stearns is
insolvent; the decision by
the NY Fed to try to bail
out Bear Stearns would make
sense if this firm was only
illiquid; the trouble that
it is insolvent and thus
such attempted bailout is
altogether inappropriate. It
is true that Bear is a large
broker dealer; but its
systemic importance is much
smaller than that of much
larger institutions. The
world and financial market
can survive if Bear
disappears.
So the only possible
justification for such Fed
action is to engineer an
orderly rather than a
disorderly shutdown of this
institution. But
unfortunately the Fed is
behaving as if Bear Stearns
is illiquid but solvent.
That is delusional and the
official sector support of
an otherwise insolvent
institution will end up -
like many other recent Fed
actions - being paid for by
the US tax-payer.
As discussed months ago
in this column non-banks
institutions don't have
access - based on
the Federal Reserve Act
- to the lender of last
resort support of the Fed
unless a very special and
unusual procedure and vote
is taken. So for the first
time in decades - possibly
since the Great Depression -
the Fed had to rely on this
exceptional rule to bail out
a non-bank financial
institution. So what is
next? Bailing out hedge
funds, bailing out money
market funds, bailing out
SIVs? When is enough enough?
This when the Fed has
already committed this week
to swap 60% ($ 400 bn) of
its balance sheet of
Treasuries for mortgage
backed securities of dubious
quality and value.
And Bear is only the
first broker dealer to go
belly up. Rumors had been
circulating in the market
for days that the exposure
of Lehman to toxic ABS/MBS
securities is as bad as that
of Bear:
according to Fitch at
the beginning of the turmoil
Bear Stearns had the highest
toxic waste ("residual
balance") exposure as
percent of adjusted equity
on balance sheet; the
exposure of Bear was 54.5%
while that of Lehman was
only marginally smaller at
53.3%; that of Goldman Sachs
was only 21%. And guess
what? Today
Lehman received a $2 billion
unsecured credit line from
40 lenders. Here is
another massively leveraged
broker dealer that
mismanaged its liquidity
risk, had massive amount of
toxic waste on its books and
is now in trouble. Again
here we have not only a
situation of illiquidity but
serious credit problems and
losses given the reckless
exposure of this second
broker dealer to toxic
investments.
We will leave aside for
today the fact that a
growing number of members of
the "shadow financial
system" have gone belly up
in the last month alone: the
entire SIV scheme is being
wound down and brought back
on balance sheet; a few
hedge funds are now closing
shops (for details see the
web site
The Hedge Fund
Impode-O-Meter) ); a few
money market funds that had
exposure to toxic MBS have
experienced runs and had to
be bailed out; a highly
leveraged private equity
bond fund has gone belly up;
a major near prime mortgage
lender is bankrupt. In all
these cases a poisonous
combination of liquidity
risk and credit risk was
exacerbated by reckless
leverage.
So the question is: if
Bear Stearns screwed up big
time - as it did - with huge
leverage, reckless
investments, lousy risk
management and massive
underestimation of liquidity
risk why should the US
taxpayer bail out this firm
and its shareholders? First
fully wipe out those
shareholders, then fire all
the senior management and
have the government take
over such a bankrupt
institution before a penny
of public money is wasted in
bailing it out. Instead now
the use of public money to
bail out financial
institutions is spreading
from banking ones to non
banking ones. The Fed should
at least give a clear and
public explanation of why
such extremely exceptional -
and almost never used -
intervention was justified.
Unless public money is
used on a very temporary
basis to achieve an orderly
wind-down or merger of Bear
Stearns this is another case
where profits are privatized
and losses are socialized.
By having thrown down the
drain the decades old
doctrine and rule that the
Fed should not lend or bail
out non-bank financial
institutions the Fed has
created an extremely
dangerous precedent that
seriously aggravates the
moral hazard of its lender
of last resort support role.
If the Fed starts on the
slippery slope of providing
massive liquidity support to
non-bank financial
institutions that have
recklessly managed their
risks it enters into
uncharted territory that
radically changes its
mandate and formal role. Breaking
decades-old rules and
practices is a radical
action that seriously
requires a clear public
explanation and
justification.
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Regningen for sort brændeovnsrøg: To
milliarder kroner
Nye krav til danske brændeovne fjerner kun ti procent af
partikelforureningen. Den vil stadig føre til luftvejssygdomme og for
tidligere dødsfald for to milliarder kroner årligt, fastslår Miljøstyrelsen.
Brændeovnene koster samfundet 2 milliarder om året på trods af skrappere
krav, da partikler stadig medfører hjerte- og lungesygdomme.
De nye regler, der skal fjerne de mest svinende brændeovne fra de danske
marked, er kun en dråbe i havet.
Ni tiendedele af alle sundhedsskadelige partikler fra brændeovnene, den
største kilde til partikelforurening herhjemme, vil stadig blæse lige ud i
villa- og sommerhuskvarterer, hvor de fører til luftvejssygdomme og for
tidlige dødsfald.
Selv når de nye regler er trådt i kraft 1. juni, vil partiklerne fra
brændeovnene stadig koste samfundet 30,7 milliarder kroner fra 2006 og frem
til 2020 i form af dødsfald, tabte leveår og hospitalsindlæggelser – altså
over to milliarder i gennemsnit om året.
Det viser beregninger i en rapport om brændeovnsforurening, som
Miljøstyrelsen og Danmarks Miljøundersøgelser udarbejdede i april sidste år.
Den nye bekendtgørelse gør det ulovligt at sælge nye og brugte brændeovne,
der forurener for meget med sundhedsskadelige sodpartikler. Initiativerne
vil sænke udslippet af partikler fra brændeovne med 9,9 pct. frem til 2020 i
forhold til, hvis kravene ikke blev indført.
Hvis ikke bekendtgørelsen var gået igennem, var omkostningerne ved de mange
danskere, der bliver syge af brændeovne, blevet 34,1 milliarder kroner,
altså godt et par milliarder kroner dyrere end med de nye krav.
»Partikler medfører typisk hjerte- og lungesygdomme, da de kan medføre
blandt andet betændelsestilstand i lungerne, bevæge sig ind i kredsløbet,
øge risikoen for blodpropper i hjertet og forværre astma og rygerlunger,«
siger professor i miljømedicin Steffen Loft, Institut for
Folkesundhedsvidenskab ved Københavns Universitet.
Udover kravene til brændeovnene har bekendtgørelsen givet kommunerne klare
retningslinier for, hvad de kan gøre, når der klages over forurening fra
brændeovne, og kommunerne har desuden fået mulighed for at indføre skrappere
regler for brændeovne i afgrænsede områder.
Syltet rapport anbefaler massiv satsning på
vindkraft
Vindkraft kan dække 70 procent af Danmarks energiforsyning i
2050. Energien skal lagres i biler og brintlagre, fremgår det af en rapport, som
regeringen har tilbageholdt. Biomasse er også vejen frem, men glem solcellerne,
lyder budskabet.
Danmark skal satse så massivt på udbygningen af vindkraft, at 70 procent af
vores strøm kommer fra de snurrende møllevinger i 2050.
Sådan lyder en del af opskriften på en dansk energiforsyning, der næsten
udelukkende består af vedvarende energi, fremgår det af en rapport udarbejdet af
EA Energianalyse og Risø for Miljøstyrelsen. Rapporten blev bestilt i 2006, men
i snart et år har den været holdt tilbage af regeringen trods de nuværende
forhandlinger om fremtidens energipolitik.
I rapporten, som Ingeniøren har haft adgang til, er budskabet, at udbygningen af
vindkraft skal kombineres med en fokuseret satsning på transportsektoren, der
skal fungere som et lager for vindenergien »enten i bilernes lagre eller i
centrale brintlagre i kaverner (underjordiske hulrum, red.), som del af en
overordnet brintinfrastruktur i 2050.«.
Biomasse er en central energikilde i fremtiden
Vil Danmark arbejde mod et samfund alene baseret på vedvarende energi i 2050, er
biomasse også en helt central teknologi at satse på.
For at opnå det mål skal biomasse bidrage med 25 procent til energiforsyningen,
mens rapporten kun spår, at solenergi vil stå for omkring to procent af
energiforsyningen på grund af stor usikkerhed forbundet med teknologien og
prisen.
Som udgangspunkt arbejder rapporten med en fremskrivning af den nuværende
udvikling, der er baseret på regeringens energiudspil fra januar 2007 ”En
visionær dansk energipolitik 2025”, samt udviklingen i danskernes energiforbrug
og bilernes brændstofeffektivitet.
Det fremtidige energiforbrug forventes at falde svagt til 420 PJ frem til 2020,
mens bilernes gennemsnitlige brændselseffektivitet forbedres med 10 procent i
2020 i forhold til i dag.
Klimamål kan nås for 2 milliarder om året Rapporten arbejder med syv scenarier for en fremtidig energiforsyning, hvor
der opstilles målsætninger for henholdsvis 2020 og 2050. I det mest ambitiøse
scenarium for 2020 vil vindenergi udgøre 40 procent af elforsyningen, mens
biomasse vil stå for 33 procent.
På transportområdet vil 15 procent af bilparken køre på biobrændstof, mens 10
procent vil køre i elbiler. Samtidig vil vi hvert år spare 2,8 procent af vores
energiforbrug, fremgår det af rapporten.
Det scenarium vil koste samfundet omkring to milliarder kroner om året frem mod
2020, hvilket svarer til 0,1 procent af Danmarks BNP. I det regnestykke er den
økonomiske vækst sat til 1,7 procent per år, og beregningerne er i faste
2006-priser. Renten er som udgangspunkt sat til 6 procent på baggrund af
Finansministeriets anbefalinger til samfundsøkonomiske beregninger, fremgår det
af rapporten.
Millionbevilling til Statens Naturhistoriske Museum skal underbygge folks skepsis over for religiøs modstand mod Charles Darwins evolutions-teori.
Den grandiose bevilling kommer fra Villum Kann Rasmussen Fonden og glæder museets formidlingschef Hanne Strager. Specielt efter at Darwins teorier er kommet under kraftig beskydning fra fundamentalistiske religiøse kredse i bl.a. USA.
De republikanske præsidentkandidater i USA benægter tilsyneladende alle
Darwins lære - i større eller mindre grad -( Citeret fra "Ingeniøren")
ja man tror det er løgn, når man studerer de republikanske
præsidentkandidaters mening om Darwins lære og man spørger sig selv: kan vi
virkelig fortsat i 2008 risikere så tåbelige præsidenter i USA, og
hvor er der flest fundamentalister ?, i USA , hos Paven i Rom og hans
meninghed eller hos de udskældte muslimer hovedsagelig i Mellemøsten og
Fjernøsten ?
2008- Jan 02 : Er US Dollar enden
nær ?
Iran president calls U.S. dollar 'worthless'
OPEC members consider converting cash reserves into non-dollar currency
Hassan Ammar / AFP - Getty Images
OPEC hardliners — such as Iran's Mahmoud Ahmadinejad, left, and
Venezuela's Hugo Chavez — clashed with moderates about the future
direction of the oil cartetl during a rare summit in Riyadh, Saudia Arabia.
Slide show
A crude joke MSNBC.com's editorial cartoonists weigh in on
the high price of oil.
more cartoons
updated 6:20 p.m. ET Nov. 18, 2007
RIYADH, Saudi Arabia - Iranian President Mahmoud
Ahmadinejad said Sunday that OPEC’s members have expressed interest in
converting their cash reserves into a currency other than the depreciating
U.S. dollar, which he called a “worthless piece of paper.”
His comments at the end of a rare summit of OPEC
heads of state exposed fissures within the 13-member cartel — especially
after U.S. ally Saudi Arabia was reluctant to mention concerns about the
falling dollar in the summit’s final declaration.
The hardline Iranian leader’s comments also
highlighted the growing challenge that Saudi Arabia, the world’s largest oil
producer, faces from Iran and its ally Venezuela within the Organization of
Petroleum Exporting Countries.
Danmark har udviklet sig til et af verdens værste overvågningssamfund. Det
mener organisationen Privacy International, der kritiserer Danmark i sin
årlige rapport.
Den internationale organisation Privacy International har netop udsendt
sin årlige rapport over de værste overvågningssamfund i verden. Og
rapporten er ikke behagelig læsning set med danske briller. For Danmark
bliver på flere områder udpeget som et af de værste skrækeksempler, og med
en samlet privacy-score på 2.0 lander Danmark i kategorien for »udvidede
overvågnings-samfund«. Det er markant dårligere end sidste år, hvor
Danmark »kun« blev kritiseret for en »systematisk mangel på effektiv
beskyttelse«.
En nærlæsning af rapporten viser, at det især er inden for områder som
data-deling, telelogning, politiets adgang til data og overvågning af
finansielle transaktioner, at Danmark har gjort sig uheldigt bemærket.
Danmark ligger på niveau med Bulgarien og Litauen, men kan dog trøste sig
med, at store lande som England og Frankrig klarer sig endnu dårligere. På
verdensplan bliver Kina og Malaysia fremhævet som (næsten) perfekte
overvågningssamfund.
Det generelle niveau for privacy-beskyttelse i verden har været faldende i
det sidste år, fortæller rapporten, der også kan dokumentere, at der er
indført mange nye systemer som skal kontrollere persontrafikken over
grænserne – ofte uden at privacy-perspektivet er tænkt helt igennem. Og
mange lande har travlt med at samle og arkivere data om borgernes færden,
teletrafik og pengeoverførsler.
I den vestlige verden har USA den laveste privacy-score og klarer sig
dermed dårligere end lande som Indien og Filippinerne, hvis man skal tro
Privacy International.
Vi ønsker alle vore kunder og
leverandører en glædelig Jul og et godt Nytår 2008
Special: Huge Oil deposits in India, China,
Africa
Thousands of feet below the ocean`s floor, one of the largest oil
reserves in the world has been
discovered, and its contents hold the potential to push the current
global oil crisis 50 years into the
future.
It`s estimated that as much as 1.3 trillion barrels
of oil are buried off the coasts of India, China and
Africa, as well as in the British North Sea.
A largely unknown U.K. company is providing big name oil drillers with
the new technology
essential to extracting it from deep beneath the sea at a cost equal
to or less than pumping oil from
Middle Eastern wells.
Xavier Preel, the head of France`s largest oil company, Total SA,
reported recently that deep sea
oil deposits have accounted for 30% of the total oil reserves
discovered in the last decade and that
the crude being taken from these deposits represents a growing
proportion of the world`s oil
production.
Billions of barrels have already been pulled from the sea around the
world, but these new reserves
have the potential to top all of them in production. Estimates by some
experts are that the reserves
could hold up to 1.3 trillion barrels of oil.
Total SA has already started drilling one of the sites off the coast
of Africa, and is extracting
650,000 barrels a day from the region.
"Industry officials estimate that the deep waters off Nigeria alone
might hold 8 billion to 10 billion
barrels worth of oil, while Angola`s deepwater sector may contain
another 10 billion."
The ramifications of such a vast reserve being tapped are immeasurable.
The price of oil could
drop back down to levels unseen in years. Gas and home energy costs
would then plummet as
well, reinvigorating an economy stretched thin thanks to consumers
pinching pennies in order to fill
their tanks.
Source: PETROLEUM BAZAAR
Jet-Lube’s new SEAL-GUARD™ ECF and NCS-30™ ECF have been
selected for the 2007 OTC Spotlight on New Technology Program
award. They are the first drill string and premium tubing and
casing thread compounds to meet Norway’s Yellow (SFT) and the
United Kingdom’s “E” classification by CEFAS. The
classifications are a result of the Ospar Commission’s
Harmonized Offshore Chemical Notification Format (HOCNF) whose
directives require pipe compounds to be biodegradable,
bioaccumulation potential-free and non-toxic to all life forms.
These are the most stringent thread compound requirements to
date and require a total reformulation of the pipe compounds to
meet both the performance and environmental requirements.
Jet
Lube research and development states that both ECF compounds,
NCS for drill pipe and SEAL-GUARD for premium tubing and casing,
are entirely non-metallic yet provide excellent protection
against seizing and galling. They are temperature rated for
applications –65˚F (-54˚C) to 500˚F (260˚C) and their
non-conductive formulas are invert and pH mud resistant.
SEAL-GUARD has been specially formulated for use on premium
connections and not recommended by jet Lube to be used as a
sealant on 8-round buttress (OCTG) connections.
Jet-Lube products are ISO certified and distributed worldwide.
www.reinhardoil.dk
JET-LUBE NCS-30 ECF
Drill String Compound
JET-LUBE® NCS-30 ECF is a premium quality, nonmetallic compound
containing chemically inert fibres, gall preventers, friction
controllers, EXTREME PRESSURE and ANTI-WEAR additives. These are
blended into Jet-Lube’s biodegradable calcium complex base grease,
which gives a wide temperature range, superior adhesion to wet
steel surfaces, resistance to water wash-off and the ability to
withstand inverted and high pH muds.
JET-LUBE SEAL-GUARD ECF has been specifically formulated to meet
the performance requirements of proprietary, metal-to-metal seal
and high interference connection designs utilizing today’s high
performance materials, which include “super” chrome and high alloy
steels. The smaller particle size distribution may not provide
optimum sealability on 8-round and buttress thread forms.
JET-LUBE'S SILVER PLUS REGULAR metallic anti-seize is designed to
provide a protective film against galling and seizure over a wide
range of applications. The micro-sized particles produce a smooth
creamy consistency and allows it to quickly and easily coat fine
threaded fasteners, small diameter fasteners all the way to large
diameter fasteners.
PFPE GREASE is a PTFE thickened perfluorinated polyether fluid
providing optimum oxidation resistance at temperatures up to
nearly 600°F. This combination of materials has the additional
benefit of being essentially inert to all but a couple of
fluorinated, higher molecular weight solvents. The base fluid
carries exceptionally high extreme pressure properties with a
4-Ball Weld Point of 800 - 1000 kilograms of force. It must be
cautioned, however, that base oil viscosity is the critical
parameter in long-term bearing protection and performance.
STEAM CHIEF™ is a high pressure, high temperature thread compound
designed to perform in the deman ands of these applications and
stay within the current environmental guidelines, two of the
solids used in today’s market had to be avoided. STEAM CHIEF
contains neither lead or zinc. These solid additives would not
offer the environmental/health safety requirements nor the high
temperature performance required for the severe geothermal
applications STEAM CHIEF is designed to handle. Problems with zinc
and hydrogen gas evolution at temperatures about 150°F are evident
in the 20 ml maximum allowed in the API Bulletin 5A3 Gas Evolution
test needed with API-MODIFIED and API-SILICONE formulas specified
in the obsolete API Bulletin 5A2.
EASY-CLEAN LIQUID is an alkaline based cleaner degreaser that
uniquely combines cleaning agents with newly developed emulsifying
technology to provide a product that can effectively remove
carbon, grease, oil and other organic deposits while being both
safe and ozone friendly. EASY-CLEAN LIQUID is tomorrow’s answer to
today’s cleaning problems-totally effective yet safe for our
environment and atmosphere. Use by pouring a five gallon pail into
a drum then dilute with water filling the drum.
• Biodegradable
• Noncombustible
• Nonflammable
• Nonfuming
• Nontoxic
• Water Soluble
JET-LUBE® RUN-N-SEAL® Extreme is a patented, METAL-FREE, high
pressure sealant alternative for API MODIFIED. The compound
contains graphite and other nonmetallic, inorganic, anti-wear
additives blended into astate-of-the-art, high temperature, rust
inhibiting complex soap based grease. RUN-N-SEAL Extreme contains
a large volume of solids enhanced by a higher concentration of
large-sized particles. The improved distribution of particle sizes
and volume of solids provides an excellent seal in large and small
diameter, non-shouldered threads. The complex soap grease provides
a high melting point, ensures brushability over a wide range of
temperatures and has excellent inherent water resistance. It
sticks to wet and oily steel, ensuring the compound will not wash
off threads.
TEMP-TITE is used for sealing threads, flanges and fittings and
for high temperatures and pressures. TEMPTITE is a temperature
activated product. Pipe joints and fittings can be disassembled
after extended use at high temperatures.
The cement form is used for threaded and other machined
connections. For close tolerances a liquid version of the sealant
is attainable. Although normally used without gaskets, the cement
form makes an excellent gasket dressing. The paste form is used
for rough or scored surfaces. It is used also as a gun grooving
compound. It possesses antiseize properties for very high
temperatures.
JET-LUBE EXTREME mud resistant drill collar and tool joint
compound is a premium quality, unleaded compound containing copper
flake, graphite, and other natural extreme pressure and anti-wear
additives. These are blended into JET-LUBE™s newest high temp
complex base grease. The highly refined, low pour point oil used
in the production of our grease ensures brushability at low
temperatures as well as the necessary oxidation and thermal
stability at high temperatures. This new base grease offers the
additional advantage of superior adhesion, resistance to water
wash-off,
and superior rust and corrosion protection for inverted or high pH
muds.
JET-LUBE ® NCS-30 nonconductive thread compound is a premium
quality, unleaded compound containing polymeric fibers and
additives and other natural extreme pressure and anti-wear
additives. These are blended into JET-LUBE's hight temp calcium
complex grease. The highly refined, low pour point oil used in the
production of our grease ensures brushability at low temperatures
ae well as the necessary oxidation and thermal stability at high
temperatures. This new base grease offers the additional advantage
of superior adhesion to wet steel surfaces, resistance to water
wash-off, and superior rust and corrosion protection. Especially
effective for inverted or high pH muds.
Besides Jet-Lube pipe dopes and anti seize products Reinhard oil also
stock Sunoco motor oils and hydraulic oils, industrial oils. Momentive , Dow
Corning, Blue Star and Prosil silicones as well as Solutia Heat transfer
fluid Therminol 56 We also sell Orapi-Allied metal treatment products(
previos Gramohs and Oakite metal treatment products
CNPC picks Tianjin for Russia refinery, oil storage
Thu Oct 18, 2007 10:59am BST
By Chen Aizhu
TANGGU TIANJIN, China, Oct 18 (Reuters) - China's top oil firm
CNPC has chosen a little-known, reclaimed north China harbour as the site of
its planned refinery with Russia's Rosneft (ROSN.MM:
Quote,
Profile,
Research),
moving the project forward after nearly two years.
The state giant also hopes to build a major petrochemical complex and an
oil storage facility on the site at a total cost of nearly $6 billion,
industry officials told Reuters.
The site decision is among the first visible signs that the Sino-Russian
venture -- one of several agreed in early 2006 -- is beginning to bear fruit,
binding the world's number-two oil consumer and the biggest producer closer
together. Deals to secure gas and oil from Russia have proven more elusive.
In a deal sealed by Russian President Vladimir Putin's visit to Beijing in
March 2006, the two state-owned giants aim to build a 200,000 barrels per day
(bpd) refinery at the Tianjin Harbour Industrial Park, 80 square kilometres
(31 sq miles) of reclaimed land off the Bohai Bay east of Beijing.
CNPC also hopes to add a 1 million tonnes per year (tpy) naphtha cracker
and has begun laying the foundation for 12 million barrels of oil storage,
sources familiar with the plan said, unexpected additions to the project.
It was not clear whether Rosneft would also be a partner in the new
facilities.
If Beijing approves the project by the middle of next year, as expected,
the plants should come on line around 2011. CNPC is the parent of Asia's top
oil and gas firm PetroChina (PTR.N:
Quote,
Profile,
Research)
with a market capitalisation topping $400 billion.
"When CNPC plans an investment as big as this, it normally means they have
the capacity to push it through," said an official with the Harbour Industrial
Park's management committee.
CNPC agreed to the venture with Russia's largest oil producer with an eye
toward securing long-term oil supply. The Russian firm was granted its first
toehold in the lucrative Chinese fuel market with a right to run hundreds of
petrol stations with CNPC.
An industry executive told Reuters in September that Chinese authorities
would soon grant the business license, although neither firms had specified
where to build such a plant.
The CNPC-Rosneft venture has already discreetly opened an office for
engineers at a modest four-storey building for the Tianjin Harbour Industrial
Park management committee, officials said.
A spokesman for CNPC was not immediately available for comment. A
Beijing-based Rosneft official declined comment.
China aims to bring oil producers such as Saudi Arabia, Kuwait and
Venezuela into its refinery ventures in an effort to ensure a stable source of
crude supply, while turning a cold shoulder to the oil majors who were early
investors.
STRATEGIC STORAGE
The previously unannounced storage project consists of 6 million barrels of
storage for crude oil and petroleum products, which may later become part of
Beijing's emergency stockpile, officials said.
China is building up a strategic inventory to provide a supply buffer as
imports surge, but officials have been tight-lipped about their plans for fear
of stoking oil prices, which hit a record of $89 on Wednesday.
"They can be both commercial or government reserve. CNPC may have already
won the government approval for the tanks as investment in storage is very
much encouraged," said a Beijing-based official familiar with CNPC's
investment plans.
China will amass 100 million barrels of crude reserves -- or about 30 days
of imports at current rates -- at four costal sites by the end of next year
under the first-phase strategic petroleum reserve plans. But it has not yet
announced where to add the second batch of tanks expected to at least double
capacity.
Like China's other chemical industrial parks on the booming east coast that
have lured major international players such as BP (BP.L:
Quote,
Profile,
Research)
and BASF (BASF.DE:
Quote,
Profile,
Research),
the one in Tianjin has on board South Korea's LG Chemical Ltd (051910.KS:
Quote,
Profile,
Research), and state-run ChemChina, which alone pledged billions of
dollars of investment.
CNPC's plan to add a 1 million-tpy cracker at the same site will put it
head to head with rival Sinopec Corp (0386.HK:
Quote,
Profile,
Research),
which is building an almost identical unit also in Tianjin in a possible
tie-up with Saudi Basic Industries Corp (2010.SE:
Quote,
Profile,
Research).
The unit is on top of at least half a dozen crackers set to start by 2010,
as China races to close the import gap of petrochemicals to meet double-digit
growth. (For a list of Asia's new crackers, click on [ID:nSIN238701])
Sun Oil Company (Belgium) is proud to announce that ,together with parent company FL Selena,it has been
taken over by Petronas.
Petronas is one of the leading oil companies in the world; this
takeover will make it also one of the most important lubricant
suppliers in the European market.
The OEM relations and the R&D facilities of the FL Selenia Group will
both enhance the position of Petronas in Asia.
2007-09-20
Petronas - Det statsejede nationale olieselskab i Malaysia, har købt
FL Selenia, Italien, og dermed også
Sun Oil Company Belgium, for i alt 1 Milliard Euro (1,4
Billion US$)
(Fl. Selenia købte i 2006 Sun Oil Company (Belgium) N.V. i Belgien)
Petronas
Acquires Italy’s FL Selenia
By George Gill
Malaysia’s Petronas has signed an
agreement to acquire Italian automotive lubricant manufacturer
and marketer FL Selenia for €1 billion (U.S. $1.4 billion)
from affiliates of U.S. investment firm Kohlberg
Kravis Roberts and Co. L.P., which
gives Petronas a major internal
customer for the API Group III base oil plant it expects to
open in Melaka, Malaysia, next
year.
“FL would consume quite a significant quantity of
Melaka G3 base oil,”
BaharinRaoh,
general manager of lubricants business for
Petronas, told Lube Report. “Melaka
G3 base oil production would cater for other blenders as
well.”
While FL Selenia’s most recent
owners were private equity firms specializing in management
buyouts, Raoh said its acquisition
by Petronas is more of a long-term
one. “We have looked at various factors, and the deal is
attractive,” Raoh said.
The €1 billion price tag announced Thursday is almost 20
percent more than KKR paid when it bought FL Selenia in 2005
from U.S.-based private equity group
Vestar Capital Partners for €835 million. In October
2003, Vestar Capital Partners
acquired FL Selenia for €670 million from private equity firm
Doughty Hanson and Co. In 2000, Doughty Hanson bought it from
Magneti
Marelli, a Fiat joint venture auto components supplier,
for 428 million British pounds (U.S. $498 million at the time
of the acquisition).
FL Selenia markets lubricants for passenger cars, trucks, farm
equipment and motorcycles, often through tie-ins with original
equipment manufacturers. Based in Italy, the company has
operations across Europe, South America and the United States.
The entire management and staff of FL Selenia will remain with
the company, according to Petronas.
The transaction is subject to regulatory clearances.
In 2005, FL Selenia recorded €515 million (U.S. $725.6 million
at today’s exchange rates) in total revenue, including €271
million in Italy, €113 million in the rest of Europe, €64
million in South America, and €67 million in North America.
Total volume in 2005 reached 405.4 metric tons per year,
including 193.1 mt/y in Italy,
63.2 mt/y in the rest of Europe,
€79.5 mt/y in South America and
69.6 mt/y in
North America.
Petronas is Malaysia’s national
oil company. In 2008 the company expects to bring online in
Melaka a base oil refinery with
capacity to produce 5,100 barrels per day of API Group III
base oils and another 1,300 b/d of Group II.
“Now Petronas can also find a home
for its Group II/III base oils in FL branded lubricant
products,” GeetaAgashe, director of the petroleum
and energy practice at Little Falls, N.J.-based consultant
Kline and Co., told Lube Report. “FL branded products backed
by their technology can and will be introduced by
Petronas in Asia.”
The acquisition is a good way for
Petronas to realize the global aspirations of its lubes
business, Agashe said, explaining
that it adds FL Selenia’s special
expertise and geographic strength in Europe, South America and
the United States to Petronas’
existing lubricants business in Malaysia, China, Thailand,
Japan, Indonesia, Switzerland and South Africa.
“We believe that this acquisition will add critical mass to
Petronas’ lubricant business plus
provide Petronas with inroads at
some leading OEMs such as Fiat, Iveco,
New Holland and Piaggio, on both the commercial automotive –
primarily agriculture – and consumer automotive side of the
business,” she said.
Petronas had an existing agreement
under which FL Selenia markets Petronas’
fully synthetic Syntium in some
parts of Europe, while Petronas
markets FL Selenia’s products to
some OEMs in China. “This will take the
Syntium brand and make it more global,”
Agashe added.
Petronas said the acquisition
provides it with a better position to further penetrate
high-growth Asian lubricants markets.
FL Selenia was originally established in 1912 as part of
Fiat’s lubricant division with the aim of manufacturing “first
fill” lubricants for all Fiat vehicles. It entered the Italian
market in 1929. In 1976, the company became independent and
autonomously managed. Although it left the Fiat Group when it
was sold to Doughty Hanson in 2000, it continued to derive a
large amount of its revenue from factory-fill and aftermarket
sales for the Italian carmaker.
Companies acquired by FL Selenia over the years included, in
2000, U.S.-based Viscosity Oil, supplier of hydraulic
transmission fluid for agricultural equipment, from
Pennzoil-Quaker State; in 2003, RondineAzienda
Petrolchimica, an Italian toll blender of base oils,
industrial oils, lubricating greases and a wide range of
petroleum specialties; and in 2005, MisalArexons, an Italian company
producing chemical products for the automotive sector.
Momentive Performance Materials ændrer august 2007 design på
silicone patronerne. GE navnet udfases og endnu flere produkter tappes i Europa
og på ensartede ny designede patroner. De fleste produkter vil nu blive leveret
på patroner efter europæisk standard med løs spids (se billedet) Kun enkelte
specialprodukter vil fortsat komme i anden patrontype.
Overgangen til levering i de nye patroner vil ske i takt med
at lagervarer forbruges.
Tidligere har patronernes udseende varieret efter
produktionslandets standarder. Fremover vil de fleste være tappet i patroner af
europæisk standard. Det indebær løs patron spids og en patron med udvendigt
gevind på studsen. ( tidligere GE patroner tappet i europa har allerede været
efter denne standard, så her vil kunden kun opleve varemærkeskiftet og nye
farver )
Der er i denne forbindelse ingen ændringer i selve produkterne, det er kun
emballagernes tryk og patronspidser der ændres.
2007-06-26
Momentive Performance Materials annoncer nybygning af produktions
faciliteter i Indien:
Momentive Performance Materials Holdings Inc. Announces
Leadership
Change
Wilton, Connecticut – June 8, 2007 – Momentive Performance
Materials Holdings Inc.
(along with its affiliates, “Momentive” or the “Company”) today
announced the
resignation of Wayne Hewett as President and CEO. Concurrently,
Mr. Hewett has
resigned as a Director of Momentive.
“I have enjoyed my time and experiences at Momentive,” said Mr.
Hewett. “I am proud
to have overseen the business’ growth over the past several
years, and the recent
successful separation from its former parent, GE.”
Josh Harris, Chairman of Momentive, stated, “We thank Wayne for
his efforts and
accomplishments at the Company and wish him well in future
endeavors.”
In addition, Momentive is announcing the hiring of Jonathan Rich
as the new President
and CEO of Momentive. Mr. Rich is the former President of
Goodyear Tire and Rubber
Co.’s North American Tire Business, which has over $9 billion in
annual revenues and
over 27,000 employees. During his tenure with Goodyear from 2000
to early 2007, Mr.
Rich developed a strong track record of business growth and
optimization. Prior to 2000,
Mr. Rich spent 18 years employed by GE, having spent the period
from 1996 – 2000
working in the GE Silicones business, a predecessor entity to
Momentive.
“I am happy to be joining Momentive at this critical time,” said
Mr. Rich. “I believe that
my executive experiences at Goodyear, combined with my intimate
knowledge of
Momentive’s strengths and opportunities from my time at GE
Silicones, make me an
ideal candidate to lead the business towards further growth.”
A copy of this statement is posted on our website at
www.momentive.com.
About the Company
Momentive Performance Materials Inc. is a premier specialty
materials company,
providing high-technology materials solutions to the silicones,
quartz and ceramics
markets. The company is a global leader with worldwide
operations, a robust product
portfolio, industry-leading research and development
capabilities, and a long tradition of
service excellence. Momentive Performance Materials Inc. is
owned by an affiliate of
Apollo Management, L.P. Additional information is available at
www.momentive.com.
Contact:
Diana Sousa
T +1 203 761 1994
diana.sousa@momentive.com
Orapi ACQUIRES GRAMOS APPLIED
28/5/2007
The Lyon-based group Orapi, specializing in
industrial consumables (lubricants, detergents etc.), has just bought
the British company Gramos Applied, which manufactures and distributes
technical consumable products for the industrial, transport and food and
hygiene sectors. Gramos Applied generated sales of close to 17
million euros in 2006, 70% of which was in the UK, and manufactures over
3,000 product references. Through this acquisition, Orapi is
broadening its international coverage and enlarging its product range.
Silicones producer sets out from its former home under General Electric's
wing
May 7, 2007
by Michael McCoy - Chemical & Engineering News
GENERAL ELECTRIC is
routinely cited as a great company to work with and an even better
one to work for. Given GE's legendary support for its executives and
the businesses they run, it's no surprise that the company has
appeared seven times in the past decade at the top of Fortune
magazine's annual survey of the most admired corporations.
Yet on Dec. 4, 2006, GE Advanced Materials, a maker of silicones
and specialty quartz, left the GE fold to start a new life. It has
new owners, the private equity firm Apollo Management, and a new
name,
Momentive Performance Materials. Wayne M. Hewett, its chief
executive officer, now faces the daunting task of maintaining and
even increasing the business' GE-bred performance, but without the
infrastructure and support it long enjoyed.
Hewett, 42, is a product of that support system. An industrial
engineer with bachelor's and master's degrees from Stanford
University, he joined the company in 1986 in a manufacturing
management program. As a rising star at GE, he moved among multiple
divisions in positions of increasing importance before becoming head
of the advanced materials business in 2003.
Although he acknowledges that life under GE was good, Hewett
maintains that life as an independent company is going to be better.
"There's one simple reason," he says. "We were less than 2% of the
total sales of GE. When you are less than 2% of a big entity, you
get treated as less than a 2% player."
With $2.4 billion in sales last year, the operations that are now
Momentive are by no means small, but employees of a unit that size
still can feel small, Hewett explains, when they work for a company
that turns over $160 billion in sales every year. "You get into a
small-thinking mind-set, as opposed to, 'Hey, we are a very large
company—the second-largest player in silicones,' " he says.
The industry's largest player, as Hewett well knows, is Dow
Corning. A 60-year-old joint venture between Dow Chemical and
Corning, it reported sales last year of $4.4 billion, almost double
those of Momentive. More ominously, perhaps, Dow Corning's 2006
sales were 13% higher than in 2005, while Momentive's silicone sales
last year were up by only 2.4%.
Hewett claims he isn't troubled by this discrepancy. "Our
strategy starting in 2003 is that we weren't going to chase market
share," he says. Rather, his ambition is to increase sales of
specialty silicones and reduce reliance on "core" products that are
more or less commodities. Hewett says he's perfectly happy to see
Momentive's sales increase at less than the overall market, as long
as the firm is shifting to a more profitable product mix.
At the same time, Hewett concedes that he and his top managers
have been preoccupied by the sale to Apollo and the transition to
independence. As he told financial analysts in an April 5 conference
call, the company's performance during the second half of 2006
wasn't in line with the past. "Along with additional freedom comes
greater responsibility," he acknowledged.
ONE GOAL for 2007, Hewett says, will be to
complete the transition without any impact on customers. He even
thinks Momentive can save money in the process. Many industrial
mergers are driven by cost savings, but Hewett is counting on
separation from GE to save more than $15 million annually by
replacing GE-provided services with less expensive ones. "A lot of
things that make sense for a $160 billion company don't for a $2
billion company," Hewett explains.
He wants the stand-alone Momentive to maintain heritage GE
qualities like integrity and strong people development while
cultivating a degree of entrepreneurship and even aggressiveness
that it didn't possess when it was merely a small unit of GE.
Health care applications such as contacts lenses and surgical
equipment are examples of markets in which Hewett thinks Momentive
can do more. A long-standing GE policy was to avoid any product that
resided in the human body for more than 28 days. Arguably, this
stance saved GE from pursuing silicone breast implants, a product
that forced Dow Corning into almost a decade of bankruptcy.
But Hewett says it also caused GE silicones managers to take an
overly conservative approach to health care applications. "Yes, we
didn't get into implants, but the unintended consequence was to
avoid health care altogether," he points out. "Now we're taking a
fresh look at health care and seeing what comes out."
Momentive's new owners are willing to invest to achieve success
in health care and other specialized markets, Hewett says. This
trait goes counter to the reputation of private-equity-backed
companies for slashing research and capital spending, he notes.
THE COMPANY just announced plans to build a $40
million-plus joint-venture plant in China for the siloxane starting
materials that it uses to make silicones. And it's already in the
process of building silicones finishing facilities in China and
India.
As for research, Hewett observes that the firm's R&D spending was
about 3% of sales last year, up from close to 2.5% as recently as
2003. "It has steadily increased, and it's fair to say we have no
plans to reduce that," he says.
Indeed, Eric Thaler, Momentive's chief technology officer, is an
important part of the specialties drive. An inorganic chemist with a
Ph.D. from Indiana University, he is a longtime GE employee who
knows the benefits a large company can bring. Thaler joined GE in
1989 at its global research center in Schenectady, N.Y., and worked
in silicones, appliances, and quartz products before taking on his
current role in February.
When they describe Momentive's growth opportunities, Hewett and
Thaler both talk about "beacons." These are technical capabilities
that the company views as a strength, that customers perceive as
valuable, and that can be extended to new markets. Examples include
controlled wetting, surface protection, adhesion, softening and
conditioning, and emission reduction.
"We find that our biggest home run is when we can have a
collection of these beacons in a specific product that far exceeds
what the competition can do," Thaler says.
He admits that Momentive scientists have given up something by
leaving the GE family. "The biggest thing you lose is networking
capability," he says. "If something unique comes up, you have a lot
of people to reach out to."
Momentive At A Glance
Headquarters: Wilton, Conn.
Sales: $2.41 billion
Net loss: $36.9 million
R&D spending: $80.2 million
Capital spending: $170 million
Employees: 4,982
BUSINESSES (% of total sales):
Specialty silicones (52%): Silicone fluids,
resins, and elastomers for construction, automotive, home care,
and other applications; silane coupling agents; urethane additives;
consumer sealants
Core silicones (37%): Basic elastomers,
fluids, and silanes often sold to silicones formulators
Quartz (11%): Fused quartz and ceramic
materials used in semiconductors, lamp tubing, and cosmetics
Yet Thaler plans to take a cue from his previous job as global
technology manager for GE Quartz. Because of the business' small
size, he had trouble getting the attention of GE central research
and ended up developing needed R&D capabilities on his own. At
Momentive, he also wants to replicate the partnerships with
universities and other outside partners that he created in the
quartz business.
A little-noticed aspect of the deal with Apollo was GE's buyout
of two silicones joint-venture partners, Toshiba in Japan and Bayer
in Germany, and its inclusion of these ventures in the sale package.
Hewett emphasizes the operational efficiencies of this consolidation,
and Thaler likes the way it has created a unified R&D organization
out of one that was operating at three geographic poles. "Our R&D
structure wasn't optimized, and no one pushed it before," he says.
Although Thaler and Hewett both want to push their new company
toward more specialized silicones markets, at least one observer
questions whether, even free from GE, they and their colleagues
possess the corporate culture to succeed at it.
Dick Compton, CEO of NuSil Technology, a specialty silicones
producer with annual sales approaching $100 million, says he has a
lot of respect for Momentive. "The industry recognizes that Dow
Corning is number one and they are number two," he says. "There is a
fair gap between them, but both have great reputations."
From his 10 years at Dow Corning, though, Compton has concluded
that the big silicones companies have "a very difficult time" making
the shift from marketing commodities to marketing specialties. "When
they think specialties, they aren't interested in things that don't
have millions of dollars in potential," he says. "We consider a
$50,000 to $100,000 product interesting."
Compton's take is that tackling true specialty markets is not in
the culture of the big players and that they don't have the
manufacturing and record-keeping procedures to pull it off.
Hewett says he knows the hurdles. "It's not easy," he admits. "Almost
every company has a specialties strategy." But he thinks Momentive
can tip its product mix toward specialties by a percent or two a
year by focusing its research and marketing resources on its
customers' problems.
"We've come to the conclusion that there are certain fundamental
problems that we solve," Hewett says. "And if we can solve customers'
problems in the best way possible, they will buy from us."
Reinhard oil A/S Sunoco Danmark sponserer Skanderborgløbet med motorcykler
fra før 1970
Afvikles 26 maj 2007 for 11.te gang. kom tilbage og se billeder om et par
dage her på siden
GE
Silicones nyt navn
:
Forretningsområdet GE Advanced
Materials blev i Oktober 2006 solgt til
Investmentselskabet Apollo
Management. Fra December 2006
samles GE Bayer Silicones i Europa,
GE Silicones i Nord- og Sydamerika
samt GE Toshiba Silicones i
Fjernøsten under det ny varemærke Momentive
Performance Materials
GE Introduces SnapSil RTV230 Adhesive -- the
'New Glue' -- Delivering Higher Productivity for Industrial Assembly
Applications
Oct 2, 2006 Produktet er
introduceret i USA- endnu ikke i Europa
WILTON, Conn. -- GE - Advanced Materials, Silicones
announced the introduction of SnapSil(a) RTV230A/B adhesive, a two-component,
room temperature cure silicone adhesive that features a tack free time of
approximately six minutes, primerless adhesion to many substrates, and greater
flexibility in usage and storage.
SnapSil RTV230 silicone adhesive can deliver enhanced
performance in assembly applications across a wide range of industries,
including aerospace, medical, appliance and other consumer goods products.
This product is ideal in industrial assembly applications where a faster cure
speed is desired, where heat to cure an adhesive can damage components, or
where double-sided tape, mechanical fasteners, or clamps are used.
With the use of SnapSil RTV230 adhesive, industrial
assembly companies can benefit from faster property build, adhesion without
the use of a primer, energy savings as no heat is required to cure, and no
concerns over cure inhibition. Advantages over double-sided tapes, mechanical
fasteners, and clamps include flexibility in bead size and shape during
dispensing, bond strength independent of pressure, a greater capacity for
being reworked prior to curing as well as faster application speed via
automation.
"At GE, we view SnapSil RTV230 adhesive as 'the new glue'
because of its breakthrough advances in room temperature cure speed and room
temperature storage conditions, as well as the flexibility and convenience of
its packaging," said Sara Korzen, marketing manager, RTVs and Elastomers.
"SnapSil RTV230 adhesive is an excellent product for use by industrial
assembly companies pursuing more efficient production processes and higher
quality products."
SnapSil RTV230 offers convenient, easy handling. This
two-part product is available in a single cartridge that keeps the components
separate until dispensed. The cartridge design allows a standard
single-component dispensing gun to be used; special equipment is not required.
To dispense the product, the cartridge is inserted into the dispensing gun, a
static mix nozzle suitable for the 10 to 1 mix ratio is attached to the
cartridge, and then material is mixed and dispensed. For larger applications,
SnapSil RTV230 adhesive can also be packaged in pails and drums.
This new adhesive provides primerless adhesion to many
substrates, including various types of steel and aluminum, fiberglass, Formica,
polyacrylate, PVC, and glass. Lap shear testing with these substrates resulted
in 100-percent cohesive failure. Additional adhesion testing is in progress on
various substrates.
SnapSil RTV230A/B adhesive can be stored at room
temperature (temperatures below 80 degrees F) for one year from the date of
manufacture. It is currently available in white but can be customized to meet
individual needs for colors or property enhancements.
About GE - Advanced Materials
The Advanced Materials business of General Electric Company
is part of the Industrial business group and is headquartered in Wilton, Conn.
Comprised of Silicones and Quartz, GE - Advanced Materials is a global leader
in providing a range of high-technology materials solutions. The GE - Advanced
Materials, Silicones' portfolio includes silicone-based products and
technology platforms, silanes, sealants and adhesives. The Quartz portfolio
includes high-purity fused quartz and ceramics materials. These materials
solutions are used as springboards for innovation in hundreds of consumer and
industrial applications ranging from car engines and integrated circuits to
biomedical devices and cosmetics. Industries served include aerospace,
agriculture, appliances, automotive, construction, electronics, furniture and
furnishings, healthcare, home care, industrial, lighting, packaging, personal
care, plastics, semiconductor, telecommunications, tire, transportation, and
water purification. As a Worldwide Partner of the Olympic Games, GE is the
exclusive provider of a wide range of innovative products and services that
are integral to a successful Games.
Source: GE Advanced Materials
BP Solar will expand its cell manufacturing capacity in Spain
BP Solar has begun constructing a mega cell plant
at its European headquarters in Tres Cantos, Madrid. For phase 1 of the
Madrid expansion, BP Solar is aiming to expand its annual cell capacity from
55 MW to around 300 MW. This follows the announcement on 21st March of the
construction of a similar facility in Bangalore, India.
The new cell lines use state-of-the-art screen printing technology, much
of it proprietary to BP Solar. By fully automating wafer handling, the lines
will be able to handle the very thinnest of wafers available and ensuring
the highest possible quality.
Construction of the new Madrid manufacturing facility is already underway,
with the first line expected to be fully operational before the summer.
Construction has also begun on lines two and three. In addition to the new
manufacturing lines, the Tres Cantos site will be remodelled to include a
new photovoltaic (PV) systems prototype area, a visitor training centre and
product testing and development facilities.
“The announcement of the two mega cell plants cements BP Solar’s
commitment to maintain a market leadership position in PV” said Lee Edwards,
BP Solar’s CEO. “The new cell technologies we are using, our intellectual
property in casting with Mono2 and the contracts we have signed to secure
preferential access to metallurgical grade silicon are all important steps
towards our goal of offering customers PV-generated electricity on a par
with the cost of conventional grid-supplied electricity.”
The Madrid mega cell plant will be one of the largest such facilities in
Europe. Since the site was acquired by BP Solar in 2002, a tri-generation
power plant has been built providing heat and power to the site. The
facility is ISO 9001 and ISO 14001 certified.
BP Solar chose its Tres Cantos facility for one of its mega cell plants
due to confidence in the growth projections of the European market. “We
already have an established manufacturing presence in Madrid, a skilled and
talented workforce, and direct access to some of the fastest growing PV
markets in the world,” said Bertrand Boulin, BP Solar’s Vice President of
Manufacturing and Supply.
Alfredo Barrios, President of the BP Group in Spain emphasised that,
“choosing the Madrid site for one of BP Solar’s mega cell plants is
fantastic news that underlines the BP Group’s backing of the development of
the Solar Industry in Spain. It is also testament to the excellent work of
BP employees and strong linkages fostered with the local authorities,
showing the confidence BP has in the future of solar energy in Spain.”
Scanoco / Scandinavian Oil Company A/S,
Ålborg er erklæret konkurs den 28 februar 2007.
Cvr-nr:
26316146
Navn:
SCANDINAVIAN OIL COMPANY A/S
Adresse:
Jellingvej 26
9230 Svenstrup J
Kommune:
Aalborg
Registreringer:
Offentliggjort 23.03.2007
Konkursdekret afsagt 28.02.2007 af skifteretten i Aalborg.
Dec. 21, 2006
Anderol s ejer forhold vil skifte
Chemtura
Announces Intent to Acquire Kaufman Holdings
Chemtura to Gain Strong Positions in High-Growth
Lubricants for CFC-Free Refrigeration Compressors and High-Purity
Synthetic Lubricants
MIDDLEBURY, Conn. and FORDS, N.J. – Dec.
21, 2006 – Chemtura Corporation (NYSE: CEM) and Kaufman Holdings
Corporation announced today that they have signed a letter of intent
for Chemtura to acquire Kaufman’s stock in a cash transaction
expected to close in the first quarter of 2007. Terms of the
transaction, which is subject to final negotiations and regulatory
approval, were not disclosed.
“Through this transaction, Chemtura would gain strong positions in
two exciting new markets: high-growth lubricants for CFC-free
refrigeration compressors and high-purity synthetic lubricants,”
said Chemtura Chairman and CEO Robert L. Wood.
“Chemtura has the global scale and specialty chemical expertise
needed to maximize the potential of these dynamic businesses,” said
Kaufman President and CEO Alex Kaufman.
Kaufman is a privately-held corporation with approximately 300
employees and 2006 revenues in excess of $200 million. It has
manufacturing facilities in Fords and East Hanover, N.J. and
Oakville, Canada.
Kaufman includes two operating companies, 1) Hatco Corporation, a
worldwide leading producer of polyol esters used for technically
demanding synthetic lubricant applications, including aviation
turbine oils and lubricants for CFC-free refrigeration compressors;
and 2) Anderol, Inc., a worldwide leader in high-purity, synthetic
lubricants used in demanding aviation and industrial applications
such as compressors, bearings, gears and food-grade machinery.
Kaufman Holdings Corporation
Kaufman Holdings Corporation is a leading producer of specialty
chemicals for use in the automotive, aviation, refrigeration,
industrial, cosmetic and personal care markets. It serves customers
and markets through a global network of integrated sales,
production, research, technical service and distribution facilities.
Chemtura Corporation
Chemtura Corporation, with pro forma 2005 sales of $3.9 billion, is
a global manufacturer and marketer of specialty chemicals, crop
protection and pool, spa and home care products. Additional
information concerning Chemtura is available at www.chemtura.com.
Forward-Looking Statement Certain statements made in this release
are forward-looking statements that involve risks and uncertainties,
including, but not limited to, general economic conditions;
significant international operations and interests; the outcome and
timing of antitrust investigations and related civil lawsuits to
which Chemtura is subject; the ability to obtain increases in
selling prices; the ability to retain sales volumes in the event of
increasing selling prices; the ability to absorb fixed cost overhead
in the event of lower volumes; pension and other post-retirement
benefit plan assumptions; energy and raw material prices,
availability and quality; production capacity; changes in interest
rates and foreign currency exchange rates; changes in technology,
market demand and customer requirements; the enactment of more
stringent environmental laws and regulations; the ability to realize
expected cost savings under Chemtura’s cost-reduction initiatives;
the ability to successfully execute our portfolio divesture plan;
the ability to reduce Chemtura’s debt levels; the ability to
successfully integrate the Crompton and Great Lakes businesses,
operations and information systems and achieve anticipated benefits
from the Merger, including costs savings and synergies; and other
risks and uncertainties detailed in filings with the Securities and
Exchange Commission by Chemtura or its predecessor companies. These
statements are based on Chemtura’s estimates and assumptions and on
currently available information. The forward-looking statements
include information concerning our possible or assumed future
results of operations. Chemtura’s actual results may differ
significantly from the results discussed. Forward-looking
information is intended to reflect opinions as of the date this
release was issued and such information will not necessarily be
updated by Chemtura.
15-12-2006
Vor logistikpartner incl. lagerhotel, Bøje Andersen Spedition A/S fusionerer med
Bendix Transport Danmark A/S per 1. Januar 2007
Adresse, telefon nr, fax nr og kontaktpersoner forbliver de samme
indtil videre.
2006-12-06
FL Selenia acquires
Sun Oil Company(Belgium) !
from the Sun Oil Company (Belgium) N.V. homepage:
Please be informed that Sun Oil Company(Belgium) N.V.
located at Aartselaar, Belgium, has been acquired by FL Selenia
Villastellone (Torino), a leading producer of lubricants and greases with
blending plants in Villastellone, Napoli, Pero, all in Italy, Canovelles in
Spain, Belo Horizonte in Brazil and now Hemiksem in Belgium.
The company FL Selenia was established in 1912 as
the Lubricants Division of the Fiat Group and is now one of the largest
independent international operators, with direct sales organisations in the
major European countries, as well as in North and Latin America, having one
of the most advanced R & D facilities in Europe, connected to the most
important technical databases.
The acquisition of Sun Oil Company(Belgium) N.V.
will allow FL Selenia to develop productive synergies, in order not only to
maintain the presence of the Sunoco and Suniso products in Europe, Middle
East, Africa and in Latin America, but also to strengthen its position in
these markets.
The current management, sales, technical,
administration, blending and canning activities of Sun Oil Company(Belgium)
N.V. will remain in Aartselaar and Hemiksem and resp. in Rotterdam for
Sunoco Holland.
We rely upon your continued confidence and remain,
Yours sincerely,
E. Mannaerts,
Managing Director
2006-12-05
GE Bayer Silicones - GE Silicones GE Advanced materiels GE
- Toshiba Silicones er fusioneret og fået nyt navn: Momentive
Performance Materials. Ny ejer er Apollo Management Group.
Release date: October 27, 2006
Press Release
Anderol Company
Anderol Achieves AS9100 Certification
East Hanover, NJ (October 27, 2006) - Anderol Inc., a leading worldwide
manufacturer of synthetic lubricants, today announced that it has
achieved AS9100 certification. This certification was awarded to Anderol
for design and manufacture of high quality lubricants for the aerospace
industry. The standard supplements ISO 9001:2000 quality management
system, and assures Anderol's customers that the company conforms to a
set of internationally-recognized quality standards.
"Our compliance to the industry-recognized AS9100 standard demonstrates
our commitment to a high standard of quality for products used in
critical applications," says John A Pannucci, COO of Anderol. "We
believe this certification benchmarks Anderol's operational excellence
and helps us maintain and grow our strong position in the aerospace
industry," adds Ed Edelson, quality systems manager at Anderol.
The AS9100 standard was established by the International Aerospace
Quality Group (IAQG) for the purpose of achieving significant industry
improvements in quality, and reductions in cost throughout the value
stream/supply chain. Anderol achieved certification following an
extensive audit, which necessitated meeting a rigorous set of
industry-specific requirements.
The certification was conferred upon Anderol by the SGS Group, an
inspection, verification, testing and certification company.
For more information on Anderol's products and services, please contact:
Jane Cohen at (973) 887-7410 ext. 1113 or Kristina Sterni at (973)
887-7410 ext. 1115 or via e-mail at info@anderol.com
Reinhard Oil lagerfører en del af Anderols kvalitetets produkter i
Danmark
www.reinhardoil.dk
2006-09-08
Hvad skete der egentlig den 11 september 2001 En bygning mere styrtede
sammen, hvem forårsagede den sammenstyrtning ?
klik på link til "Ingeniørens"
meget foruroligende artikkel om 5 års hemmeligholdte informationer:
Flot sejr til Tom K Tom Kristensen hentede søndag sæsonens tredje internationale
sejr, da han i sin Audi vandt DTM-løbet på Zandvoort med føring fra start til
mål. Med sejren halede Kristensen ind på den førende Bernd Schneider før de ..læs videre
2006- 08-08
Israels bombning af Lebanon juli/august 2006 skaber oliekatastrofe
og miljøsvineri, der
måske overgår Exxon Valdez katastrofen1989 i omfang.
United
Nations Environment Program
Sunoco Announces Planned Maintenance
Schedule at Philadelphia Refinery
Feb 15, 2006 /PRNewswire-FirstCall
via COMTEX News Network/ -- Sunoco, Inc. announced today that it will be
starting planned maintenance next week that was originally scheduled for
third quarter 2006, on its largest crude unit at the Philadelphia refinery.
On or about February 19, 2006, the 200 thousand barrels-per-day crude
unit at the refinery will undergo an approximately 20-day turnaround. Some
other refinery process units are also planned to undergo routine maintenance
during this same time period. This will result in a reduction of four to
five million barrels of production during the first quarter 2006.
Sunoco, Inc. (NYSE: SUN), headquartered in Philadelphia, PA, is a leading
manufacturer and marketer of petroleum and petrochemical products. With
900,000 barrels per day of refining capacity, approximately 4,800 retail
sites selling gasoline and convenience items, approximately 4,500 miles of
crude oil and refined product owned and operated pipelines and 38 product
terminals, Sunoco is one of the largest independent refiner-marketers in the
United States. Sunoco is a significant manufacturer of petrochemicals with
annual sales of approximately five billion pounds, largely chemical
intermediates used in the fibers, resins and specialties markets. Utilizing
a unique, patented technology, Sunoco also currently has the capacity to
manufacture over 2.5 million tons annually of high-quality
metallurgical-grade coke for use in the steel industry. For additional
information, visit Sunoco's Web site at http://www.SunocoInc.com.
SOURCE Sunoco, Inc.
NovoZymes sponsorerer Racing Team Ethanol Car USA
Metanol brændstoffet står til udskiftning med Ethanol på Indianapolis
Sunoco Announces Planned Maintenance
Schedule at Philadelphia Refinery
Feb 15, 2006 /PRNewswire-FirstCall
via COMTEX News Network/ -- Sunoco, Inc. announced today that it will be
starting planned maintenance next week that was originally scheduled for
third quarter 2006, on its largest crude unit at the Philadelphia refinery.
On or about February 19, 2006, the 200 thousand barrels-per-day crude
unit at the refinery will undergo an approximately 20-day turnaround. Some
other refinery process units are also planned to undergo routine maintenance
during this same time period. This will result in a reduction of four to
five million barrels of production during the first quarter 2006.
Sunoco, Inc. (NYSE: SUN), headquartered in Philadelphia, PA, is a leading
manufacturer and marketer of petroleum and petrochemical products. With
900,000 barrels per day of refining capacity, approximately 4,800 retail
sites selling gasoline and convenience items, approximately 4,500 miles of
crude oil and refined product owned and operated pipelines and 38 product
terminals, Sunoco is one of the largest independent refiner-marketers in the
United States. Sunoco is a significant manufacturer of petrochemicals with
annual sales of approximately five billion pounds, largely chemical
intermediates used in the fibers, resins and specialties markets. Utilizing
a unique, patented technology, Sunoco also currently has the capacity to
manufacture over 2.5 million tons annually of high-quality
metallurgical-grade coke for use in the steel industry. For additional
information, visit Sunoco's Web site at http://www.SunocoInc.com.
SOURCE Sunoco, Inc.
Januar 2006
Reinhard Oil og Sunoco MOTO er nu et stort program i motorolier til 2T og
4T.
Vi udvider lagersortimentet som efterspørgslen stiger.
GE and the City of Torino Unveil Monument in
Piazza Solferino to Commemorate Torino 2006 Olympic Winter Games
BERGEN OP ZOOM, THE NETHERLANDS - February 1, 2006 - GE, a worldwide partner
of the Olympic Games, and the city of Torino today unveiled an
Olympic-themed monument dedicated to the residents and visitors of the city
for the Torino 2006 Olympic Winter Games. Torino Mayor Sergio Chiamparino
and president of GE Italy Giuseppe Recchi attended the event at the GE Ice
Plaza in Piazza Solferino, in the heart of Torino's historic city center,
where the...click here
to read the full story
Mixed fleet engine oil SAE 15W40, suitable for virtually all (including
recent model) passenger cars, many light and heavy trucks and busses
as well as for off-the-road and stationary equipment. Meets latest API
and ACEA engine oils requirements.
Application :
For the lubrication of gasoline and diesel engines requiring an engine
oil with one or more of the below mentioned API or ACEA specifications.
This oil is particularly suitable for engines with EGR (= exhaust gas
recirculation) systems and for most engines equipped with a NOX
reduction system (SCR).
Specifications :
API CI-4 / CH-4 / CG-4 / CF / SL
ACEA A3 / B3 / B4 / E3 / E5 /E7
MB 228.3
MB 229.1
Cummins 20071/76/78
Cummins 20072/77
MAN M3275
MACK EO-M & EO-M Plus
Volvo VDS-3
VW 505.00
Allison C-4
MTU Type II
Properties :
- Improved dispersancy through highly effective additive technology.
- Greater protection against soot EGR induced wear and sludge
formation.
- More effective use of TBN to neutralise extra EGR related acid.
- Offers both improved “bore polishing” and “corrosion” protection .
- Pistons and valves/valve trains keep extremely clean.
- Exhaust gas catalyst compatible.
ANDEROL Receives Compressor Lubricant Testimonial
ANDEROL FGC 20 Performs Admirably in Atlas Copco GA Compressors
by Darren J. Lesinski, Technical Service Manager
ANDEROL Inc. receives a key testimonial for the ANDEROL FGC 20,
a food grade compressor lubricant, for use in Atlas Copco "GA"
machines. "In particular, ANDEROL FGC 20 has performed admirably
in Atlas Copco GA machines with no concerns or deleterious
effects toward the mechanical components," states Joseph
D'Ambrosio, President of Air Power of New England. "Further,
ANDEROL FGC 20 has met its 'advertised' lubricant life, ranging
from 2,000 to 4,000 hours, dependant on discharge temperature
and duty cycle."
ANDEROL FGC 20 is part of a full line of synthetic lubricants
for use in the Food & Beverage industry. This testimonial shows
the commitment ANDEROL Inc. places on performance in plant
critical applications.
[PRINTER FRIENDLY VERSION]
Ovenstående motorolier vil blive opgraderet til ACEA 2002 performance level I
takt med at gamle lagre forbruges. På gund af opgraderingen vil olierne blive
lidt lysere.
Forza 15W40 og Super HPD 4,5 , Forza 10W30 og 20W50HC typisk 4.0.
*******
We are glad to inform you that these engine oils will be upgraded to meet the
ACEA 2002 performance level after depletion of our actual stocks. Due to this
upgrade the colour of these products will be lighter.
(Forza 15W40 typical 4.5; Forza 10W30 & 20W50
HC
typical 4.0; Super HPD 15W40 typical 4.5).
*******
Nous vous informons qu’après épuisement du stock actuel, ces lubrifiants
seront réévalués et qu’ils présenteront un degré de performance ACEA 2002. La
couleur de ces produits sera plus claire. (Forza 15W40 typique 4.5; Forza 10W30
& 20W50
HC
typique 4.0; Super HPD 15W40 typique 4.5).
*******
Wir möchten Ihnen mitteilen das, nach Erschöpfung des aktuellen Vorrats,
dieser Produkte nach ACEA 2002 aufgewertet werden. Farbe ist heller.
(Forza 15W40 typisch 4.5; Forza 10W30 & 20W50
HC
typisch 4.0; Super HPD 15W40 typisch 4.5).
*******
Wij delen u hierbij mede dat, na uitputting van de huidige voorraad, deze
motoroliën tot het niveau ACEA 2002 opgewaardeerd worden. De kleur zal echter
lichter worden.
(Forza 15W40 typisch 4.5; Forza 10W30 & 20W50
HC
typisch 4.0; Super HPD typisch 4.5).
PI999 / 06-05 - TCS
Besøg vor hjemmeside : reinhardoil.dk
Sunoco motorolie opgraderingsoversigt per 2005- july 13th.
Produkt
API
ACEA
Futura 10W40 SL/CF
A3B3
Synturo 0W30 LL2
A1B1
Synturo Gold 5W40 SL/CF
A3B3B4
Synturo 5W50
SH/CD
Synturo 10W60 SH/CD
Ultra SS 5W30
SJ
A1B1
Ultra SS 0W40
SL/CF
A3B3
Super C Euro 15W40 CI-4/CH4/CF/SL A3B3B4E3E5
Forza 15W40
CG-4/CF/CE/SL A3B3B4E2
UFO-TDX 15W40 SG/CE/CF-4
A2B2E1
Yderligere teknisk information om Smøremidler og Sunoco kan kan hos
Steen Qvist Telefon +45 70 26 70 07 IP telefon(Fonet) 77347007
ASPO Ireland is being established as a non-profit entity, and seeks to open a
small office with appropriate staff. Generous contributions have already been
received from benefactors, but more substantial funding will be needed.
Any offers or ideas in this direction will be very welcome. Donations of any
amount can be made at:
Marcus Hook, PA,
July 6, 2005 – Sunoco’s General Manager of Performance Products and
Automotive Events, Rob Marro, confirmed today that Sunoco will be introducing a
new race gas specifically designed for applications in sustained high load/high
RPM conditions. This ultra high performance product will be recommended for
four-stroke engines with compression ratios exceeding 14:1.
“All indications from
competitors and engine builders who have been working with us to develop and
test this product is that Sunoco Race Fuels has taken another giant step in
leading the way in producing quality winning gasolines for the motorsports
industry,” Marro commented.
Official release of the new
product was initially targeted for the 2006 season but Marro stated that the
demand and excitement displayed by the test participants has led to the 2005
offering. For more information on when and how you can order this and all
Sunoco Race Fuels, call 1-800-RACE GAS (1-800-722-3427).
23 Marts 2005
Crompton
Sells Refined Products Unit
By Tim Sullivan
Crompton Corp. on Thursday announced an agreement to sell its Refined Products
business – a leading producer of white oils and petrolatums – to Sun Capital
Partners Group Inc., a private investment firm based in Boca Raton, Fla.
Although the transaction includes a Dutch plant that makes sodium sulfonates,
Crompton said it signed a long-term agreement to keep control of that business.
The deal calls for Sun Capital to pay $80 million for Refined Products, a unit
that recorded revenues of $265 million in 2004 and employs 470 people. Sun
Capital will acquire four plants – one in Petrolia, Pa., the others in
Amsterdam, Koog aan de Zaan and Haarlem, the Netherlands.
Together, Crompton claims, those facilities make Refined Products the world’s
largest dedicated supplier of white oils, petrolatums, microcrystalline waxes
and other refined hydrocarbons. Those products are used to make air-conditioning
and refrigeration lubricants and in applications such as personal care,
cosmetics, pharmaceutical ointments, food processing and agricultural sprays.
Crompton, a specialty chemical company based in Middlebury, Conn., said it is
selling the unit to focus on other activities.
“This sale is part of our plan to divest non-core assets and businesses and
focus our resources on the businesses that will produce the greatest results for
us and provide the best fit with our business strategy,” Chairman and Chief
Executive Officer Robert L. Wood said.
Sun Capital, which engages mostly in leveraged buyouts of middle market
companies, said it likes the leading position of its prospective acquisition.
“Refined Products is a global leader in its market niche, with a reputation for
manufacturing high-quality products to its broad and diversified customer base,”
Vice President Michael Fieldstone said. Other companies in Sun Capital’s
portfolio range from Sam Goody record stores to Brueggers’ bagel restaurants,
and various manufacturers of specialty papers, aluminum siding, plumbing
fixtures and electronic circuit boards, an Angus beef processors and a cookie
and confectionary company. Sun Capital has a reputation of targeting bankrupt
and underperforming properties for acquisition and turnaround.
The Refined Products sale is subject to regulatory and other approvals and the
negotiation of certain ongoing supply arrangements. Crompton and Sun Capital
expect it to close within 60 days.
Crompton was quick to point out that it retains control of the natural sodium
sulfonate business, issuing a separate statement to emphasize that point. The
company said it has entered a long-term supply agreement under which its own
employees will continue managing sulfonate production at the Amsterdam plant,
the only facility within Refined Products to make the material. Crompton will
also coordinate customer service and technical support worldwide.
Officials said Crompton entered the agreement to ensure stable supply to the
industry. Natural sodium sulfonates have long been a choice ingredient for
emulsification and corrosion protection in metalworking fluids, but the market
underwent an upheaval after Shell Oil’s 2003 closure of its Martinez, Calif.,
base oil plant, formerly the world’s largest source of natural sulfonates. Since
then, a variety of companies have offered synthetic sulfonates and other
products as alternative solutions.
“This contract shows our continued commitment to meeting global customer demand,
now and for years to come, and demonstrates our firm belief in the growth
potential of this market,” Wood said.
Crompton markets its sulfonates under the Petronates line for grease and
industrial and transport lubricant applications. Brand names include LoBase,
HyBase and Calcinate.
Anderol Inc.
215 Merry Lane
PO Box 518
East Hanover, NJ 07936 USA
Main Phone: +1 (973) 887-7410
Main Fax: +1 (973) 887-6930
Website: www.anderol.com
December 10, 2004
NAME CHANGE
ANDEROL FGC SERIES
Dear Business Partner:
To better serve our customers, Anderol Inc., has elected to
change the name of the
ANDEROL FGC Series to reflect the ISO viscosity grade. We have
registered the
NEW names with NSF. The following table reflects the changes:
ANDEROL FGC 5 (in Europe)
ANDEROL FGC 5
ANDEROL FGC 5 (in US)
ANDEROL FGC 15
ANDEROL FGC 10
ANDEROL FGC 32
ANDEROL FGC 20 ANDEROL FGC 46
ANDEROL FGC 30 ANDEROL FGC 68
ANDEROL FGC 40 ANDEROL FGC 100
ANDEROL FGC 150 ANDEROL FGC 150
This change is effective
January 1,
2005.
Regards,
Garrett M. Grega
Global Marketing Manager
19-11-2004 Så
kan det ikke siges tydeligere
This newsletter contains an official news release from the
YUKOS Oil Company. For more information, please visit our official website at
www.yukos.com or contact the YUKOS
International Information Department at
inter@yukos.ru.
YUKOS Oil Company President and CEO Steven Theede today
released the following statement regarding the announced sale of Yuganskneftegas
by the Russian Government:
This is a sad day for Russia and its people.
Today's announcement is both stunning and expected. Stunning because it is
such a bold demonstration of the contempt the government has for the rule of law.
Expected because given the way this case has developed the outcome was
determined long ago.
YUKOS has consistently maintained that there are fundamental flaws with the
government's proposed actions. Among them:
The sale is clearly illegal under Russian law, which states that non-core
assets are to be disposed of first in tax settlement cases. Yuganskneftegas is
the heart of Yukos, and its sale will lead to the destruction of the most
efficient Russian oil company, and the one that has attracted the most western
investment. The President, the Russian administration, and the Russian
government, by ignoring the illegalities being perpetrated are in effect
condoning the illegalities.
This expropriation makes a mockery of the protection of private property
so eloquently championed by the President earlier in the week. The sale is
made possible by the government's creation of a completely artificial cash
crisis brought on by the freeze of assets and bank accounts, and through
preposterous and absurd tax claims in excess of the company's revenues.
The starting bid price bears no resemblance to the true value of
Yuganskneftegas, one of the world's premier oil production companies, and
amounts to theft of YUKOS assets. YUKOS has fueled the rebirth of the Russian
oil industry since 1999, largely through its development of Yuganskneftgas.
The sale of Yuganskneftegas at a low price increases the probability that the
Russian government will then proceed to steal more of YUKOS assets through
artificial sales to meet artificial tax bills.
Since 1991, Russia has been on a slow but steady path towards building the
foundations of a modern market economy. Today's decision marks a setback that
the world community, and international investors, must condemn.
What we are witnessing is, simply put, a government organized theft to settle
a political score
Rusland Reducerer
råolie leverancerne til Kina resten af 2004 startende 28 september 2004
YUKOS oil production remains constant.
As of 28
September 2004, Yukos will temporarily suspend a portion of its direct
exports to China representing about 1 million tons until the end of 2004.
This suspension is due to Yukos’s inability to continue pre-financing of
exports to China National Petroleum Corporation. YUKOS notified its Chinese
partners last week of the export changes.
Yukos
will not reduce current production levels, but will redirect these Chinese
export volumes into other crude oil marketing channels. Yukos hopes to
resume exports to China National Petroleum Corporation as soon as possible.
Forward-looking statements. Some of the information in this press release
may contain projections or other forward-looking statements regarding future
events or the future financial performance of YUKOS. We caution you that
these statements are not guarantees of future performance and involve risks,
uncertainties, and assumptions that we cannot predict with certainty.
Accordingly, our actual outcomes and results may differ materially from what
we have expressed or forecasted in the forward-looking statements. We do not
intend to update these statements to make them conform with actual results.
International Information Department
Hugo Erikssen
+7 095 540 6313
inter@yukos.ru
Press Service
Alexander Shadrin
+7 095 785-08-55
pr@yukos.ru
Investor Relations Contact
Alexander Gladyshev
+7095 788 00 33
investors@yukos.ru
Thursday, January 29, 2004; By Steven Gray, Washington
Post Staff Writer
Sunoco køber 385 Mobil Oil Stationer
Sunoco Buys Mid-Atlantic Mobil Pumps * $187 Million Deal
For 385 Stations
Sunoco Inc. agreed to buy 385 gasoline stations from
ConocoPhillips for $187.4 million plus the value of
inventory, sharply expanding the Philadelphia-based oil
company's operations in the Washington region.
As a result of the deal, Mobil-branded gas stations in the
mid-Atlantic region would be converted to the Sunoco label.
Some stations would be renovated, or demolished and rebuilt
unoco design model, a company spokesman said yesterday.
The purchase, which is subject to Federal Trade Commission
approval, would increase the number of Sunoco stations to
245 from 86 in Maryland, to 240 from 88 in Virginia, to 82
from 28 in Delaware and to six from three in the District.
Sunoco also said it will buy 17 distributor sites in West
Virginia, Pennsylvania and New Jersey.
"We've been in the area many years. People know us up and
down the Northeast I-95 corridor, so there's brand
recognition for Sunoco," said Gerald T. Davis, a Sunoco
spokesman.
Last week, Sunoco reported fourth-quarter profit of $36
million, down from $61 million during the same period of
2002. The company said this month that it had completed the
purchase of the Eagle Point Refinery in Westville, N.J., for
$111 million. Sunoco expects the purchase to increase its
refinery processing capacity by 20 percent, to 880,000
barrels a day.
Houston-based ConocoPhillips also agreed Tuesday to sell 795
Mobil-branded stations in New Jersey and Pennsylvania to
Getty Petroleum Marketing Inc., a unit of Lukoil Oil Co. of
Russia, for $266 million. ConocoPhillips is seeking to raise
$4.5 billion in capital this year to reduce debt acquired
during the 2002 merger of Conoco Inc. and Phillips Petroleum
Co.
SUNOCO SIGNS 10-YEAR
AGREEMENT TO BECOME
OFFICIAL FUEL OF NASCAR BEGINNING IN 2004
DAYTONA BEACH (Aug. 15, 2003) – The
National Association for Stock Car Auto Racing (NASCAR)
announced today that Sunoco (NYSE: SUN), the world’s largest
manufacturer of premium racing gasoline, will become the
"Official Fuel of NASCAR," beginning with the 2004 season.
Under the 10-year agreement, Sunoco will
provide racing gasoline for NASCAR’s three national series –
the NASCAR Winston Cup Series, NASCAR Busch Series, and
NASCAR Craftsman Truck Series.
Sunoco, a leading manufacturer and
marketer of petroleum and petrochemical products,
distributes gasoline to more than 400 race tracks in the
United States. Sunoco already has a relationship with NASCAR
as the gasoline supplier to approximately 80% of the NASCAR
Dodge Weekly Series that competes at 75 tracks.
"Because our sport literally runs on
gasoline, this partnership is one of the most important
relationships for NASCAR," NASCAR President Mike Helton said.
"Sunoco has a well-earned reputation for producing the
highest-quality racing gasoline and for reliably
distributing it to race tracks. In our NASCAR Dodge Weekly
Series association with Sunoco, we have been impressed with
Sunoco’s people, products and passion for our sport. We are
proud to welcome them as the Official Fuel of NASCAR."
"While Sunoco is already the authorized
gasoline manufacturer for more than 30 racing series, we are
extremely proud of this partnership with NASCAR, one of the
world’s premier motorsports and the epitome of
performance-based competition," said Robert Owens, senior
vice president, Sunoco.
"Sunoco has enjoyed a reputation for
producing high-quality race gasoline for more than two
decades. Through our dedicated manufacturing facility in
Marcus Hook, Pa., Sunoco produces racing gasoline that
delivers the exact components, exactly the same way, every
time. This partnership with NASCAR is a crowning achievement
for our performance products."
Sunoco will replace Conoco Phillips’
Unocal "76" brand as the official fuel provider of NASCAR in
2004. After the recent merger of Conoco, Inc. and Phillips
Petroleum Company, the company’s marketing strategy shifted;
Conoco Phillips chose not to renew the 76 fuel supplier
contract, which expires at the end of the 2003 season.
"Unocal 76 has been a trusted and valued
partner for more than 40 years," Helton said. "We’ve enjoyed
our long and successful relationship, and would like to
thank 76 for their support and partnership in helping grow
NASCAR through the years."
Sunoco, Inc. (NYSE:SUN), headquartered in
Philadelphia, Pa., is a leading manufacturer and marketer of
petroleum and petrochemical products. With 730,000 barrels
per day of refining capacity, approximately 4,500 retail
sites selling gasoline and convenience items, interests in
almost 11,000 miles of domestic crude oil and refined
product pipelines and 34 product terminals, Sunoco is one of
the largest independent refiner-marketers in the United
States. Sunoco is a growing force in petrochemicals with
approximately 6 billion pounds of annual sales, largely
chemical intermediates used in the manufacture of fibers,
plastics, film and resins. Utilizing a proprietary
technology, Sunoco also manufactures 2 million tons annually
of high-quality blast furnace coke for use in the steel
industry. For additional information, visit Sunoco’s Web
site at www.sunocoinc.com.
Sunoco Performance Products, with a
distributor network selling and promoting three racing
gasoline brands – Sunoco Race Fuels, Turbo Blue Racing
Gasolines, TRICK Racing Gasoline – offers information on
these products on the following web sites: Sunoco Race Fuels
at
PR-Sunoco Makes Long Term
Commitment to Grand-Am
Nov 1, 2003 12:40 am - Posted by johncdavison, RIS
Staff
DAYTONA BEACH, Fla. (October 31, 2003) - RIS - Grand
American Road Racing Association and Sunoco have
announced an agreement that will make Sunoco Race
Fuel the official gasoline of Grand American Road
Racing for the next 10 years. Under the agreement,
Sunoco, the world’s largest manufacturer of premium
racing gasoline, will provide racing gasoline for
the Grand American Rolex Sports Car Series and
Grand-Am Cup Series.
"This long term commitment by Sunoco is coming at
the perfect time," noted Grand American President
Roger Edmondson. "With the emergence of Daytona
Prototypes as the long term vision for the sports
car racing in America, having a multiyear commitment
from our fuel partner is another sign that the
direction of the Rolex Sports Car Series and its
North American Road Racing Championship is being
supported by competitors and suppliers alike."
Sullivan Sports Marketing, whose marketing work with
Grand American was announced on Thursday, assisted
in the facilitation of the relationship between
Sunoco and Grand American. "Sullivan Sports
Marketing is proud to have been a part of the
formation of this partnership, and we look forward
to working with Sunoco as part of the Grand American
marketing effort in years to come," remarked Greg
Sullivan.
Sunoco, Inc. (NYSE: SUN), headquartered in
Philadelphia, Pa., is a leading manufacturer and
marketer of petroleum and petrochemical products.
With 730,000 barrels per day of refining capacity,
over 4,600 retail sites selling gasoline and
convenience items, interests in almost 11,000 miles
of domestic crude oil and refined product pipelines
and 34 product terminals, Sunoco is one of the
largest independent refiner-marketers in the United
States. Sunoco is a growing force in petrochemicals
with approximately six billion pounds of annual
sales, largely chemical intermediates used in the
manufacture of fibers, plastics, film and resins.
Utilizing a proprietary technology, Sunoco also
manufactures two million tons annually of
high-quality blast furnace coke for use in the steel
industry. For additional information, visit Sunoco's
website at
www.SunocoInc.com.
Grand American Road Racing Association is the
sanctioning body for the Grand American Rolex Sports
Car Series, Grand-Am Cup Series and North American
Ferrari Challenge. Headquartered in Daytona Beach,
Fla., Grand American will enter its fifth season of
racing with the running of the Rolex 24 At Daytona,
January 29 - February 1.
More information on Grand American Road Racing
Association is available online at
www.grandamerican.com.
18-08-2003-08-19
Sunoco
to Become Official Fuel of NASCAR in 2004 Unocal
76 Opts Out as Race Fuel Provider
Beginning
with the 2004 season, Sunoco will become the “Official
Fuel of NASCAR,” announced the organization last week.
Under the 10-year agreement, Sunoco will provide racing
gasoline for NASCAR’s three national series—the NASCAR
Winston Cup Series, NASCAR Bush Series and NASCAR
Craftsman Truck Series.
Sunoco,
which distributes gasoline to more than 400 racetracks in
the United States, already has a relationship with NASCAR
as the gasoline supplier to approximately 80 percent of
the NASCAR Dodge Weekly Series that competes at 75 tracks.
“Because
our sport literally runs on fuel, this partnership is one
of the most important relationships for NASCAR,” said
NASCAR President Mike Helton. “Sunoco has a well-earned
reputation for producing the highest-quality racing
gasoline and for reliably distributing it to race tracks.
In our NASCAR Dodge Weekly Series association with Sunoco,
we have been impressed with Sunoco’s people, products
and passion for our sport. We are proud to welcome them as
the Official Fuel of NASCAR.”
“While
Sunoco is already the authorized gasoline manufacturer for
more than 30 racing series, we are extremely proud of this
partnership with NASCAR, one of the world’s premier
motorsports and the epitome of performance-based
competition,” said Robert Owens, senior vice president
Sunoco. “Sunoco has enjoyed a reputation for producing
high-quality race gasoline for more than two decades. This
partnership with NASCAR is a crowning achievement for our
performance products.”
Sunoco
will replace ConocoPhillips’ Unocal “76” brand.
After the recent merger of Conoco, Inc. and Phillips
Petroleum Company, the company’s marketing strategy
shifted; ConocoPhillips chose not to renew the 76 fuel
supplier contract, which expires at the end of the 2003
season.
“Unocal
76 has been a trusted and valued partner for more than 40
years,” Helton said. “We’ve enjoyed our long and
successful relationship and would like to thank 76 for
their support and partnership in helping grow NASCAR
through the years.”
Sunoco
køber 193 service stationer for 1 Milliard
DKK
primært
beliggende i staterne Florida og South Carolina.
Gennemsnitlig
måneds omsætning per salgssted er 700.000 Liter
benzin
og 630.000
DKK kiosksalg
SUNOCO
ANNOUNCES PURCHASE OF RETAIL OUTLETS
FROM SPEEDWAY SUPERAMERICA LLC
PHILADELPHIA, Februar 7, 2003 -- Sunoco, Inc. (NYSE: SUN)
today announced that it has signed a definitive agreement
with Speedway SuperAmerica LLC, a subsidiary of Marathon
Ashland Petroleum LLC, to purchase 193 of Speedway
SuperAmerica's direct retail sites in the Southeast U.S.
All of the sites are company-operated locations with
convenience stores, with 115 sites located in Florida,
62 in South Carolina, 13 in North Carolina, and 3 in
Georgia. The sites will be re-branded to Sunoco
gasoline
and APlus(r) convenience stores. The majority of the
sites are owned in fee, with 54 subject to long-term
lease agreements. The purchase price is $140 million
plus inventory. This transaction is subject to
regulatory approval.
"This opportunity fits our long-term strategy to build
a retail and convenience store network that will provide
attractive long-term returns. These sites, which
average
over 175,000 gallons per month of gasoline sales and
$90,000 per month of food store sales, fit that
competitive profile," said Sunoco Chairman and Chief
Executive Officer, John G. Drosdick. "We have
been
pleased with our recent reentry into the Southeast,
where the Sunoco Brand is well recognized. The
addition
of these high volume, large footprint convenience stores,
gives Sunoco critical mass in this high growth market.
This acquisition is expected to be immediately accretive
to earnings and cash flow."
"As a company, we will continue to pursue opportunities
to add accretive, high quality assets in each of our
businesses. As we do so, we will re-double our efforts
to generate maximum cash flow from all of our operations
and harvest and re-deploy capital from any under
performing assets in our portfolio."
Sunoco, Inc., headquartered in Philadelphia, PA, is a
leading manufacturer and marketer of petroleum and
petrochemical products. With 730,000 barrels per day
of refining capacity, over 4,300 retail sites selling
gasoline and convenience items, interests in over
10,000 miles of crude oil and refined product pipelines
and 35 product terminals, Sunoco is one of the largest
independent refiner-marketers in the United States.
Sunoco is a growing force in petrochemicals with
approximately six billion pounds of annual sales,
largely chemical intermediates used in the manufacture
of fibers, plastics, film and resins. Utilizing a
unique, patented technology, Sunoco also manufactures
two million tons annually of high quality blast furnace
coke for use in the steel industry. For additional
information, visit Sunoco's web site at www.sunocoinc.com.
For further information contact:
Jerry Davis (media) 215-977-6298
Terry Delaney (investors) 215-977-6106
Nyhed
05-05-2003 Sunoco køber
raffinaderi
Sunoco to Buy
Eagle Point Refinery in N.J.
Owner El Paso to
Reap $130 Million from Sale
Sunoco,
Inc. said last week that it is in a deal with
El Paso Corporation to acquire the Eagle Point
refinery in Westville, New Jersey for $130
million. Included in the signed letter of
intent, Philadelphia, Pennsylvania-based
Sunoco will also receive related assets in the
sale, as well as pay fair market value for
remaining crude oil and refining product
inventories at the time of closing.
"Like
our Northeast refineries, the Eagle Point
refinery processes light, sweet crude oils
into high-value products for sale into the
large northeast U.S. product market,” said
Sunoco Chairman and Chief Executive Officer
John G. Drosdick.
The
Eagle Point refinery has a rated capacity of
150,000 barrels per day.
“The
acquisition of the Eagle Point refinery,
located just across the Delaware River from
our Philadelphia Refining Complex, offers
significant opportunities for real synergy
capture,” continued Drosdick. “As part of
our refining center, we can further optimize
crude oil purchases, reduce transportation
costs, share product streams, more efficiently
utilize processing units and logistical
infrastructure and further improve our ability
to meet our customers needs,” added the CEO.
The
purchase includes certain pipeline and other
logistics assets associated with the refinery
which Sunoco intends to make available for
sale to Sunoco Logistics Partners, L.P., its
75 percent owned master-limited partnership.
The
transaction, subject to the satisfaction of
certain conditions, including regulatory
approval and negotiation of final definitive
agreements, is expected to close in the second
or third quarter of the year.
Sunoco
owns 730,000 bpd of refining capacity,
approximately 4,300 retail sites selling
gasoline and convenience items, interests in
almost 11,000 miles of crude oil and refined
product pipelines and 34 product terminals in
the United States.
Storbritannien og USA indledte
krigen mod Irak på grund af
Mellemøstens oliereserver. Det
fortalte en rådgiver til den
britiske premierminister, Tony
Blair, i dag.
Sir Jonathan Porritt, der rådgiver
Tony Blairs regering om miljømæssige
emner, sagde, at udsigterne til at
få adgang til den irakiske olie
var "en meget stor
faktor" i de allieredes
beslutning om at angribe Irak i
marts.
"Jeg tror ikke, der var
blevet krig, hvis ikke Irak havde
haft verdens næststørste
oliereserver," sagde Porritt
i et interview på nyhedskanalen
Sky News.
Modstandere af krigen, inklusiv
nogle medlemmer af Blairs Labour
parti, sagde at konflikten havde
til formål at sikre irakiske
oliereserver til fordel for økomomien
i den vestlige verden og
olieselskaber.
Det har USAs og Storbritanniens
ledere nægtet og i stedet sagt,
at de begyndte krigen på grund af
landets besiddelse af illegale våben
og på grund af den trussel landet
udgjorde i forhold til andre
lande.
Blair har udtalt, at han vil
have, at FN skal administrere indtægterne
fra Iraks olie til genopbygningen
af landet.
Pressemeddelelse
28-04- 2003
Sunoco Income
Gains Led by Improved Refining Margins Drosdick Notes Retail
Reshuffling during First Quarter
Philadelphia,
Pennsylvania-based Sunoco, Inc. said a much improved
refining environment led the company’s net income
captured for the first quarter to $86 million, which
compares with a $107 million net loss for the same three
months in 2002.
“We
have had an excellent start to 2003,” said John G.
Drosdick, Sunoco chairman and CEO. “Financially, our
earnings and cash generation for the quarter were quite
strong and strategically we took several important steps
designed to profitably grow the company.”
Included
in those steps is Sunoco’s intent to acquire 193
high-quality, company-operated Speedway retail sites in
the southeast United States, with the company reaching the
deal during the first quarter. Sunoco said the acquisition
will expand its presence in Florida and elsewhere in the
southeastern U.S.
For
the retail sector, Sunoco also said it will sell its
interests in 190 retail sites in Ohio and Michigan. While
selling the outlets, Sunoco said it expects to continue
supplying the retail locations through new agreements with
Sunoco distributors.
“Importantly,
we have the financial capacity to execute this growth,”
said Drosdick. The CEO said the company closed its $198
million transaction with Equistar and still reduced net
debt by $66 million during the quarter.
“For
the quarter, we earned $86 million, largely on the
strength of much improved Refining and Supply results,”
said Drosdick. “The improvement in refining fundamentals
and margins that began in late 2002 continued during the
recent quarter,” he continued, saying the year began
with refined product supply at below-average inventory
levels.
Drosdick
said the low supply level was further impacted by reduced
crude oil and product supply from Venezuela, a high level
of industry-wide refinery maintenance activity and
increased product demand associated with the exceptionally
cold winter in the U.S. and Europe.
“Despite
significantly higher crude oil and transportation costs,
refining margins were very strong, especially in our
northeast U.S. refining system,” said Drosdick.
“While
we experienced some cold-weather-related downtime at our
facilities, overall our refineries ran at a very high
utilization level and did a good job maximizing and
optimizing production during the quarter,” he continued.
SUNOCO JOINS WITH AMERICAN LE MANS SERIES AS OFFICIAL FUEL AND
MARKETING PARTNER
BRASELTON,
Ga. (January 24, 2003) – The great Mark Donohue and the Sunoco brand were synonymous in the
world of racing in the 60s and 70s, and the famous Sunoco
name will return to the top level of sports car racing in a
new marketing alliance for 2003.
Sunoco
will become the Official Fuel of the American Le Mans Series
for the 2003 racing season and will also support the series
with a television and marketing campaign. All cars that
compete in events on the series will run on Sunoco GT
Unleaded Racing Gasoline, while cars, drivers and crews will
be adorned with the Sunoco brand.
In
addition to its presence at the events, Sunoco will support
its partnership with the American Le Mans Series at the
consumer level with displays and signage at its retail
locations. Sunoco will also advertise on telecasts of the
events that appear on NBC Sports and CBS. Donohue, one of
the greatest American racing drivers of all time, was
sponsored by Sunoco for much of his career.
"Thirty
years ago, the Sunoco brand was very visible in American
road racing due to the success of Mark Donohue," said
Rob Marro, General Manager of Sunoco Performance Products.
"We are privileged to have the opportunity to be a part
of the excitement surrounding the American Le Mans Series as
it continues to grow and bring world-class sports car racing
back to the forefront in North America."
"There
is definitely a wonderful history associated with Sunoco and
road racing, and it is an honor to have Sunoco as an
important ingredient of the American Le Mans Series,"
said Scott Atherton, President of the ALMS. "Sunoco not
only brings a great product for our race teams, but also
brings important marketing clout to the table that will help
promote the series and the events."
The
American Le Mans Series is a series of North American sports
car races based on the 24 Hours of Le Mans, the world’s
most famous endurance race. American Le Mans Series races
feature four classes of race cars competing for class wins
and the overall win, with the fields including many of the
same drivers and cars that compete at Le Mans. The series
holds events at many of North America’s premier permanent
road racing facilities as well as at temporary circuits in
key major markets. The series motto is "For the
Fans" and all events feature driver autograph sessions
and open paddocks. All events are on television in the
United States. Well-known automotive brand names such as
Audi, Bentley, Corvette, Dodge, Ferrari, Lamborghini, MG,
Nissan, Panoz, Porsche and Saleen are represented on the
series. The series, which has its headquarters in Braselton,
Ga., was founded in 1999 by entrepreneur Don Panoz and is
sanctioned by the International Motor Sports Association (IMSA).
The 2003
American Le Mans Series seasons begins with the 51st
annual Mobil 1 Twelve Hours of Sebring at Sebring (Fla.)
International Raceway Mar. 12-15.
Maj 2002 Sunoco opgraderer Sunoco Futura og Sunoco Forza
Sunoco Futura opgraderes til API SL/CF
Sunoco Forza opgraderes til API SL/CF / CG-4
Opgraderingen indebærer at
Sunoco Forza er velegnet for brug i "direct injection" dieselmotorer.
Den nye API SL norm indebærer
endnu hårdere tests for motorolierne, der bl.a. har en højere
modstandsdygtighed mod aflejringer ved høje temperaturer. Endvidere har
olierne en forbedret filtrerbarhed ved såvel lave som høje temperaturer samt
et lavt fosfor indhold som gør at olien giver en effektiv beskyttelse af
katalysatorer over lange driftsperioder.
Sunoco
pumper Saudi-fri benzin på sine 4.150 benzinstationer i USA
Sunoco
raffinerer ikke en dråbe råolie fra Saudi Arabien.
Sunoco's refineries are configured to process light, or "sweet"
crude, which contains less sulfur. And although Saudi Arabia sells a
light crude, most of its stock is heavy, or "sour."
Sunoco couldn't use it if it wanted to, so it buys much of its
oil from U.S. producers and overseas suppliers such as Nigeria and
Angola, which produce a pricier low-sulfur crude.
"We have overseas suppliers in West Africa, but we do not
purchase at all from Saudi Arabia," said Sunoco spokesman
Gerald Davis in an interview with WorldNetDaily.
Not a drop? "That's correct."
Davis adds that other American refiners buy Saudi's high-sulfur
crude not only because it's relatively cheap, but because there's a
steady supply.
"Setting aside geopolitics, Saudi Arabia has tremendous
reserves," he said.
Philadelphia-based Sunoco
operates gas stations chiefly on the East Coast and as far west as
Indiana.
Among other large gas retailers, Conoco Inc. and Diamond Shamrock
Refining and Marketing don't buy much Saudi oil, according to Energy
Department data for 2001 crude imports.
Shell's Saudi shell?
Technically, Shell Oil Co. bought the least amount of Saudi crude
among big U.S. gas retailers last year, monthly Energy data show.
But in October, Shell bought a 50 percent stake in Houston-based
Motiva Enterprises LLC, Saudi's largest U.S. customer. Shell now
co-owns Motiva with Saudi Refining Inc., a unit of Saudi Aramco.
Motiva runs nearly 4,800 Shell-branded gas stations, primarily in
the eastern U.S. It also operates about 8,200 Texaco-branded
stations in that region.
Last year, Chevron, which recently merged with Texaco, ranked as
the biggest buyer of Saudi crude among household-name gas retailers,
according to Energy figures. Based in San Francisco, Chevron
operates about 8,000 gas stations in 25 states.
Marathon Ashland Petro LLC and Exxon Co. USA, now partners with
Mobil Oil Corp., rounded out the Top 5 Saudi oil importers.
Marathon operates 2,069 retail outlets under the name Speedway
SuperAmerica, or SSA. The chain is based in Enon, Ohio.
De amerikanske olieselskaber Phillips Petroleum
og Conoco er blevet enige om at fusionere. Den nye oliegigant bliver
dermed USA’s tredjestørste olieselskab, skriver nyhedsbureauet
Bloomberg. Oliefusionen giver selskaberne mulighed for at skære i
omkostningerne, og samtidig bliver det nye selskab så stort, at det kan
konkurrere med større olierivaler på markedet.
"I USA er størrelse lig med synergi, og det
betyder bedre rentabilitet," siger Jurjen Lunshof, analytiker hos
Credit Lyonnais Securities.
Konkurrencen i oliebranchen er intensiveret efter
blandt andet Exxon og ChevronTexaco fusionerede. Fusions-feberen presser
nu de mindre amerikanske olieselskaber til også at finde sammen.
Det nye selskabs markedsværdi vil være omkring
en syvendedel af konkurrenten Exxons. Phillips og Conoco siger ifølge
Bloomberg, at fusionen giver dem råd til at søsætte store projekter i
Asien, også selv om oliepriserne bliver ved med at falde.
Prisen på en tønde Brent-olie
faldt først på eftermiddagen i dag til 16,88 dollar - den laveste siden
juni 1999.
Nyheder
fra oliebranchen
Chevron
og Texaco i fusion
Af
Michael Nørfelt
To
af verdens største olieselskaber – Chevron og Texaco – har slået
sig sammen pr. den 10. oktober 2001. Selskabets navn bliver Chevron
Texaco Corp.
Texaco
og Chevron har allerede i 65 år sammen ejet Caltex, som markedsfører
olieprodukter i Afrika og Asien, og som vil blive en del af det nye
selskab. Chevron Texaco, som bliver verdens 3. største olieselskab,
driver virksomhed i 180 lande og har 53.000 ansatte.
Oprettelsen
af Chevron Texaco indebærer, at det fusionerede selskab tager
Texacos plads som 50 procents ejer af Hydro Texaco, men ellers får
sammenlægningen ingen direkte konsekvenser, oplyser det danske
selskab. Det nye selskab vil fortsat markedsføre sig under varemærkerne
Chevron, Texaco og Caltex, og i Danmark og Norge vil salget af
Texaco smøreolie fortsætte som før. Inden for smøreolie er
Chevron Texaco 4. størst i verden.
SUNOCO CONTRIBUTES $1 MILLION TO SUPPORT RELIEF
EFFORTS FOLLOWING TRAGIC EVENTS OF SEPTEMBER 11
PHILADELPHIA, September 14 -- Sunoco, Inc. (NYSE: SUN) announced
a $1 million contribution today to support the relief effort
underway following the tragic events of September 11th. Chairman
and CEO Jack Drosdick said the company is working with public
officials and charitable organizations to direct the funds to
provide the "best possible assistance."
"The direct response in New York, Washington, DC, and Pennsylvania
is a testament to American spirit and our resolve as a people.
These are events of great sadness that have caused personal
tragedy in numbers that are beyond our understanding. We know
that there are immediate costs and that there will be long term
needs particularly for the families of the firefighters, police,
volunteers, and all victims of Tuesday's attacks."
Drosdick said Sunoco has been in contact this week with emergency
response officials to offer donations of fuel and other necessary
supplies. Those efforts will be continued.
"Sunoco has been in business in this country for over 100 years
and throughout that time has always supported our communities
and this nation. This week's events demand that we again do our
part," said Drosdick.
In addition to the corporate pledge of $1 million, many Sunoco
employees have offered personal support and donations. The
company will post a listing of key charitable options for
employees and Drosdick noted, "I know our people and they will
be generous in this time of need."
Sunoco, Inc., headquartered in Philadelphia, is a leading
manufacturer of petroleum and petrochemical products. The
company is one of the largest independent refiners and
marketers in the United States with over 4,000 retail sites.
For further information contact:
Jerry Davis (media) 215-977-6298
Terry Delaney (investors) 215-977-6106
SUNOCO
ANNOUNCES PURCHASE OF RETAIL OUTLETS FROM COASTAL MART
IN SOUTHEASTERN UNITED STATES
PHILADELPHIA, June 5, 2001 -- Sunoco today announced that it has
signed a definitive agreement with Coastal Mart, Inc., and Coastal
Refining and Marketing, Inc., subsidiaries of El Paso Corporation
(NYSE: EPG) to purchase 65 of Coastal Mart's direct retail sites
and assume supply contracts with 24 Coastal distributors for 163
distributor sites in the Southeastern U.S. Of the 65 direct owned
or leased sites, 61 are located in Florida and most have conve-
nience stores. Most of the direct sites will be rebranded to
Sunoco gasoline and APlus(R) convenience stores. Of the 163
distributor sites, 109 are also located in Florida with the
largest concentration of the remaining sites in Virginia
and Tennessee. Financial terms of the transaction were not
disclosed.
"We are very excited about this opportunity to grow the
company's
retail site network by again returning the Sunoco logo to the U.S.
Southeast through the acquisition of these high quality sites from
Coastal Mart," said Sunoco Chairman and Chief Executive Officer
John G. Drosdick. "This purchase is a continuation of our
strategy
to pursue opportunities to grow the company's retail gasoline sales
and non-gasoline income through the addition of new sites. We
are
confident that there is brand equity in the Sunoco name in this
geographic area."
Sunoco, Inc. (NYSE: SUN), headquartered in Philadelphia, PA, is a
leading manufacturer and marketer of petroleum and petrochemical
products. With 730,000 barrels per day of refining capacity,
almost 3,900 retail sites selling gasoline and convenience items,
interests in over 10,000 miles of crude oil and refined product
pipelines and 35 product terminals, Sunoco is one of the largest
independent refiner-marketers in the United States. Sunoco is
a growing force in petrochemicals with over nine billion pounds
of annual production capacity, largely chemical intermediates
used in the manufacture of fibers, plastics, film and resins.
Utilizing a unique, patented technology, Sunoco also manu-
factures almost two million tons annually of high-quality
metallurgical-grade coke for use in the steel industry.
For additional information, visit Sunoco's web site at www.SunocoInc.com.
For further information contact:
Jerry Davis (media) 215-977-6298
Terry Delaney (investors) 215-977-6106
Tekniske Nyheder fra Sunoco
Belgien:
NEW COLD CRANKING SIMULATOR VISCOSITY (CCS) LIMITS
The Fuels and Lubricants Activity of the Society of Automotive
Engineers (SAE) have changed the CCS limits for multigrade (wintergrade)
motor oils.
The 'revised SAE J300 specification' entails measuring viscosity at 5°C
lower temperature and imposing higher maximum viscosity limits for all
W-grades.
The new standard is being fully complied with by Sun Oil Company (Belgium)
NV for all of its multigrade and wintergrade engine oils, this from
june 2001 onwards! Concerned technical data sheets are being adapted
and show that the 'new' low temperature viscosity requirements are
being met.
These new max allowable CCS viscosities are :
0W
6.200 cP at -35°C
5W
6.600 cP at -30°C
10W
7.000 cP at -25°C
15W
7.000 cP at -20°C
20W
9.500 cP at -15°C
25W
13.000 cP at -10°C
'Cold Starting and Pumpability Studies in Modern
Engines' ASTM Research
Report RR-D02-1442, 1998.
Technical Customer Service, May 2001.
SUNOCO ENTERS INTO AGREEMENT TO BUILD
AND OPERATE RETAIL FUELING
FACILITIES AT WAL-MART LOCATIONS
PHILADELPHIA, Oct. 31, 2000 -- Sunoco announced today that it has
entered into an agreement with Wal-Mart Stores Inc. (NYSE: WMT)
allowing Sunoco to build and operate retail fueling facilities on
sites at selected existing and future Wal-Mart locations in nine
eastern states. The states covered under the agreement include:
Maine, Massachusetts, New Hampshire, New Jersey, New York,
Pennsylvania, Rhode Island, Vermont, and West Virginia.
"We are excited about our agreement with Wal-Mart, the leading
retailer in the United States," said Sunoco Chairman and Chief
Executive Officer John G. Drosdick. "This agreement provides
Sunoco with an excellent cost-effective way to grow its retail
market share in the center of its refining system. Participation
in this venture will strengthen our position as the leading refining
and marketing company in the U.S. northeast and add substantial
built-in growth to our retail business for years to come."
Senior Vice President and General Manager, Sunoco Northeast
Marketing, Robert W. Owens added, "This agreement will allow us
to market significantly more of our own gasoline production directly
to the consumer and to take further advantage of our existing logistics
infrastructure in the region. Situated on excellent real estate,
these
should be high-volume sites that will serve a growing segment of the
retail gasoline market."
Sunoco expects to build between 20 to 40 of these facilities during
the initial year of the agreement and add up to 100 new sites per
year in future years. In addition to gasoline, these sites will
offer
customers a limited selection of convenience store merchandise.
Sunoco
is working with Wal-Mart to develop a new brand that is planned for
use at these facilities.
Owens continued, "At the same time, we will continue to invest and
grow our Sunoco brand. Over the last two years, we have spent over
$70 million in capital to re-image our sites and have increased our
branded Sunoco sites by 77. Our volume growth for both gasoline
and
merchandise sales at these sites has exceeded industry rates and the
Sunoco brand is a key asset of the company. As we look ahead, we
believe a strategy which includes a diversified portfolio of retail
gasoline offerings - from company-owned and operated sites to branded
dealers and jobbers to agreements such as this one with Wal-Mart -
is the best mix for our customers and shareholders."
Sunoco, Inc. (NYSE: SUN),
headquartered in Philadelphia, is one of the
largest independent petroleum refiner-marketers in the United States.
Sunoco operates five domestic refineries with 730,000 barrels-a-day of
crude oil processing capacity and markets gasoline through more than
3,500 Sunoco retail outlets in 17 states from Maine to Virginia and
west to Indiana. Sunoco sells lubricants and petrochemicals
worldwide,
operates domestic pipelines and terminals, and manufactures
metallurgical-
grade coke for use in the steel industry. For additional
information,
visit Sunoco's web site at www.SunocoInc.com.
For further information contact:
Jerry Davis (media) 215-977-6298
Terry Delaney (investors) 215-977-6106
Description: Biodegradable
hydraulic & transmission oil based on vegetable oils.
Application: Transmission &
hydraulic systems of agricultural and construction equipment. Excavators in waterwinning
areas. Where pollution of
the environment is inevitable. Max. temperature of use :
80°C.
Specifications: . John Deere .
API GL-4 . Ford New Holland . Massey-Fergusson
Properties: .
very good anti-rust and anti-corrosion properties. . biodegradable.(CEC-L-33-T83 : 90%) . very low pour point. . for
immerged brakes. . good EP and anti-wear properties. . high
viscosity index.
Average analysis:
density at 15°C
:
0.900
viscosity at 40°C
:
46.3
cSt
viscosity at 100°C
:
10.2
cSt
viscosity index
:
210
pourpoint
:
less than
-39°C
flash point
:
225°C
TBN
:
4.6 mg KOH/g
February
2000.
ONE
MORE SUNOCO TOP QUALITY LEVEL PRODUCT!
FOR EVEN FURTHER IMPROVED TRUCK ENGINE LUBRICATION!!!
Sun
Oil Company (Belgium) NV has the pleasure to announce you that
there will shortly follow an introduction of a completely new and
fully synthetic advanced heavy duty diesel engine oil, meeting and
exceeding the most stringent requirements of the industry:
MERCEDES BENZ sheet 228.5 and ACEA E4-98
The
new lube is particularly being recommended for MB's latest
generation ACTROS type trucks. The SAE 5W30 viscosity of our future
product is being recommended for fuel economy reasons!
Release
of product designation as well as technical data may be expected
very soon.
The
product will further extend our current line of top HD diesel
engine oils being the "HPD"(Forza) SAE 15W40, the
"Super HPD/Super C Euro" SAE 15W40, and last but not least
the "Ultra HPD" SAE 10W40.
Torsdag den 09-12-98
Sunoco Inc.USA
Nyt navn per 05-11-98 tidligere Sun Oil Company, USA
Thursday November 5, 8:30 am Eastern Time
Company Press Release
SOURCE: Sunoco, Inc.
Sun Company Changes Corporate Name to Sunoco, Updates Logo And
Service Station Design, Establishes Internet Web Site
PHILADELPHIA, Nov. 5 /PRNewswire/ --
On Friday, Nov. 6, 1998, Sun Company, Inc. (NYSE: SUN - news)
will officially change its name to Sunoco, Inc. the company announced today.
At the same time, the familiar Sunoco
logo is being updated and Sunoco retail outlets are being redesigned. The company is also
debuting its new Internet Web site -- www.SunocoInc.com.
``We think it makes sense to call
ourselves by the name that identifies us best, and that is Sunoco,'' said Chairman and
Chief Executive Officer Robert H. Campbell. ``Not only is the Sunoco logo a familiar
presence at service stations and convenience stores throughout our fuels marketing
territory, it is known worldwide in lubricants and chemicals marketing.
``Millions of customers recognize the
Sunoco name, and it carries a solid reputation -- and a long history -- of outstanding
quality and excellent service. Those are strong competitive advantages, and we are intent
on using every advantage to enhance our business position.''
Campbell noted that the Sunoco name
was first used in 1906 as a contraction of Sun Oil Company and that the Sunoco logo has
been in use since 1920, when the company opened its first ``filling station'' in Ardmore,
Pa. (The location is still in operation as a Sunoco Ultra Service Center.)
The revisions to the Sunoco logo mark
the first changes since 1954, when the arrow was moved from horizontal to diagonal and the
lettering slightly changed. Several alternatives to that design were consumer tested, and
the one selected represents the image that consumers like best. All the elements of the
current logo are retained -- the blue and yellow colors, the diamond shape, the Sunoco
name and the diagonal red arrow -- but changes in lettering and other design features give
it a more contemporary look.
Rollout of the new logo and new
station design, developed by Atlanta design firm Antista Fairclough, has already begun,
with the entire conversion scheduled to take place over an extended period of time. The
new design includes more colorful graphics on canopies and dispensers, as well as a bright
yellow background for Aplus convenience store signs and updated signage at Sunoco Ultra
Service Centers.
Campbell added that the company's new
Web site is on line as of today. ``Consumers, investors, and anyone interested in Sunoco
can get financial information as well as information about our products and services, our
various businesses, our environmental commitment, our history, and much more at www.SunocoInc.com,'' he noted.
The New York Stock Exchange trading
symbol for the company remains SUN. The company's new corporate CUSIP number, issued in
conjunction with the change of name, is 86764P 10 9. Holders of existing common stock
certificates in the name of Sun Company, Inc. do not need to exchange their certificates
for new ones.
Headquartered in Philadelphia,
Sunoco, Inc. operates five domestic refineries with approximately 700,000 barrels per day
of crude oil processing capacity and markets gasoline under the Sunoco brand through
approximately 3,800 Sunoco outlets in 17 states from Maine to Virginia and west to
Indiana. The company sells lubricants and petrochemicals worldwide, operates domestic
pipelines and terminals, and manufactures metallurgical-grade coke for use in the steel
industry. For further information, check the company's new Web Site at http://www.SunocoInc.com.
®
This
new Sunoco Heavy Duty Atlas HPD 5W40 meets and
exceeds the latest API, ACEA and OEM engine oil
specifications.
Synturo
Crown 5W20 is manufactured starting from exrtremely
pure high quality synthetic base oils. In
combination with leading-edge additive technology,
the oil delivers exceptional resistance to thermal
breakdown, delivers outstanding low temperature
fluidity and excellent engine protection against
wear and deposit formation under the most severe
driving conditions.
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