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February 14, 2018

Volume 1 Issue 7

ILSAC GF-6 Could Face More Delays

A proposed engine test that is key to the ILSAC GF-6 engine oil specification is failing to discriminate between reference oils, an API official reported last week. read more

Afton, Valvoline Report Mixed Results

Afton Chemical had decreased profits last year, despite enjoying a strong fourth quarter, and Valvoline reported a decrease in operating income but an increase in sales for its first quarter. read more

ExxonMobil Bets on Mobile Car Care

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ExxonMobil invested in a startup company offering on-demand fuel delivery and mobile vehicle car care service – including oil changes – to help carve out a new sales channel for its products. read more

Briefly Noted

Wyoming-based technology company LogiLube and wind turbine drive train component manufacturer Winergy signed a collaboration agreement to test the former’s SmartGear condition monitoring technology platform on the German company’s gearbox for a GE 1.5 megawatt wind turbine. Proof of concept testing will take place at the U.S. Dept. of Energy’s laboratory in Golden, Colorado.  Anton Paar, a leader in high-tech measuring instruments, acquired Boynton Beach, Florida-based Quantachrome Instruments. George Cortolezis-Supp, Anton Paar’s executive director of production and purchasing, will manage the new subsidiary.  Houston-headquartered SPL acquired Alcor Petrolab, an independent laboratory that offers testing for various products including lubricants, grease and hydraulic fluids.

Clarification

The acquisition that was the subject of a Feb. 7 story, “Distributor Extends Reach to Upper Midwest,” only included operations involved in Lube-Tech & Partners’ distribution of Chevron-branded lubricants. Lube-Tech kept other operations, including distribution of other lubricant brands in the upper Midwest.