NLGI targets January 2021 for new High-Performance Multiuse grease specification

Photo courtesy of NLGI The National Lubricating Grease Institute or NLGI is on the verge of releasing a new high-performance multiuse (HPM) grease specification that will modernise the incumbent standard and provide broader utility. The new benchmark will include an HPM core specification that delivers higher performance than the existing GC-LB specification, as well as enhanced sub-categories for…

Marathon Petroleum to sell Speedway for USD21 billion

Photo courtesy of Marathon Petroleum Marathon Petroleum Corp. (NYSE: MPC) announced yesterday that it and certain of its subsidiaries have entered into a definitive agreement with 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd. (3382: Tokyo), whereby 7-Eleven will acquire Speedway for USD21 billion in cash. The transaction is…

Saudi Aramco to reorganise downstream business

Photo courtesy of Saudi Aramco The Saudi Arabian Oil Company (Aramco) said it is reorganising its downstream business to support and enhance integration across the hydrocarbon value chain. Aramco’s downstream operating model will include four commercial business units: Fuels (includes Refining, Trading, Retail and Lubes); Chemicals; Power; and Pipelines, Distribution & Terminals. These business units…

Globally Harmonized System of Classification and Labelling of Chemicals (GHS)

Chemicals, through the different steps from their production to their handling, transport and use, are a real danger for human health and the environment. People of any ages, from children to elderly, using many different languages and alphabets, belonging to various social conditions, including illiterates, are daily confronted to dangerous products (chemicals, pesticides, etc.). To…

Lube Focus Annual Industry Conference

When you seize on the potentials, you can’t lose! The world is now focusing greater attention on China as its successful efforts to effectively deal with the epidemic become clearer. Following the “Two Sessions” national conference, China’s socioeconomic development has continued to improve, with the resumption of industry and revival of the economy. It is…