Evonik Oil Additives to Nearly Double Asia-Pacific Production Capacity
Evonik Oil Additives has announced plans to significantly expand Asia-Pacific production capacity. The expansion will almost double current capacity across Evonik Oil Additives' entire portfolio of products currently produced for the Asian market, and it is expected to be fully completed in 2015.
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Bill Downey and Two Other Execs Leave Kline
William Downey, a senior vice president and 24-year veteran at Kline has left the consulting firm to join Roland Berger Strategy Consultants as a partner. Two other Kline executives, Jonathan Goldhill and Gillian Morris, joined Downey in moving to Roland Berger, Goldhill also as partner in Roland Berger's New York office and Morris as a principal in the company's Chicago office.
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Valvoline to Increase Finished Lube Prices
Valvoline notified customers last Monday it is increasing prices for Valvoline brand finished lubricants, effective June 4. The amount of the price increase was not disclosed. This announcement follows that of several other oil companies, including Shell, Chevron, ConocoPhillips (Phillips 66), and CITGO, of finished lubricant price increases, typically 3 - 6 percent,
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DEUTZ Releases Engines Which Run on B100
DEUTZ AG has announced the release of its TCD 6.1 L6 and TCD 7.8 L6 Agripower engine models for use with 100% biodiesel. DEUTZ said this represents the first release in Europe of standard production Stage IIIB engines for use with biodiesel.
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Siemens and Fluitec Partner to Improve Lubrication Performance
Siemens AG, a global leader throughout the energy supply chain, and Fluitec, a clean technology company focused on lubricant condition monitoring and contamination control, have entered into an agreement to maximize the performance of lubricants used in rotating equipment such as turbines and compressors.
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