Monday, August 1, 2016   VOLUME 12 ISSUE 31  
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Caterpillar Revises Its Machine Fluids Recommendations Bulletin SEBU6250

Caterpillar has revised its 150 page Machine Fluids Recommendations Bulletin, SEBU6250 (now Rev 21), last revised in July 2014, which covers Caterpillar's most current recommendations and specifications for lubricants, fuels and cooling system fluids for use in Caterpillar machines. The lubricant section alone is 76 pages in length.
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Big Oil Companies Report Mixed Financial Results

This past week, BP, Shell, ExxonMobil, Chevron and refiner Phillips 66 reported their second quarter 2016 financial results. BP and Chevron reported losses, while ExxonMobil reported earnings of $1.7 billion, although down 59 percent from a year earlier. Shell also reported a profit of $1.175 billion, down 72%.

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Valvoline 3Q Earnings Rise

Ashland last Tuesday reported strong fiscal third-quarter earnings for its Valvoline segment with EBITDA rising 3 percent, to $119 million. Lubricant volume grew by 3 percent with U.S. premium-branded lubricant sales volume increasing to 45.3 percent of total sales volume, up from 40.8 from the prior year period.

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Afton Chemical's 2Q and 1H 2016 Sales Down, Profits Up

For the second quarter of 2016, sales for Afton Chemical were $516.1 million, down 7.4% versus the same period last year, while operating profit for the quarter was $102.5 million, up 9.0%. For the first half of the year, sales were $1,022 million, a decrease of 8.1%, while operating profit was $202.9 million, an increase of 1.9%.

[FULL STORY]





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