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Monday, July 20, 2015   VOLUME 11 ISSUE 29  
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GE Introduces Next-Generation Transformer; Synthetic Ester Replaces Traditional Oil

Prolec-GE announced that it has developed a new power transformer that utilizes a synthetic ester instead of traditional mineral oil, significantly reducing the risks associated with a potential transformer fire. The transformers were designed in collaboration with Comision Federal de Electricidad, Mexico’s national utility company.

[FULL STORY]

Univar Acquires Assets of Chemical Associates

Univar Inc. announced last Thursday that its wholly-owned subsidiary, Univar USA Inc., has acquired the assets of Copley, Ohio-based Chemical Associates, Inc., a marketer, manufacturer, and distributor of oleochemicals. Financial terms of the acquisition were not disclosed.

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Shell Expects Slow Crude Oil Price Recovery

Royal Dutch Shell expects crude oil prices to recover gradually over the next five years, with Brent crude rising to $90 a barrel by 2020, according to a recent Reuters' article. In the nearer term, Shell expects Brent crude oil to show only a modest recovery with 2016 prices forecast to average $67 a barrel and $75 a barrel in 2017.

[FULL STORY]

ISEL Opens Hub in Columbus, Ohio

Jacksonville, Florida-based ISEL, Inc, a manufacturer of industrial lubricants specializing in private-label, high-tech, tailored products for industrial applications, has opened a 24,000 square foot facility in Columbus, Ohio, complementing an 80,000-square-foot Jacksonville facility.

[FULL STORY]

Shell Launches Shell Advance Ultra Motorcycle Oil Made With GTL Base Oil

Shell has launched the next generation of premium motorcycle oil – Shell Advance Ultra with PurePlus Technology. This is the first-ever synthetic motorcycle oil made from natural gas using Shell proprietary gas-to-liquid (GTL) technology, marketed as Shell PurePlus Technology.

[FULL STORY]





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