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Monday, October 2, 2017VOLUME 13 ISSUE 40
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Blue Chip Lubricants Opens New Blending Plant

South Africa's Blue Chip Lubricants has completed the construction of a new 4 million liter per month blending plant in Johannesburg, which it hopes will help the company to secure a fifth of the lubricants market in South Africa.


[FULL STORY]

Cargill to Build State-of-the-Art Biodiesel Plant in Wichita, Kansas

Cargill announced plans to build a state-of-the-art $90 million biodiesel plant in Wichita, Kansas. Set to open January 2019, it will produce 60 million gallons of biodiesel annually. Construction of the new 42,000 square foot facility begins December 2017.


[FULL STORY]

Scania Hit With 880 Million Euro Fine

The European Union slapped a huge fine of 880 million euros (US$1.0 billion) on European truck OEM Scania last Wednesday, ending the commission’s investigation into a cartel that it said lasted 14 years and involved six major truck producers — Daimler, DAF, Iveco, MAN, Volvo/Renault and Scania.


[FULL STORY]

Hydrodec Granted New Patent for Its Transformer Oil Re-refining Process

Oil re-refiner Hydrodec Group, announced that it has been successful in its application for a new patent in respect of its transformer oil re-refining process. The new patent, granted in the US, covers a method for producing a higher quality non-corrosive product.


[FULL STORY]

Top Management Announcements - Chevron and Valvoline

Chevron announced that its Board elected Michael K. Wirth chairman and CEO, succeeding John S. Watson, who will retire on February 1, 2018. Separately, Valvoline announced that William A. Wulfsohn will retire as chairman of the board as of September 30, 2017 and will be replaced by Stephen F. Kirk who served in an executive role at Lubrizol from 1992 until his retirement in 2011.


[FULL STORY]




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