F+L Executive Brief September 2023 issue

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SEPTEMBER 2023

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TotalEnergies last-generation EV Fluids validated under real-life conditions

As new fluids for electric vehicles demands are increasing, no specifications and/or tests are being developed. 

astm

ASTM Committee D15 proposes new standards for EV coolants

ASTM International’s D15 committee, focused on engine coolants and related fluids, is in the process of formulating two new standards.

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Process Oils acquires MOGoil, boosting global base oil distribution

Process Oils, Inc., a subsidiary of Ergon, has announced the acquisition of MOGoil GmbH, a leading base oil trader in Europe.

1

Chevron appoints ICONIC as its base oil distributor in Brazil

Chevron Products Company, a Chevron U.S.A. Inc. division, has designated ICONIC as Chevron’s exclusive base oil distributor in Brazil effective September 1, 2023.

2

HF Sinclair and Holly Energy Partners announce merger

In a significant move within the energy sector, Dallas, Texas-based HF Sinclair Corporation and Holly Energy Partners, L.P. (HEP) have unveiled their merger...

Future-Additives_1
3

Shell and USP pioneer world’s first ethanol-based hydrogen fuel station

In São Paulo, Brazil, a groundbreaking initiative is underway. Shell, in collaboration with its partners, is constructing...

4

Chevron Oronite celebrates quarter-century presence in China

In a significant milestone, Chevron Oronite, a subsidiary of Chevron corporation, recently celebrated a quarter-century...

5

ENEOS and Idemitsu Kosan partner with Aramco on synthetic fuel

Japanese energy companies ENEOS Corporation, led by President Saito Takeshi, and Idemitsu Kosan Co., Ltd., under the...

6

Afton parent navigates economic turbulence with rising profits

NewMarket Corporation, the parent company of petroleum additive producer Afton Chemical based in Richmond...

7

Aramco introduces new EVP roles in Upstream and Downstream

On August 10, Aramco, the global oil giant based in Dhahran, Saudi Arabia, unveiled new executive vice president (EVP) roles...

8

Univar Solutions and Apollo Funds finalise acquisition deal

Univar Solutions Inc., a global specialty chemical and ingredient distributor based in Downers Grove, Illinois, U.S.A., and Apollo Funds, a high-growth, global alternative...

9

Infineum partners with World Fuel Services for marine fuel additives

Infineum, a leading specialty chemicals company based in the UK, has forged a strategic partnership with World Fuel...

11

Report: Shell considers sale of Singapore refining complex

Shell, the global energy giant, is contemplating the sale of its refining and petrochemical facilities in Singapore, according to a Reuters report.

BASF-boosts-polyisobutene-production-amid-rising-demand

BASF boosts polyisobutene production amid rising demand

BASF, a global leader in chemical production based in Ludwigshafen, Germany, has announced a 25% increase in its production capacity...

12

DOE to invest USD1.2 billion in 2 direct air capture facilities

The U.S. Department of Energy (DOE) has unveiled an investment of up to USD1.2 billion to foster the growth of two commercial-scale direct air capture (DAC)...

13

Master Fluid launches high-lubricity, low-foam semi-synthetic MWF

Master Fluid Solutions has unveiled its latest innovation, the TRIM® MicroSol® 685XT. This semi-synthetic microemulsion...

14

Navigating the lubricant industry’s regulatory shifts

The lubricant industry has been grappling with a rapidly evolving regulatory landscape. For many stakeholders, from chemical manufacturers and lubricant producers...

15

MIT’s breakthrough in crafting 100% sustainable aviation fuel

Consumption of jet fuel is projected to double between now and 2050. However, creating a fully sustainable hydrocarbon fuel for aircraft has been elusive, primarily due...

16

Valvoline Inc. announces CEO leadership transition

Valvoline Inc., which operates several quick lube brands including Valvoline Instant Oil Change, Valvoline Great Canadian Oil Change and Valvoline Express Care...

17

Neste resumes renewable diesel production in Singapore

Finland’s Neste, a global leader in renewable fuels, announced the resumption of renewable diesel production at its expanded Singapore refinery in early...

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