August 15, 2020
Lucid Motors, which seeks to set new standards for sustainable transportation with its advanced luxury electric vehicles (EVs), announced independent range verification of 517 miles on a single charge for its forthcoming Lucid Air all-electric sedan. This new benchmark range was secured with FEV North America, Inc. in Auburn Hills, Michigan, applying the EPA’s Multicycle […]
Chevron Corporation (NYSE: CVX) said it is investing in Zap Energy Inc., a Seattle, Washington-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. Chevron Technology Ventures’ investment in fusion is an opportunity to enhance the company’s focus on a diverse portfolio of low-carbon […]
Parent SK Innovation, South Korea’s largest oil refiner, said it has hired Citigroup Global Markets Inc. to explore the possibility of selling its subsidiary SK Lubricants, which produces and exports high-quality base oils to more than 50 countries and finished lubricants to 25 countries. The company could be valued between KRW3 trillion (USD2.5 billion) and […]
Ergon has earned the trust of customers in more than 90 countries around the world, thanks to an unwavering commitment to meeting customer needs for solvency and viscosity. With corporate offices in the Americas, Asia and Europe, Ergon maintains a network of strategically located terminals, allowing for efficient and secure worldwide supply of quality products. […]
Despite a highly competitive market and relatively flat demand growth, 2019 was a good year for lubricant manufacturers in the United States. During a virtual “Town Hall” meeting organised by the Independent Lubricant Manufacturers Association (ILMA) on 3 July 2020, Greg Julian, president of Advanced Lubrication Specialties, based in Bensalem, Pennsylvania, U.S.A., described 2019 as […]
Finland’s Neste, the world’s largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials, has delivered its first batch of sustainable aviation fuel to San Francisco International Airport (SFO) via pipeline, where it will be used by major airlines committed to reducing carbon emissions. Neste is the first […]
Efforts to contain the spread of Covid-19 have had mixed success and the threat of a new wave of contagion will remain until a vaccine can prevent infection and transmission. Scientists are racing to produce a successful inoculation with more than 160 vaccine efforts in progress worldwide, according to the World Health Organization. Several vaccines […]
The National Lubricating Grease Institute or NLGI is on the verge of releasing a new high-performance multiuse (HPM) grease specification that will modernise the incumbent standard and provide broader utility. The new benchmark will include an HPM core specification that delivers higher performance than the existing GC-LB specification, as well as enhanced sub-categories for water […]
