Other news: Champion Oil, JLM Lubricants, Authentix, BASF, Eni, Air Liquide, Siemens, Adnoc, DS Smith, GE
Champion Oil, a major player in development and manufacturing of racing and performance products, announced the unveiling of more SKUs of motor oils specifically formulated to maximize the demands of today’s high-performance street vehicles.
JLM Lubricants is proud to unveil the latest arrival to its family of quality additives. The JLM Petrol E10 Fuel Treatment is an easy to use solution to resolve the issues that are caused by blending up to 10% ethanol with unleaded petrol.
Authentix, the authority in authentication solutions, welcomed David B. Brown to the executive team in the role of chief financial officer. Brown will be responsible for integrating business and finance strategy to further expand the global presence of Authentix and drive growth into key markets. In his role, Brown brings more than 30 years of experience as he oversees global finance, treasury, accounting and taxation activities.
Dr. Nina Schwab-Hautzinger, 45, will become head of Corporate Communications and Government Relations at BASF on November 1, 2020. She succeeds Anke Schmidt, 50, and will report in this position to Dr. Martin Brudermüller, chairman of the Board of Executive Directors. As already announced in March, Schmidt will leave the company at her own request on July 31, 2020.
Eni gas e luce and OVO announced the beginning of a strategic partnership, starting in France, to deliver smarter energy solutions and an improved experience for more customers through deploying Kaluza, the platform powering OVO Energy in the UK.
Air Liquide announced an investment of EUR125 million (USD144 million) to build the first world-scale Air Separation Unit (ASU) for oxygen production with an energy storage system that helps facilitate more renewable energy on the electricity grid due to its grid stabilizing capability.
Combining its financial expertise with intelligent energy solutions and services, Siemens has entered investment and framework agreements with Berkeley Energy Commercial Industrial Solutions (BECIS). Together, they will provide customers access to distributed energy solutions via a flexible ‘Energy as a Service’ (EaaS) model, allowing customers in the Asia Pacific market to pay for energy services without the need for any capital investment. This will address customers’ energy cost and sustainability challenges.
The Abu Dhabi National Oil Company (ADNOC) and ADQ signed a joint venture (JV) agreement to create a new investment platform to fund and oversee the development of industrial projects within the planned Ruwais Derivatives Park, a key enabler of ADNOC Downstream’s 2030 smart growth strategy and the UAE’s chemicals and industrial growth strategy.
DS Smith, a leading sustainable packaging company, and GE Gas Power, a world leader in natural gas power technology, announced an extension of their successful partnership at the Lucca Paper Mill in Italy. The new aeroderivative gas turbine is the latest configuration of GE’s dry low emissions technology offering higher output and increased efficiency, ultimately enabling the paper mill to reduce emissions.