EXXONMOBIL launches Pegasus 1100 series

The end of the first half of the year has seen EXXONMOBIL unveiling yet anther flagship of high performance engine oils. The Mobil Pegasus 1100 series is the latest of the EXXONMOBIL pegasus series, designed to provide the much needed high output for today's tech, low-emission four cycle gas engines with high levels of protection while maintaining  superior performance in earlier model engines.

The pegasus series has demonstrated longer oil drain intervals, competion in high performance natural gas fuelled and long life engine oils. It's application can be found in GE Jenbacher, MAN, MTU and other turbocharged, naturally aspirated, medium to high speed four-cycle gas engines requiring a high performance lubricant. Additional key OEM approval testing is still in progress.

Source:Exxonmobil

Read More

INTRODUCING: LubesToday Weekly Lubricant Quiz competition

You asked for it, we have responded!

The LubesToday Weekly competition is a much anticipated event in the line of LubesToday schedule of roll-outs, this will seek to test individuals on their knowledge of basic lubricant terminologies and latest trends in the Lubricant Industry.

Spiced with this is an avenue to win exciting weekly prizes ranging from Recharge cards of any ISP to 1-4ltr Lubricant of choice from major Lubricant manufacturers. Stay tuned and expectant!!

The first edition will kick start on 04/07/2017, and will run from Tuesdays to Monday.

Check the link below for rules of participation as well as a list of weekly winners.

LUBESTODAY QUIZ PORTAL

Here to serve you!

Read More

Timken buys Netherlands-based company for $280 million

Timken Co. announces it has purchased a Netherlands company that specializes in automatic lubrication processes used in on- and off-highway equipment. The deal is valued at $280 million.

Timken Co. has struck a deal to buy Groeneveld Group, a company that makes automatic lubrication systems and is based in the Netherlands.

It’s Timken’s fifth acquisition over the past 12 months as the company continues to diversify into power-drive-related segments related to the traditional tapered roller bearing business.

The deal is valued at $280 million, making it the second largest in Timken’s history and it’s largest acquisition in Europe. The announcement was made after the stock market closed Tuesday.

Groeneveld Group sales were approximately $105 million for the 12 months ended May 31.

Richard G. Kyle, Timken president and chief executive officer, said the acquisition expands the company’s presence in the automatic lubrication systems business, which it entered in 2013 with the acquisition of Interlube. Groeneveld group makes automatic lubrication processes that are used in on- and off-highway equipment.

“Groeneveld will bring a strong brand and management team, a global customer base and an industry-leading product portfolio that has an attractive market position in off-highway equipment and heavy trucks,” Kyle said in the press release.

Groeneveld Group is based in Gorinchem, Netherlands, and has manufacturing facilities in Italy. It has about 600 employees.

Automatic lubrication delivery systems — Groeneveld’s primary product — are used to improve vehicle and machine operation time with automated maintenance and safety support. The company also has a small telematics business, Groeneveld ICT, which provides solutions for truck fleet operators.

“We’re excited to be gaining such a well-known and respected business with a differentiated value proposition, deep customer relationships and a talented workforce,” Kyle said.

Timken hopes the deal will close in early July. It will be funded with a combination of cash and debt.

As part of the transaction, Henk Groeneveld, the company’s sole shareholder and non-executive president, will retire.

“Henk led Groeneveld for four decades and made it the company it is today, and he has put in place a great leadership team,” Kyle said. “We wish Henk and his family well in retirement.”

Over the last five years, Timken has diversified by adding a variety of industrial services. New operations include gearboxes, chain, belts, couplings, lubrication systems, industrial clutches and brakes, and to its portfolio. The product lines are marketed under industrial brands that include Timken, Philadelphia Gear, Drives, Lovejoy and Interlube.

Source:CantonRep

Read More

EXXONMOBIL opens expanded facility to meet growing grease and Synthetic Lubricants needs in Singapore

SINGAPORE - Oil giant ExxonMobil has completed the expansion of its lubricant facility in Jurong.

This makes the facility the company's largest grease manufacturing site in Asia Pacific, and the only one in the region that produces Mobil 1, its flagship synthetic engine oil.

The new grease manufacturing plant started production in January, followed by the new synthetics manufacturing plant in April.

ExxonMobil said at a opening ceremony on Tuesday (June 6) that the expansion further strengthens the company's manufacturing facilities and its ability to meet the growing demand for grease and synthetic lubricants products in the Asia Pacific region.

"These new production facilities demonstrate the company's commitment to long-term investments here in Singapore," said ExxonMobil Asia Pacific chairman and managing director Gan Seow Kee.

"The expansion of our Jurong lubricant plant both strengthens ExxonMobil's integrated manufacturing base and helps improve the competitiveness of our business and the industry in Singapore."

Singapore Economic Development Board managing director Yeoh Keat Chuan, who was also at the event on Tuesday, added: "The expansion of ExxonMobil's Jurong lubricant plant is a good example of companies taking advantage of Singapore as a strategic base to capture growth opportunities in Asia.

"The synthetic lubricants and grease plants underscore Singapore's emphasis on higher value-added manufacturing activities as we continue growing the chemicals sector in a competitive and sustainable manner."

Send Mail

Source:Straitstimes

Read More

Famous South African chain lube giant, SMOOVE, now in the UK

South Africa’s fastest growing chain lube brand will be released to the UK market through Cyclorise.

In South Africa, SMOOVE commands a 60 per cent share of the lube market and 50 per cent of the top teams in the 2016 Cape Epic were using the product.

Ruan Deyzel created SMOOVE specifically for this purpose, spending three years with 30 top riders creating a lubricant that can withstand harsh conditions and high mileage between applications. According to Deyzel, a single application of SMOOVE will last the entire stage-event without the need for mid-ride applications.

Thomas Dibley of Cyclorise said: “We were hunting high and low for a consumable brand that would help us take the business to the next level. We demand only the best performing products in any specific category and SMOOVE hits the nail on the head.

“The performance has bowled us and the ambassadors we have had testing it away and we love the company behind it. Ruan bleeds enthusiasm and passion for his product and cycling, we couldn’t be happier with this new partnership”.

While already established and dominant in South Africa, SMOOVE has just launched distribution in Australia, the USA and now in the UK.

Article continues below
Owner of SMOOVE Ruan Deyzel said: “We are extremely pleased to announce that Cyclorise is the exclusive distributor for SMOOVE in the UK. We believe that SMOOVE will be a big hit in the UK market because of the products all weather and extreme durability capabilities. Cyclorise shares the same energy and passion that we have for cycling and have full confidence that they will make SMOOVE a huge success!”

Cyclorise is in the process of rolling out a sales team to help deliver SMOOVE and other Cyclorise brands to market. SMOOVE is available as a single 125ml unit and in boxes of x24.

Source:Bikebiz

Read More