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Monday, May 6, 2013   VOLUME 9 ISSUE 18  
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Oronite Announces Senior Leadership Changes

Chevron Oronite has announced that Ron Kiskis is retiring on August 31 as the company's president and that Desmond (Des) King will join Oronite from Chevron Technology Ventures as Oronite's new president. Oronite also announced Jirong Xiao will become vice president of sales and marketing, and Barbara Smith will become vice president of products and technology.

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Lonza to Close Its Swords Biocide Plant in Ireland

Switzerland-based Lonza said it will close its Swords plant near Dublin, Ireland which the company says has experienced a low capacity utilization for some time with no foreseeable change to this trend. The Swords plant is expected to cease its activities in June 2013 and transfer all products manufactured in Swords to its plants in Rochester, NY and Suzhou, China.

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Heritage-Crystal Clean Posts 18.8% 1Q Revenue Increase; Board Approves Expansion Plans

Used oil re-refiner Heritage-Crystal Clean last Thursday announced that first quarter 2013 revenue increased 18.8% to $60.0 million, compared to $50.5 million in the first quarter of 2012. The company's board of directors also approved plans to expand annual input capacity of the Indianapolis, Indiana re-refinery from its current 50 million gallon level up to 75 million gallons.

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BP, Phillips 66 and Shell Report 1Q Financials; Shell's CEO Voser Announces Plans to Retire

This past week BP, Phillips 66 and Shell reported financial results for the first quarter 2013. BP's replacement cost profit was $4.2 billion, down from $4.7 billion in the first quarter of 2012. Phillips 66's earnings were $1.4 billion, up from $636 million in the first quarter of 2012, while Shell's net profit was $8.18 billion, down from $8.74 billion in the first quarter of 2012.

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Fuchs Petrolub AG Reports Increased 1Q Profit

FUCHS PETROLUB announced last Thursday it increased earnings before interest and tax 1.2% to EUR 73.4 million from EUR 72.5 million. First quarter profit after tax was EUR 51.6 million compared to EUR 51.4 million during the first quarter of 2012. Sales revenues for the quarter of EUR 442.0 million fell 1.4 percent below the previous year's level of EUR 448.4 million.

[FULL STORY]

Synthetic Lubricant Cross Reference Chart Series - H1 Food Grade Gear, Hydraulic, Chain Oils

The H1 Food Grade Synthetic Gear, Hydraulic, Chain Lubricants Chart is the fifth of a 12-chart series of the Sixth Edition of our Synthetic Industrial Lubricant Cross Reference Chart Series. This 12-set series consists of fully synthetic lubricants marketed by hundreds of worldwide lube manufacturing & marketing companies and industrial equipment OEMs.

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