NLGI Industry News Please send all industry news, events, employment news and press releases to Marilyn Brohm (Your company does not have to be an NLGI member to post items.)
Phillips 66 Lubricants Names Best Line Oil Co., Inc. TOP TIER Marketer Tampa, Florida-Based Distributor Receives Distinguished Status for Excellence in Best Practices
TAMPA (Jan. 19, 2016) - Phillips 66 Lubricants, one of the largest finished lubricants suppliers in North America, today announced that Best Line Oil Company, Inc. has achieved TOP TIER Marketer status for exceeding quality, safety and environmental operations standards. The elite recognition is awarded to a select number of Phillips 66 Lubricants distributors that have exceeded the company’s rigorous Marketer Operations Standards practices. These standards were created to help protect the product quality of the Phillips 66 Lubricants brands and improve the efficiency of safety and environmental programs, according to Bryan Faria, Manager, Finished Lubricants. Best Line Oil Co., Inc. is a third generation family owned wholesale lubricants distributor servicing the central Florida region since 1935. “We are very proud of Best Line Oil Co., Inc. and the exceptional work they have done,” said Faria. “They have proven to be extremely successful in achieving the high operation and quality standards of Phillips 66 Lubricants and will be joining an elite group of Marketers from across North America that share this distinguished recognition.” To read the complete Press Release visit: https://www.nlgi.org/news-and-events/industry-news/
Partner Collaborations Advance Second-Generation Elevance Biorefinery Technology
Woodridge, Illinois, USA (Jan. 19, 2016) – In collaboration with several partners, including the special contribution of Versalis under a strategic partnership started in early 2014, Elevance Renewable Sciences, Inc. — a high-growth company that creates novel specialty chemicals from natural oils — has successfully completed scale-up of a secondgeneration biorefinery technology of the company’s olefin metathesis technology, utilizing ethylene and natural oil feedstocks. To read the complete Press Release visit: https://www.nlgi.org/news-and-events/industry-news/
January 6, 2016: World Demand for Lubricants to Exceed 45 Million Metric Tons in 2019
World demand for lubricants is projected to rise 2.0 percent annually to 45.4 million metric tons in 2019. The fastest gains are expected in the Asia/Pacific region, where an expanding number of motor vehicles in use and continued industrialization in large countries such as China and India will support rising demand. Developing regions such as Central and South America and the Africa/Mideast region will also exhibit healthy gains in response to economic growth, rising manufacturing output, and increasing motor vehicle production and ownership rates. These and other trends are presented in World Lubricants, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm. To read the complete Press Release visit: https://www.nlgi.org/news-and-events/industry-news/ - 38 VOLUME 79, NUMBER 6
