Volume 2 Issue 18

New Bosses for Hatco, Polartech

Two additive and specialty lubricant manufacturers announced the recent appointments of new presidents. Chemicals industry veteran Peter J. Deutch was named to head Hatco Corp., while former Gateway Additives executive Tim Langlois was named to lead Polartech Additives Inc. Deutch, who was also named chief operating officer, is filling a new position at Hatco. His duties were formerly handled by Alex Kaufman, who remains chairman and president of Hatcos parent company, Kaufman Holdings Corp. Deu...

Quaker Chemical Earnings Drop

Quaker Chemical Corp. reported that its first quarter earnings dropped 40 percent, but said it sees signs of a turnaround in its business, providing fluids and related services primarily for the steel and automotive industries. Quaker Chemicals first quarter earnings for the period ended March 31 were $2.4 million, or 26 cents per share, down from $4 million, or 45 cents per share, a year earlier. The decline was due mostly to a 6.7 percent drop in sales – to $59.9 million. The Conshohocke...

Tribology In Space: Unscuttling a Shuttle

Vern Wedeven calls it the most perplexing – and most critical – tribological problem hes ever faced. In 1993, he was working as a consultant for Pratt and Whitney on a huge contract to stretch the life of bearings in the turbopumps of Americas space shuttles. Seven years into the project, Pratt and Whitney remained stymied in their search for a way to reduce the tremendous wear to which those bearings were exposed. With spending on the project hundreds of millions of dollars over bud...