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Safety-Kleen Goes Public

Rerefiner Safety-Kleens holding company has filed for an initial public offering of common stock to raise up to $300 million. We intend to use these proceeds for general corporate purposes, including to fund working capital and capital expenditures, and possibly to make acquisitions, Safety-Kleen HoldCo. Inc. said in its Securities and Exchange Commission filing. The firms largest shareholder is Highland Capital Management, with 38 percent of Safety-Kleens total shares. Other large shareholders include Contrarian Capital Management, JP Morgan Chase & Co. and GSC Group. Safety-Kleen posted revenues of $1.1 billion for 2007 and net income of $4.5 million, compared to a $73.4 million loss in 2006 and a $123.9 million loss for 2005.

Chemtura Adds PAO Capacity

Chemtura says it will boost production of Synton brand polyalphaolefin products at its Elmira, Ontario, facility. With the first phase expected to be completed by this month, the PAO expansion is part of a multistage program. The company declined to give specific volumes for the production increase, saying only that it is due to current and future increase in market demand. LubesnGreases last year estimated that annual capacity at Elmira was 13,800 metric tons.

Sunoco Selling Tulsa?

Sunoco is evaluating offers for its Tulsa, Okla., refinery, and expects to make a decision by the early part of the third quarter, the companys chief financial officer said. In December, the company confirmed it had received a number of unsolicited inquires into buying the refinery, which can process up to 85,000 barrels per day of crude oil and includes a 9,500 b/d API Group I base oil plant. Meanwhile, Sunoco is investing in a clean fuels upgrade project at the refinery (estimated cost: $400 million), which includes installing a new 24,000 b/d hydrotreating unit. Tulsa is the last of three base oil refineries Sunoco once operated.

Miller Buys Crescent Oil

Miller Industrial Fluids acquired industrial lubricant blender Crescent Oil Co. Inc. for an undisclosed amount. Under the deal, Miller adds Crescents product line including cutting oils, water soluble oils, synthetic coolants, grinding oils, stamping and drawing oils, synthetic drawing compounds, rust preventives and specialty industrial lubricants. It also adds Crescents roster of customers in the automotive, truck manufacturing, exporting and metalworking industries. Our customers are going to be able to enjoy a wider breadth of product offerings, said former Crescent Oil President John Burns III. Miller Industrial has a more highly equipped laboratory. We are bringing valuable customers to Miller, and we got to employ most of our employees.

Citgo Snugs Base Oil Output

In an April 2 letter, Citgo Petroleum Corp. advised customers that it plans to reduce production at its Lake Charles, La., lubricants and wax refinery – which has 9,500 barrels per day of API Group I base oil capacity – to concentrate on its finished lubricants business. In the notice to customers, the company explained the decision was consistent with a comprehensive evaluation of its lubricants business. A company spokesman said that it was company policy not to comment on operations.

Haycock on the Move

Haycock Petroleum Co. recently acquired lubricants marketer Bowen Petroleum Inc., and was named distributor for Sinclair Oil Corp.s line of Arctic Fire lubricants in Nevada, Utah, Arizona, and parts of Idaho.

Under the terms of the acquisition, Bowen Petroleum will operate as a wholly-owned subsidiary of Haycock, operating under the Bowen Petroleum name. The deal also includes the acquisition of affiliated company, Bowen Trucking.

Haycock is one in a network of distributors now supplying Sinclairs products to 23 states in the West and Midwest. The Arctic Fire line includes motor oil, 2-cycle engine oil, drivetrain oil, hydraulic oil, automatic transmission fluid, tractor fluid, antifreeze and greases.

Faces in the News

Naphthenics supplier Nynas of Stockholm, Sweden, has named Valentina Serra-Holm as market manager for the lubricants industry. She joined Nynas in 2001 as part of the technical market support team, after earning her second doctorate. The company also promoted Jeremy Kriska to national sales manager, U.S. Kriska, a sales executive for Nynas for more than four years, will now develop sales for the emerging tire market as well as the industrial lubricants market.

Quaker Chemical has named Michael Barry, its senior vice president and managing director for North America, to succeed Ron J. Naples, who announced he will retire as chief executive officer in October. Barry joined Quaker in 1998 as chief financial officer, and has held several key global and regional operating roles.

Rick DePew has joined Chemtura Corp. as vice president, global sales, for performance specialties. DePew joins the firm from Nova Chemicals, where he served as business director for advanced foam resins; he formerly worked for Dow for 23 years. He succeeds Rick Beitel, who is retiring. Third Coast Chemicals has appointed Martin Staley as vice president for Europe, Middle East and Africa. Based in London, Staley has over 20 years of chemical industry experience, and most recently led the expansion of Lyondell Chemicals solvent business in the EMEA region.

Executive Director Stephen Christie will retire in September from the Automotive Oil Change Association, which represents the fast-lube industry. Christie has led the Dallas-based group for 16 years. Under his leadership, AOCA membership has grown to include over 3,500 fast-lube member locations. Middleboro, Mass.-based Brookfield Engineering Laboratories has appointed Vincent Hebert to senior sales engineer, providing product recommendations, sales assistance, technical support and training. He will also manage the companys educational programs.

Master Chemical Corp. of Perrysburg, Ohio, has promoted David Barned to global marketing manager, responsible for market and product opportunities worldwide. He will also lead the companys global green initiative, which was launched in February.

John Jack Kimes has joined Kimes Technologies International – the Mars, Pa., company headed by his brother Norm Kimes – as technical sales representative for its sulfonates and sulfonic acids. Jack Kimes previously founded Gateway Additives Co., which was acquired by Lubrizol in 1997 and where he worked until his retirement in 2007.

Canfab, Econopac Merge

Canadian companies Canfab Packaging and Econopac Ltd. have merged, creating the second-largest general composite container company in North America, the companies said. Montreal-headquartered Canfab is a specialty composite can maker, and Drummondville, Quebec-based Econopac (previously owned by Abzac Canada) is a cartridge manufacturer. Their combined operations consist of three plants that will be able to produce all types of composite containers. The companies have begun the process of integrating all aspects of their activities, including sales and purchasing.

Amines JV Breaks Ground

Huntsman Corp. and Al-Zamil Group have broken ground on their 27,000 metric ton per year ethyleneamines project in Jubail, Saudi Arabia. Originally announced in June 2005, the plant will produce ethylenediamine (EDA), diethylenetriamine (DETA), triethylenetetramine (TETA) and higher molecular weight versions such as TEPA, E-100, AEP and piperazine. Ethyleneamines are used in a variety of applications, including lube oils. Huntsman will license its proprietary ethyleneamines process technology to the joint venture for use in the plant, and will also serve as the exclusive sales and marketing agent for the ventures output, much of which is targeted to Asia.

NIOSH Head to Address Metalworking Symposium

Registration has opened for a major symposium on metalworking fluid, The Industrial Metalworking Environment: 3rd Symposium on Assessment and Control of Metal Removal Fluids, coming Oct. 5 to 8 in Dearborn, Mich. The symposium will feature the latest information on health, safety and the environment for metal removal fluids. In addition to scores of expert presentations, the event will hear six keynote speakers: John Howard, executive director of the U.S. Dept. of Labors National Institute of Occupational Safety and Health; Ian Gardner of the U.K.s Health and Safety Executive; Eileen Bonner of Rohm and Haas; Rich Engler from the U.S. Environmental Protection Agency; Tom Grumbles, former president of the American Industrial Hygiene Association; and Bob Gresham of the Society of Tribologists and Lubrication Engineers. For information or to register, visit www.mrf2008.org.

Distributor Dossier

Lonza Inc. has tapped Colonial Specialty Chemicals, Tabernacle, N.J., to distribute its metalworking fluid additive line of specialty products. Colonial will market products including CarboShield 1000, a multifunctional corrosion inhibitor, various FIFRA-registered biocides including Carboquat MW50, and a full line of functional oleochemicals used for lubrication, emulsification and defoaming.

Customers seeking smaller volumes of ConocoPhillips Pure Performance Group II and Ultra-S Group III base oils, and ConoPure process oils can now look to Houston-based J.A.M. Distributing Co. The company will distribute these products in ISO containers, totes and 55 gallon drums.

Petro-Canada has added lubricants distributor Samaro to its network in Europe. Based near Lyon, France, Samaro will market Petro-Canadas complete line of Purity FG food-grade products in that country. The product line includes greases, hydraulic fluids, gear oils and other specialties.

Genay, France-based Multisol Group, in cooperation with French research firm InS, has been named distributor in Europe for lubricant additives based on ApNano Materials Nanolub. The partnership between the three companies will enable European users to benefit from lubricants and greases that include a sophisticated and innovative nanotechnology-based additive with super-lubricity capabilities, said Menachem Genut, president of Israel-based ApNano.

Briefly Noted

Kline & Co. is opening a new office in Prague, Czech Republic, to provide a regional base for management consulting and market research. The Central and Eastern European market plays an important role in shaping the future of the key industries served by Kline, including chemicals, energy, and consumer goods, the company said. This is the firms fourth European office.

Platinum Research Organization has extended its research and development agreement with the University of Texas at Arlington for another year. Platinum has been working with UTA since 2000 to develop and refine advanced lubricant additives and coatings for the automotive and general industrial markets.

Abanaki Corp. has purchased Aerodyne Development Corp. for an undisclosed amount. Aerodyne manufactures products for separating particles from air and liquid.

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