Ethyl Launches TecGARD Metalworking Additive Line.Business Editors RICHMOND, Va.--(BUSINESS WIRE)--Jan. 5, 2004 Ethyl Corporation (NYSE NYSE See: New York Stock Exchange : EY), one of the world leaders in industrial lubricant technology, today announced the launch of its first line of additives created specifically for the metalworking industry. Under the brand name TecGARD(TM), the new line includes emulsifiers, extreme pressure/antiwear agents, corrosion inhibitors, demist demist Verb to make or become free of condensation demister n Verb 1. demist - free from mist; "demist the car windows" defog additives, quench quench, v to cool a hot object rapidly by plunging it into water or oil. quench to put out, extinguish, or suppress; to cool (as hot metal) by immersing in water. additives, industrial additives, and lubricity lu·bric·i·ty n. The quality or condition of being lubricious. [Late Latin l  bricit additives. According to market manager, Ian Macpherson, the TecGARD(TM) line underscores Ethyl's commitment to meet the unique operating environment and equipment demands of today's metalworkers with state-of-the-art additive solutions. "With the industry reformulating to replace natural sulfonates, this seems like the perfect time to introduce new solutions to the marketplace," Macpherson said. "TecGARD(TM) products distill dis·till v. 1. To subject a substance to distillation. 2. To separate a distillate by distillation. 3. To increase the concentration of, separate, or purify a substance by distillation. Ethyl's eighty-plus years of additive experience in a line that meets metalworking needs for high-temperature, high-pressure, high-precision performance in an environmentally conscious world." From steel-mill operators to aluminum-container producers, and machine-tool manufacturers, TecGARD(TM) promises enhanced levels of machine performance and production quality in the industry's toughest working environments. Initially, TecGARD(TM) additives will be available to metalworking fluid blenders and marketers throughout North America from their Ethyl ethyl (ĕth`əl), CH3CH2, organic free radical or alkyl group derived from ethane by removing one hydrogen atom. representatives and TecGARD(TM) distributors. Ethyl Corporation develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated chemical blends to market-general additive components, Ethyl provides the world with the technology to make fuels burn cleaner, engines run smoother and machines last longer. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Some of the information contained in this press release constitutes forward-looking comments within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Although Ethyl's management believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from expectations. Factors that could cause actual results to differ from expectations are included in Ethyl's latest annual report on Form 10-K, which is available upon request. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion