Richmond, VA, (January 5, 2004) – Ethyl Corporation (NYSE-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™, the new line includes emulsifiers, extreme pressure/antiwear agents, corrosion inhibitors, demist additives, quench additives, industrial additives, and lubricity additives.
According to market manager, Ian Macpherson, the TecGARD™ 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™ products distill 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™ promises enhanced levels of machine performance and production quality in the industry’s toughest working environments. Initially, TecGARD™ additives will be available to metalworking fluid blenders and marketers throughout North America from their Ethyl representatives and TecGARD™ 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.
TecGARD™ METALWORKING ADDITIVE LINE Information
Some of the information contained in this press release constitutes forward-looking comments within the meaning of the Private Securities Litigation Reform Act 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.
CONTACT: Ethyl Corporation, Richmond
Ian MacPherson, 804-788-5371