Premium Gasoline: Gasoline having an antiknock
Taking into consideration the new trends and problems in this research field a short review about deposit control additives, antiknock
agents, combustion improvers, and problems concerning the water content in petrol is presented here.
MTBE has been a trusted antiknock
agent for decades, and Bio-MTBE possesses the same technical advantages as its conventional counterpart: high energy density (86 percent of gasoline), low vapor pressure, low oxygen content, and very low solubility in water.
All lead antiknock
sales made under this marketing agreement are in the Octel name and Ethyl does not record any product sales.
McDonald stated, "As expected, the market conditions prevalent in the lead antiknock
business during the first nine months of the year continued in the fourth quarter.
26 /PRNewswire/ -- Ethyl Corporation (NYSE: EY) today reported 1997 earnings reflected continuing improvement in all petroleum additive product lines, however, lead antiknock
profits were significantly lower than last year, reflecting the expected declining market.
22 /PRNewswire/ -- Ethyl Corporation (NYSE: EY) today reported that earnings for the first nine months of 1997 reflected improvements in all major product lines except for the expected lower lead antiknock
profit resulting from a continuing market decline and fluctuations in order and shipping patterns.
Cash flow from the company's lead antiknock
compounds business historically has been strong and supported a generous dividend payout, which recently has been significantly above the company's business objective of 30 percent of net earnings.
These improvements were partially offset by expected lower lead antiknock
profits and an unfavorable foreign exchange variance.
One of the six committees, the Antiknocks
Committee, was typical of the employee/employer committees.
He has served in a variety of sales, marketing, business and management positions and most recently, Senior Vice President - Antiknocks
For one key Ethyl product line, lead antiknocks
(which provided 56% of operating income in 1996), volumes have been decreasing for over a decade due to Clean Air initiatives, but the pace of decline is accelerating.