Acquisitions

Category:

…provided the business has not markedly declined in a few short months or doesn’t have any material defects that were not previously mentioned by you. During this time an environmental study will be completed, and negotiations surrounding continued employment for the former owner and their employees are finalized with our team*. Step 4:  Purchase Agreement With the purchase price confirmed, we then memorialize all the terms of the proposed transac…

Read More>

Autonomous Mine Trains OK’d in Australia

Category:

…ulator (ONRSR) has officially approved the AutoHaul technology that mining company Rio Tinto used to complete a 62 mile train trip in October. The train was monitored by crews throughout the process. The company plans to use the trains to haul iron ore from the company’s 16 work sites to ports. Related: Learn how PetroChoice helps serve the mining industry The autonomous trains will operate on the company’s 1,056 miles of track. They plan on havin…

Read More>

Diesel Exhaust Fluid

Category:

…an go up to 6,000 miles between fill-ups. Will a truck quit if it runs out of DEF? No. An engine will not be shut down or be unable to restart as a result of running out of DEF. However, if the DEF tank is empty, engine horsepower will de-rate and new DEF should be added to the tank. Will DEF freeze in cold weather? DEF begins freezing at 12 degrees Fahrenheit. If DEF freezes, the engine will start and run properly (no de-rate or malfunctioning li…

Read More>

PetroChoice Builds a World Class Product Integrity Program

…well: “This shouldn’t be viewed as something we have to follow, but as the basis for how we conduct our business.” If you have questions, feel free to reach out to Rick Renner – rrenner@petrochoice.com .  …

Read More>

Oil Analysis Programs are Simple to Start

Category:

…isn’t submitted, the less representative it is from the current operating component.” In general, Wyant recommends sampling at each drain interval. This allows for analysis to be performed consistently and for equipment owners to better track trends. “Test interval frequency is based upon the service interval frequency,” Wyant said. “Any time the fluid is changed or the component is serviced, the fluid should be sampled and tested.” Testing time…

Read More>

A Brief History of Oil in America, Part 1

Category:

…declared a monopoly in violation of the act and broken into 34 independent companies. Many of these companies continue to exist at the forefront of the oil and lubrication industry today. Rockefeller’s company may have been no more, but he had left his mark on an industry that was now firmly entrenched in American society. The burgeoning auto industry, rapid industrialization and increasing government interest was about to make oil take off. “Ther…

Read More>

PetroChoice Acquires the Lubricant Division of Rex Oil Company

Category:

…s pleased to announce the acquisition of the lubricant division of Rex Oil Company in Thomasville, North Carolina, solidifying its footprint in Central North Carolina. “At PetroChoice, we take pride in offering our customers unparalleled sales, service and distribution capabilities. The addition of Rex Oil will allow us to reach our Central North Carolina and Southern Virginia customers more efficiently and effectively,” said Bob Crouch, Executive…

Read More>

PetroChoice Acquires Hagan Kennington Oil Company

Category:

…PetroChoice is pleased to announce the acquisition of Hagan Kennington Oil Company in Charlotte, North Carolina. The deal further broadens PetroChoice’s distribution reach in North and South Carolina. Read more here >…

Read More>

OSHA Proposes Fining Companies for Role in Bridge Collapse

Category:

…bridge collapse that killed six. According to reports, OSHA has cited five companies who were involved in the construction of the bridge that killed five motorists and a worker, while injuring five others. Figg Bridge Engineers and Network Engineering Services were cited for exposing employees to physical danger, Structural Technologies and Munilla Construction Management were each given two citations for failing to provide adequate personal fall…

Read More>

Mining Giant DeBeers to Begin Selling Man-Made Diamonds

Category:

…natural ones. These synthetic diamonds mark a major change of pace for the company, which had previously insisted it would never sell man-made stones and had been critical of competitors who did. Related: Learn more about PetroChoice’s products and services for the mining industry According to CNN, the man-made diamonds will cost around $800 for a one carat stone. A similar natural diamond would retail for closer to $8,000 Each will contain a tiny…

Read More>