Afton Chemical Scheduled to Exhibit and Present at the Annual International CTI Symposium

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Afton Chemical will be exhibiting and presenting at the annual International CTI Symposium, which takes place in Berlin on December 9-10, 2014. The event brings together specialists of the lubricant sector as well as experts of the mechanical engineering and automotive industry.

Expertise in fuel efficiency is the major theme of Afton Chemical’s presence at CTI. Under the banner of Driving Efficiency, Afton Chemical will be exhibiting new approaches to deliver high-value CO2 savings to transmission and automotive OEMs. Illustrations of how additives can enable novel engineering solutions, along with optimising fluid properties will be on show at Afton Chemical’s stand.

In his talk entitled, “The €95m Challenge: Efficient Transmissions through Fluid Design”, Joe Carroll, R&D Group Leader at Afton Chemical will discuss how demonstrable fuel economy gains can be realized directly from changing lubricant, with low development cost to the OEM. More specifically, how changing the automatic transmission fluid (ATF) in a vehicle can result in 1-3% fuel economy improvements relative to the original factory installed fluid. This could be in the range of 1g/km CO2, which could relieve fines on a medium size auto-maker by €95m. This improvement in fuel economy is directly attributable to changes in the fluid’s physical properties. Joe will compare and contrast alternative formulation styles and from new research provide insight into which style offers the best fuel economy solution given an OEM’s engineering requirements.

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Joe Carroll has been with Afton Chemical for five years. Since 2013, he has held the position of R&D Group Leader of Afton’s ATF Applied Research Group, focused on the enablement of the next generation of breakout ATF technologies. For the past two years, Joe’s particular area of focus has been on novel additive research for improved fuel economy. Prior to working for Afton, Joe worked for Cabot Corporation developing formulations for advanced coatings and digital printing applications. He has over eight years’ experience formulating in different roles in the chemical and additive industry.

Afton Chemical Corporation, part of the NewMarket Corporation (NYSE: NEU) family of companies, develops and manufactures petroleum additives that help fuels burn cleaner and more efficiently, engines run smoother, and machines last longer. We offer performance fuel additives and refinery chemicals, such as gasoline performance additives, diesel fuel additives, lubricity improvers, and cold flow improvers; driveline products, such as automotive gear oil and automatic transmission fluid additives; engine oil additives for passenger car engines, heavy duty diesel engines, and railroad and marine diesel engines; additives for industrial products, such as antiwear and R&O hydraulic oils, industrial gear oils, grease, and industrial specialty chemicals. The company supports global operations through regional headquarters located in Asia Pacific, EMEAI, Latin America and North America. Afton Chemical Corporation is headquartered in Richmond, Virginia.

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