ILMA Compoundings - January 2021 - 35

U.S. VENTURE INTRODUCES NEW
PRESIDENT OF U.S. LUBRICANTS
U.S. Venture welcomed its new president of its U.S. Lubricants division,
James Williams, who brings with him
over 20 years of experience in business
development, new market expansion
and strategic partnerships.

James Williams

" James brings a wealth of experience
and knowledge within the lubricants
industry, " the company said in a news
release. " He is a highly respected
leader, and his people-centric
leadership style, coupled with his commitment to high performance, make
him a natural fit within our organization. We are thrilled to welcome him
to U.S. Lubricants. "

Resource CEO Ed Driscoll. " Rational
now serves as a resource that extends
the life and value of used motor oil.
While the big refiners tap a finite natural resource, crude oil, to create base
oils, we draw upon a supply stream
of used motor oil while taking a toxic
contaminant out of the waste stream. "
Rational Resource is in the process
of expanding its operational and
executive teams and is expanding the
capacity of its Plymouth, Minnesota,
plant. The expansion is expected to
be completed by the first quarter of
2022. Another plant in Texas will
follow in 2023, and two additional
manufacturing locations are currently
being negotiated.
PILOT CHEMICAL PROMOTES
EMPLOYEE TO RESEARCH FELLOW
Pilot Chemical Corp. promoted
Shoaib Arif to research fellow, the
highest-level technical role at the
company.

" The internal and external acclaim
for Shoaib comes from years of
participation in an area combined
with a proven track record of customer support, successful product
development, industry participation
and relevant publications, " said Glynn
Goertzen, vice president of technology
and innovation and corporate development at Pilot. " Shoaib has exhibited
these throughout his long career, with
the most recent example being the
development and commercialization
of the Aspire®️ line of Pilot Chemical
products. "
FUCHS GROUP PURCHASES
POLYSI TECHNOLOGIES

FUCHS Group acquired PolySi
Technologies Inc., a Sanford, North
Carolina-based company that employs
21 people and generated $9 million in
fiscal year 2019.
" PolySi expands our product and
packaging offering into markets where
silicone technology is utilized, " said
Keith Brewer, president and CEO of
FUCHS Lubricants Co. USA.
BASCO ACQUIRES YOUNGSTOWN
BARREL AND DRUM

RATIONAL ENERGIES REBRANDS
AS RATIONAL RESOURCE

Shoaib Arif

Rational Energies rebranded under its
new name, Rational Resource, and has
unveiled its new product strategy and
expansion plans.
" We're no longer in the traditional
energy business, " said Rational

Arif, who has 30 years of experience
in the chemical industry (15 with
Pilot), is now responsible for developing new products and helping move
products through the commercialization pipeline.

BASCO Inc. acquired Youngstown,
Ohio-based Youngstown Barrel and
Drum (YBD).
" This combination of companies is
exciting because YBD already has business in products and with suppliers

35



ILMA Compoundings - January 2021

Table of Contents for the Digital Edition of ILMA Compoundings - January 2021

ILMA Compoundings - January 2021 - Cover1
ILMA Compoundings - January 2021 - Cover2
ILMA Compoundings - January 2021 - 1
ILMA Compoundings - January 2021 - 2
ILMA Compoundings - January 2021 - 3
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ILMA Compoundings - January 2021 - Cover3
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