Old World Industries, Northbrook, IL, manufacturer and trademark owner of the PEAK line of anti-freeze, is making good use of its brand recognition in the antifreeze and washer fluid market to introduce a new line of motor oil and other lubricants. Old World states that it has introduced the new line of PEAK Premium Motor Oils and Lubricants.

Chaparral Steel Company has announced that its Board of Directors has initiated a review of strategic alternatives. The Company will consider the full range of possible alternatives. These alternatives could include possible strategic partnerships, mergers, acquisitions, sale or recapitalizations.

Ternium S.A. has announced that it has entered into a definitive agreement under which it expects to obtain control of Grupo Imsa S.A.B. de C.V. in Mexico for a total consideration (equity value) of approximately US$1.7 billion.

April 17, 2007, Old Dominion Freight Line, Inc. has announced a definitive agreement to purchase selected assets of Priority Freight Lines, headquartered in Sumner, Washington. Priority Freight Lines produced revenue of approximately $17 million for the year ended December 31, 2006, through its network of eight owned and leased service centers located in Washington, Oregon, Idaho and Utah.

Chevron's Lubricants University, an online training resource offering information on relevant technologies and trends in the lubrication and maintenance industry, has announced that it will offer its "Fundamentals of Lubrication" training course in Spanish. The course targets Spanish speaking industrial maintenance professionals and maintenance departments with Spanish speaking employees interested in gaining an understanding of lubrication and its role in preventing wear and friction in mechanical equipment.

During this past week, BP, Petro-Canada, Ashland/Valvoline, ConocoPhillips, ExxonMobil, and Chevron reported 1st Quarter 2007 profit and revenue results, with somewhat mixed, but mostly positive, results. ExxonMobil's net income grew 10 percent to $9.3 billion for the January-March period, while BP's net profit for the three months ending March 31 fell 17 percent to $4.66 billion.

The Synthetic R&O/Non-EP Industrial Gear Lubricants Chart is the thirteenth of an eighteen chart set of the Second Edition of our Synthetic Lubricant Cross Reference Chart Series. The complete series consists of over 6,500 (fully) synthetic lubricants marketed by over 425 worldwide lube manufacturing & marketing companies and OEMs.