WEST SACRAMENTO, Calif., June 24, 2013 /PRNewswire/ -- Greyrock Energy, Inc. announces today that it has entered into an agreement for Lubrizol to supply cold weather diesel fuel additives for Greyrock's groundbreaking, distributed natural gas-to-liquids (GTL) technologies. The additives will allow Greyrock to meet seasonal and regional specifications for diesel fuels sold and distributed in the continental United States.
"Our distributed natural gas-to-liquids platform produces a zero sulfur, high quality diesel fuel that significantly exceeds ASTM D975 standards in critical areas such as cetane, sulfur and lubricity," explains Robert Schuetzle, Greyrock chief executive officer. "The custom additive package developed by Lubrizol will ensure that our diesel fuel meets the different regional and seasonal specifications in all U.S. markets. We are very excited about this partnership."
As an R&D leader of advanced additive technologies, Lubrizol helps customers bring differentiated fuels to the market. Through this engagement with Greyrock, Lubrizol is expanding its leadership into synthetic fuels produced from natural gas.
"Lubrizol expertise in cold flow technology will help enable year-round production and effectiveness of Greyrock's new diesel fuel technology," explains John Taracha, Lubrizol diesel additives product manager. "This partnership will help contribute to the increased availability of domestic fuel production and provide for flexibility of its use during the critical winter season."
"While we are very excited about our technology's potential to cost-effectively produce diesel fuel directly from abundant and inexpensive natural gas from distributed resources, we are equally excited by the high performance of the Greyrock fuel," continues Schuetzle. "And, Lubrizol will be integral in supporting improved performance of our fuel in cold weather operation."
About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives.
With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 7,000 employees worldwide. Revenues for 2012 were $6.1 billion. For more information, visit Lubrizol.com.
About Greyrock Energy
Greyrock Energy develops groundbreaking technologies for the direct conversion of natural gas into pump-ready transportation fuels. Greyrock's direct conversion technologies avoid many of the costly and large-scale processes associated with historical GTL approaches, allowing much wider and more flexible deployment, at much lower gas volumes. Greyrock was founded in 2006 and is headquartered in Sacramento California. For more information, please visit http://www.greyrock.com.
SOURCE Greyrock Energy, Inc.