Chevron Products Co., a division of the integrated energy behemoth, Chevron Corp. (CVX - Free Report) , introduced its new GST® Premium 32 turbine oil which is expected to enhance the durability and performance of turbines that play a critical role in power generation across industries.
The product is ideal for use in turbines that face extreme temperatures as it offers increased longevity through oxidation and thermal stability with varnish control and reduced deposit formation.
Reducing the deposit formation in reservoirs and other high temperature areas of the turbine is achieved through a combination of highly refined group II base stocks and an exclusive additive package. The oil’s suitability also extends to industrial applications that require an R&O, ISO 32 circulating oil.
The highly viscous nature of the liquid ensures that the minimum viscosity is retained during temperature fluctuations, further supporting its suitability at extreme temperatures. Other highlights that make the GST Premium oil a valuable buy include prevention against rust and corrosion, minimum foaming, fast air release and water removal through fast water separation.
Meeting standards of several OEMs (Original Equipment Manufacturers), including Mitsubishi Heavy Industries, Siemens and Alstom, GST Premium has attained power generation suitability for several markets such as petrochemical production, utilities and heavy industries.
Chevron Products Company is a producer of technologically developed engine oils, lubricants and coolants. The products are marketed under the brand names of Chevron, Texaco and Caltex.
San Ramon, CA-based Chevron is engaged in oil and gas exploration and production, refining and marketing of petroleum products, manufacturing of chemicals and other energy-related businesses.
Chevron currently holds a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months.
Meanwhile, one can look at other stocks in energy sector such as Seacor Holdings Inc. (CKH - Free Report) , Magellan Midstream Partners LP (MMP - Free Report) and Dril-Quip, Inc. (DRQ - Free Report) . All these stocks currently sport a Zacks Rank #1 (Strong Buy).