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Infineum agrees distribution deal with World Fuel Services

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Additive-maker Infineum has reached an agreement with World Fuel Services to distribute Infineum’s additives for marine fuel.

Infineum is a joint venture between ExxonMobil and Shell that focuses on developing, producing and marketing petroleum additives for fuels and lubricant products, such as those sold under the Mobil and Shell brands. It applies innovative chemistry to improve products in areas like combining materials that are chemically incompatible, stabilising metal and carbonaceous particles, reducing wear, modifying flow characteristics and improving detergency. Andrea Ghione, the marine venture manager at Infineum, said that the company’s additives for marine fuel can help reduce emissions of greenhouse gases through improved fuel efficiency.

Mark Tamsitt, a senior vice president at World Fuel Services, said the new deal:

“…will be beneficial to maritime customers by expanding the availability of Infineum’s marine fuel additives product range. Both companies share the same commitment to sustainability and to decarbonised shipping operations. We are, therefore, extremely pleased to enter into this agreement and look forward to a close working relationship.”

World Fuel Services provides global maritime fleets with bunkering services and access to other products like lubricants at around 1,200 major seaports. It recently announced that it would work with Scott Petroleum to extend its reach to the Caribbean through bunkering operations in Jamaica. It also recently refuelled the Berlin Express, a 24,000-TEU ultra-large container ship, with bonded liquefied natural gas (LNG) at Ningbo-Zhoushan port in China, making it only the second carrier to be refuelled with bonded LNG at the port.

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