Petro-Canada Lubricants’ new HYDREX™ XV wins 2016 International Stevie Award

Petro-Canada Lubricants, a Suncor business, has earned a Silver Stevie Award from the 13th Annual International Business Awards (IBA) for their latest product innovation, HYDREX XV. The hydraulic fluid, reformulated and relaunched this year, is proven to drive operational efficiency and productivity while minimizing environmental impact through reduced fuel and energy consumption. HYDREX XV was selected for the honour based on its impressive results, including field tests demonstrating up to 5% fuel savings in mobile equipment and up to a 6% increase in productivity.*

“Our customers are always looking for ways to improve their overall efficiency, including reducing their fuel and energy consumption,” says Robert Farthing, category manager, lubricants, Suncor. “We’re proud of this recognition by the IBA, as it supports our ongoing commitment to helping our customers overcome day-to-day operational challenges and achieve their business goals.”

Attracting nearly 4,000 nominations annually, the IBAs were developed to honour the achievements and positive contributions of organizations and working professionals worldwide. The IBAs’ Stevie Awards judging panel consists of more than 200 of the world’s most revered executives, entrepreneurs, innovators and business educators.

This year, judges on the panel for Industrial Products and Services agreed that HYDREX XV is “very impressive in its function, features, benefits and performance to date.”

Petro-Canada Lubricants is no stranger to the Stevie Awards. As a long-standing participant in this awards program, Petro-Canada Lubricants has earned a total of five awards across a range of lubricants and greases, all selected for their achievements in solving leading industry challenges.

This year’s winning hydraulic fluid, HYDREX XV, is designed for use in heavy duty hydraulic systems, and is part of the complete HYDREX hydraulic fluid line. HYDREX XV is used in various industries including construction, mining, forestry and mills, drilling and waste management.

* HYDREX XV compared against leading North American monograde hydraulic fluids.

About Suncor

Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knight’s Global 100. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

About Petro-Canada Lubricants

Petro-Canada Lubricants, a Suncor business, blends and packages more than 350 different lubricants, specialty fluids and greases that are exported to more than 80 countries on six continents. Petro-Canada Lubricants specializes in products and services proven to maximize equipment performance, productivity and overall savings. From heavy duty engine oils to hydraulic fluids, automatic transmission fluids and gear oils and greases – Petro-Canada Lubricants is committed to delivering innovative solutions that deliver value and keep your business moving.

To learn more about Petro-Canada Lubricants Inc. visit lubricants.petro-canada.com

About the Stevie Awards

Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the American Business Awards, the International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 nominations each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.

Learn more about the Stevie Awards at www.StevieAwards.com.