This Week’s Market Buzz

Oil futures ended sharply higher at press time as the International Energy Agency lifted its demand outlook for crude and a U.S. government report revealed a third-weekly drop in weekly inventories, prompting prices to post their highest finish since mid-March. In its monthly report, the International Energy Agency raised its forecast [https://www.marketwatch.com/story/iea-says-global-oil-market-is-recovering-and-lifts-demand-forecast-11618390949?mod=mw_latestnews] for global oil demand in 2021 by 230,000…

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Volvo Construction Equipment Extends Oil Change Intervals

Volvo Construction Equipment is releasing new oil change filters that extend drain intervals to 1,000 hours for articulated haulers, wheel loaders and excavators. Longer intervals save customers up to 50% on maintenance costs and planned downtime without compromising component performance or longevity.

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Graymont Reports on Sustainability

Graymont published its 2020 Sustainability Report, designed to provide an overview of the company’s commitment to achieving industry leadership in all aspects of sustainability – health, safety and environment, economic and social. “It is what underpins Graymont’s mission to improve our world by responsibly meeting society’s needs for quality lime and limestone products,” it stated in the report.

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OSSGA Presents Health & Safety Innovation Award

James Dick Construction’s Brechin Quarry and Assinck Limited were presented with the inaugural 2020 Ontario Stone, Sand & Gravel Association (OSSGA) Health & Safety Innovation Award, in recognition of their innovative Safe-T-Key that allows for opening/closing doors, and punching keypads without touching surfaces, thereby preventing the spread of COVID-19.

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