Sepahan Oil Company
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Sepahan Oil Company
Sepahan Oil Company (SOC), established in 2002, is an oil refining independent company based in Tehran with its refining facilities located in Isfahan. In 2013, SOC began offering shares of stock on Tehran Stock Exchange. With the annual production capacity of more than 700,000 MT, SOC is now the largest producer of base oil in the Middle East. Under the brand name of Speedy, the company is one of the main producers of diesel and engine oils in the Mideast as well. Products SOC's primary products include engine oil, industrial lubricant, automobile gear oil, grease and antifreeze, paraffin, and heavy slackwax, as well as base oil SN500. Certifications The company has been awarded nationally and internationally. It has received Iran's Best Exporter of the Year Awards in 1383 (2004), 1386 (2007), 1390 (2011), 1391 (2012) and in 1393 (2014), as well as Iran Best Industrial Co. Award in 1383 (2004). It received the Golden Award for Quality & Business Prestige in 2007 (Geneva, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Tehran Stock Exchange
The Tehran Stock Exchange (TSE) ( fa, بورس اوراق بهادار تهران, romanized: ''Burs-e Owraq-e Bahadar-e Tehran'') is Iran's largest stock exchange, which first opened in 1967. The TSE is based in Tehran. , 339 companies with a combined market capitalization of US$104.21 billion were listed on TSE. TSE, which is a founding member of the Federation of Euro-Asian Stock Exchanges, has been one of the world's best performing stock exchanges in the years 2002 through 2013. TSE is an emerging or "frontier" market. Iran's capital market has companies from a wide range of industries, including automotive, telecommunications, agriculture, petrochemical, mining, steel iron, copper, banking and insurance, banking and others. Many of the companies listed are state-owned firms that have been privatized. History The concept of stock industrialization dates to 1936, when Bank Melli, together with Belgian experts, issued a report detailing a plan for an operational stock ...
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OHSAS 18001
OHSAS 18001, Occupational Health and Safety Assessment Series, was an international standard for occupational health and safety management systems that was subsequently adopted as a British Standard. Compliance with it enabled organizations to demonstrate that they had a system in place for occupational health and safety. BSI cancelled OHSAS 18001 to adopt ISO 45001. ISO 45001 was published in March 2018 by the International Organization for Standardization. Organizations that are certified to OHSAS 18001 were able to migrate to ISO 45001 by March 2021 to retain a recognized certification. Origins Organizations worldwide recognize the need to control and improve health and safety performance and do so with occupational health and safety management systems (OHSMS). However, before 1999 there was an increase of national standards and proprietary certification schemes to choose from. This caused confusion and fragmentation in the market and undermined the credibility of individual sch ...
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ISO/TS 16949
IATF 16949:2016 is a technical specification aimed at the development of a quality management system which provides for continual improvement, emphasizing defect prevention and the reduction of variation and waste in the automotive industry supply chain and assembly process. It is based on the ISO 9001 standard and the first edition was published in June 1999 as ISO/TS 16949:1999. IATF 16949:2016 replaced ISO/TS 16949 in October 2016. The standard was prepared by the International Automotive Task Force (IATF) and the "Technical Committee" of ISO. It harmonises the country-specific regulations of quality management systems. About 30 percent of the more than 100 existing motorcar manufacturers follow the requirements of the norm but especially the large Asian manufacturers have differentiated and have their own requirements for the quality management systems of their corporate group and their suppliers. ISO/TS 16949 applies to the design/development, production and, when relevant ...
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ISO 9001
The ISO 9000 family is a set of five quality management systems (QMS) standards that help organizations ensure they meet customer and other stakeholder needs within statutory and regulatory requirements related to a product or service. ISO 9000 deals with the fundamentals of QMS, including the seven quality management principles that underlie the family of standards. ISO 9001 deals with the requirements that organizations wishing to meet the standard must fulfill. ISO 9002 is a model for quality assurance in production and installation. ISO 9003 for quality assurance in final inspection and test. ISO 9004 gives guidance on achieving sustained organizational success. Third-party certification bodies provide independent confirmation that organizations meet the requirements of ISO 9001. Over one million organizations worldwide are independently certified, making ISO 9001 one of the most widely used management tools in the world today. However, the ISO certification process has b ...
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Vanity Award
A vanity award is an award in which the recipient purchases the award and/or marketing services to give the false appearance of a legitimate honor. Pitches for ''Who's Who''-type publications (see vanity press), biographies or nominations for awards or special memberships can have a catch to them in which the honoree is required to pay for recognition. Vanity book awards The vanity award phenomenon among book awards was noted in a ''Salon'' article by Laura Miller in 2009. Vanity book awards are characterized by dozens (or more) of categories to ensure that most applicants are winners or finalists. Other characteristics include high entry fees, or fees for other services such as trophies, prominent display on the award website; or promises of marketing. Self-published authors seeking promotion and recognition are commonly customers of vanity award services. List of vanity book awards The following have been called vanity awards. * The 2009 National "Best Books" Awards given by U ...
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Golden Award For Quality & Business Prestige
Otherways Management Association Club (OMAC) is a Paris-based organisation selling what the Center for Investigative Reporting and the Organized Crime and Corruption Reporting Project (OCCRP) have called "meaningless international awards", and are more widely known as "vanity award A vanity award is an award in which the recipient purchases the award and/or marketing services to give the false appearance of a legitimate honor. Pitches for ''Who's Who''-type publications (see vanity press), biographies or nominations for award ...s". Otherways was founded in about 1996 by Lebanese businessman, Charbel S. Tabet, the president and CEO. Before founding Otherways, Tabet worked as a consult for another vanity award organization, Global Trade Leader’s Club. Tabet is also the founder and director of Foodica Best Foods, which has received awards from OMAC. Otherways market a number of awards: * Diamond Eye Award for Quality Commitment & Excellence * Global Award for Perfection, Qualit ...
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Slackwax
Slackwax is a German musical duo of electronic music formed in 2005 and made up of Bernd Batke and Peter Hoppe. Batke was at the same time frontman, singer and bass player of the neo-country band Smokestack Lightnin', whereas Hoppe was a Nuremberg-based music producer. The style of the duo is electro, moody and atmospheric with elements of jazz, blues, soul, country together with contemporary beats and modern production techniques. They are signed to the German label Modernsoul. The duo released a self-titled EP titled ''Slackwax'' in 2008, followed by EP "''Close to My Fire'' (in 2010), their best known hit and EP ''Night Out'' (2012) and are preparing for a full studio album for 2013 with "Night Out" as the first single from the release. They also released two mix EPs, ''Night Out – The Remixes'' in 2012 and ''Slackwax reworks Mousse T.'' also in 2012 offering a completely new perspective on Mousse T. hits with vocals from Anna Leyne on the tracks. Slackwax are most famous fo ...
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Paraffin Wax
Paraffin wax (or petroleum wax) is a soft colorless solid derived from petroleum, coal, or oil shale that consists of a mixture of hydrocarbon molecules containing between 20 and 40 carbon atoms. It is solid at room temperature and begins to melt above approximately , and its boiling point is above . Common applications for paraffin wax include lubrication, electrical insulation, and candles; dyed paraffin wax can be made into crayons. It is distinct from kerosene and other petroleum products that are sometimes called paraffin. Un-dyed, unscented paraffin candles are odorless and bluish-white. Paraffin wax was first created by Carl Reichenbach in Germany in 1830 and marked a major advancement in candlemaking technology, as it burned more cleanly and reliably than tallow candles and was cheaper to produce. In chemistry, ''paraffin'' is used synonymously with ''alkane'', indicating hydrocarbons with the general formula C''n''H2''n''+2. The name is derived from Latin ''parum'' (" ...
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Antifreeze
An antifreeze is an additive which lowers the freezing point of a water-based liquid. An antifreeze mixture is used to achieve freezing-point depression for cold environments. Common antifreezes also increase the boiling point of the liquid, allowing higher coolant temperature. However, all common antifreeze additives also have lower heat capacities than water, and do reduce water's ability to act as a coolant when added to it. Because water has good properties as a coolant, water plus antifreeze is used in internal combustion engines and other heat transfer applications, such as HVAC chillers and solar water heaters. The purpose of antifreeze is to prevent a rigid enclosure from bursting due to expansion when water freezes. Commercially, both the ''additive'' (pure concentrate) and the ''mixture'' (diluted solution) are called antifreeze, depending on the context. Careful selection of an antifreeze can enable a wide temperature range in which the mixture remains in the liquid p ...
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Grease (lubricant)
Grease is a solid or semisolid lubricant formed as a dispersion of thickening agents in a liquid lubricant. Grease generally consists of a soap emulsified with mineral or vegetable oil. A common feature of greases is that they possess a high initial viscosity, which upon the application of shear, drops to give the effect of an oil-lubricated bearing of approximately the same viscosity as the base oil used in the grease. This change in viscosity is called shear thinning. Grease is sometimes used to describe lubricating materials that are simply soft solids or high viscosity liquids, but these materials do not exhibit the shear-thinning properties characteristic of the classical grease. For example, petroleum jellies such as Vaseline are not generally classified as greases. Greases are applied to mechanisms that can be lubricated only infrequently and where a lubricating oil would not stay in position. They also act as sealants to prevent ingress of water and incompressible materia ...
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Gear Oil
Gear oil is a lubricant made specifically for transmissions, transfer cases, and differentials in automobiles, trucks, and other machinery. It has high viscosity and usually contains organosulfur compounds. Some modern automatic transaxles (integrated transmission and differential) do not use a heavy oil at all but lubricate with the lower viscosity hydraulic fluid, which is available at pressure within the automatic transmission. Gear oils account for about 20% of the lubricant market. Most lubricants for manual gearboxes and differentials contain extreme pressure (EP) additives and antiwear additives to cope with the sliding action of hypoid bevel gears. Typical additives include dithiocarbamate derivatives and sulfur-treated organic compounds ("sulfurized hydrocarbons"). EP additives which contain phosphorus/sulfur compounds are corrosive to yellow metals such as the copper and/or brass used in bushings and synchronizers, unless properly buffered; the GL-1 class of gea ...
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