ADDITECH

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Lowry vs Additech Inc Settlement

Case Number: 2:19-cv-00241

Houston TX

On January 8, 2019, Nick Lowry filed a lawsuit against Additech, Inc. in the Western District of Washington.  The lawsuit alleged that Additech made false and misleading representations about the efficacy of its fuel additives.  On November 12, 2019, the Court entered an order dismissing the case with prejudice and without an award of costs or attorney fees to either party.

Additech, Inc., headquartered in Houston, Texas, is the leading outsourced operator of at-the-pump interactive merchandising systems in North America. Additech’s patented systems, installed on over 1,400 fueling positions at over 400 stores, enable fuel retailers to merchandise a variety of products and services to consumers right at the gas pump. The company’s technology seamlessly integrates with fuel dispensers and point-of-sale systems to offer retailers a complete merchandising solution. For over fourteen years Additech has been helping partners offer products for optimum engine performance and reliability, while adding incremental revenue with each transaction.

Additech offers its solutions to fuel retailers on a turnkey services basis, meaning that Additech manufactures, installs, operates, and maintains its equipment on behalf of fuel retailers. Retailers receive a share of Additech’s revenues while Additech is responsible for operating and maintaining the systems.

Additech’s products are manufactured by Afton Chemical, a leading supplier in the fuel and lube additive industry. Afton is a $1.6 billion company with over 1,000 employees. Afton (formerly Ethyl Petroleum Additives, Inc.) is a key player in the fuel and lubricant additive industry for more than 85 years. With extensive worldwide manufacturing, R&D testing, and sales offices, Afton is a leading global provider of innovative solutions to petroleum and energy companies.

Afton Chemical Corporation is a wholly-owned subsidiary of NewMarket Corporation (NYSE:NEU)