Indy 500

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Driving the Future of Octane

Posted on by Joe Ball

At the Octane National Symposium, held in Indianapolis in late-April 2024, Monument Chemical brought together key players together for once-of-a-lifetime experience.

From April 22 to 24, over one hundred industry experts and technicians flew in from all over the country to swap stories and gain insight into the future of octane fuels. Monument’s Indianapolis Octane National Symposium created an intersection for proven experience and fresh perspectives to give attendees a valuable look into emerging industry trends — and how we’re taking full advantage. And true to Monument fashion, we took the conference experience to another level, hosting it at the Heritage Center with a truly one-of-a-kind tour at the Indianapolis Motor Speedway.

“As a leader in the Octane space, it was our goal to bring together key players in our industry to share best practices on the nuances of Octane measurement,” Indresh Mathur, Director of Innovation and Customer Solutions at Monument, explained. “In addition, we shared our expanded capabilities and investments in the renewable fuels business, particularly in the racing industry, as well as how we leverage decades of history and experience through Haltermann Solutions to support our customers in all the areas they need. This Symposium is just one of many ways we’re raising the bar.”

After a night of networking and introductions, the first day of the three-day event included technical sessions and panel discussions, featuring business leaders from Sunoco, Marathon, ExxonMobil, Argonne Laboratory, and more, as well as several members of the Octane measurement and racing community.

“Our speakers were thoughtfully chosen to facilitate the most effective transfer of knowledge across the industry,” Sarves Peri, VP, Business Leader Monument Renewables and Fuels, shared. “There are a lot of highly experienced leaders entering retirement, so we wanted to give their expertise a platform to educate the young people in our field who are shaping the landscape and designing the future of Octane and Cetane measurement.”

“Following the conference, participants were eager to share positive feedback with the Monument team,” Indresh added.

“Monument did a great job coordinating the event and keeping all the attendees engaged with the presentations, while creating a relaxed, open atmosphere where we could all share insights and stories about our experiences in testing fuels,” Zachary Santner, Manager, Product Engineering and Business Optimization at Sunoco Performance Products, shared. “Building my network of resources for octane testing gave me a lot of confidence in continuing to find parts and service for our old equipment — which is extremely valuable for Sunoco and me personally in navigating any issues my team might encounter related to the knock engines.”

That afternoon, a bus took all attendees to the Indianapolis Motor Speedway for a special access tour led by the head of track operations. Working closely with Milestone, everyone was able not only to get exclusive access to the track itself, but also to see and learn all about a real pace car first-hand.

“I feel like Monument went above and beyond any expectation that anyone had,” Stacy Perry, Refining Analytical & Development’s Quality Programs Compliance Specialist, Marathon. “The tour of the raceway was a once in a lifetime experience for me. But my favorite part of the experience was meeting individuals who have been in the business for many years. Hearing their experience and life lessons is an invaluable practice that provides benefits to everyone. I learned more in the two days of this symposium than I have learned in the ten years I have been in the refining industry.”

Day two featured a highly technical agenda in collaboration with the Joint Regional Octane Group Meeting. Sessions were tailored specifically to these members, while all other attendees had the opportunity to tour The Heritage Lab, as employees shared the history of our research, as well as our current and emerging capabilities in renewable fuels.

“The Center was an amazing venue,” Stacy added. “I got a chance to walk around the woodland trails and fell in love with the creative world they have created!”

From one-of-a-kind tours to invaluable networking and knowledge sharing, Monument is extremely proud of the success of our first Octane Symposium. We’re grateful for our collaboration with CFR Engines Inc., the regional groups, our sponsors, and all the participants in coming together to share valuable perspectives and insights.

“Our role as an industry leader goes far beyond buying and selling Octane and Cetane reference fuels,” Sarves explained. “It’s our responsibility to understand the big picture, how the industry environment is changing, how that impacts our customers’ needs, and how we respond with solutions. And we then share that information with our partners and even our competitors. That’s what being a leader is all about, and we’re very excited about what the future has in store.”

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Fueling Discovery

Posted on by Joe Ball

In the race for innovation, there’s no greater proving grounds than the Indianapolis Motor Speedway (IMS). Throughout its storied history, the Speedway embodies the spirit of discovery.

Indianapolis Motor Speedway has played a pivotal role in shaping the landscape of motorsports worldwide. The Speedway’s marquee event, the Indianapolis 500, has inspired countless imitations and adaptations, solidifying its status as the pinnacle of motorsport. The Indianapolis 500, often referred to as “The Greatest Spectacle in Racing,” is the crown jewel of racing in America. This annual event draws hundreds of thousands of fans to witness the world’s best drivers compete in a grueling 500-mile race. The event’s significance transcends sports, becoming a cultural phenomenon that symbolizes the spirit of competition, perseverance and ingenuity.

The Heritage Group and our operating companies have stood alongside the Indianapolis Motor Speedway for decades. Together, we push boundaries, harnessing emerging science to propel progress forward. But, how exactly, did this long-standing partnership come about?

Our first company, Crystal Flash, sponsored a car for the 1937 running of the Indianapolis 500. Beginning in the late 1950s, Asphalt Materials, Inc. (AMI), a member of Heritage Construction + Materials (HC+M), began supplying bituminous materials for use in track repairs. This partnership continued and expanded in 1988 when Heritage Research Group (HRG), the research and development team of The Heritage Group, designed specific asphalt mixes for the Speedway’s oval.

Since then, the partnership between the two institutions has only strengthened. As time wore on and the track’s racing surface was subjected to the ever-changing climate of Indiana, it was time to update the asphalt, which at the time was only lasting around seven years. When it came to repaving the surface, IMS called upon Heritage to oversee and execute the sensitive work.

It wasn’t until 2013 that the full strength and capabilities of the various operating companies of The Heritage Group were put on display. On October 1, 2013, IndyCar and IMS officials announced a new event, a grand prix race on a road course, to be held in May 2014. However, an entirely new track needed to be designed and built in a very short amount of time. The road course project united Heritage Research Group, Milestone Contractors, US Aggregates and Asphalt Materials, Inc. to complete the work prior to the upcoming winter season which would halt any on-track construction. The work was completed to specifications on time, and the inaugural Indianapolis Grand Prix was held May 10, 2014, just seven months following the event’s announcement.

Enduring Spirit of Innovation

The pursuit of speed at the Indianapolis Motor Speedway has also been a catalyst for scientific discovery. Engineers and mechanics continuously strive to enhance the performance and safety of race cars, often pioneering technologies that eventually find their way into commercial vehicles. From rearview mirrors to disc brakes, from seatbelts to increased fuel efficiency, all of these innovations were first tested at the Speedway before making their way to your personal automobile.

The innovations born on the track often have far-reaching implications beyond racing, contributing to advancements in automotive technology, transportation systems and even environmental sustainability. For example, developments in hybrid and electric vehicle technology, spurred in part by the push for greater fuel efficiency in racing, have the potential to revolutionize the automotive industry and reduce carbon emissions.

Beyond its role as a hub for innovation and scientific discovery, the Indianapolis Motor Speedway holds a special place in the hearts of racing enthusiasts worldwide. The speedway’s illustrious history is dotted with legendary drivers, unforgettable races and dramatic moments that have captivated audiences for generations. From the first Indianapolis 500 in 1911 to the present day, the speedway has been a dramatic stage for both motorsports and human achievement.

“Find those partners that understand your mission and that are willing to work alongside you to make it better,” noted Doug Boles, President of Indianapolis Motor Speedway. “That’s one of the things we love so much about Heritage. We could not have the Indianapolis Motor Speedway and the Indianapolis 500 without our partners at Heritage.”

The enduring partnership between the Speedway and The Heritage Group drives a relentless pursuit of excellence, shaping the next generation of safety, speed and success — both on and off the track.