Business

Base oil capacity in the United States totaled 217,300 barrels per day on Jan. 1, unchanged from 2011, according to American Fuel & Petrochemical ...

Contract blender and packager Lubricating Specialties Co. has acquired Wynn Oil Co.s former blending plant in Azusa, Calif., for an undisclosed amount ...

Private equity firm CCMP Capital Advisors will acquire Milacron from Avenue Capital Group for an undisclosed amount. Milacrons Cimcool industrial flui ...

MOSCOW – Russian production of high quality API Groups II and III base oils is predicted to reach 1.7 million tons per year by 2020, meeting dom ...

Private equity firm The Riverside Co. acquired Galaxy Associates as an add-on to DuBois Chemicals. Both companies make specialty chemicals, including ...

WD-40 posted $10.6 million in operating income for the quarter ending Feb. 29, up 16.5 percent from the year-ago period, with net sales up 9 percent a ...

Sonneborn Changes Hands

April 4, 2012

One Equity Partners on Friday acquired white oils producer Sonneborn from Sun Capital Partners for an undisclosed amount. Sonneborn supplies white oi ...

MOSCOW – Russias grease production is expected to grow at an annual rate of 5 to 7 percent after 2014, when new plants will be launched, a resea ...

Kimes, Peterson Merge

March 28, 2012

Sulfonates marketers Kimes Technologies International and Peterson Industries have merged under the Kimes name to promote a global growth strategy. T ...

Lubrizols acquisition of grease manufacturer Chemtool remains under Federal Trade Commission review, and Lubrizol expects to close on the deal once th ...

U.S. demand for synthetic lubricants and functional fluids will grow more than 8 percent annually to $7.4 billion in 2015, boosted by modern equipment ...

New Lubes JV in Singapore

March 21, 2012

Hup Soon and AP Oil yesterday announced a 50-50 joint venture in Singapore to develop and produce lubricants under a new brand name, to be sold global ...

Kline & Co. projects 16 percent annual growth in lubricant consumption in the global wind turbine industry over the next five years, although eco ...

Heckmann Corp. will acquire used motor oil collector Thermo Fluids Inc. from private equity firm CIVC Partners for $245 million in cash and stock shar ...

Quaker Sales, Income Up

March 14, 2012

Lubricant supplier Quaker Chemical posted substantial increases in net income for 2011s fourth quarter and the full year, compared to results in the y ...

Brazils Cosan announced last week it is acquiring U.K.-based Comma Oil and Chemicals Ltd., staking a foothold in the European lubricants and specialti ...

Calumet Posts Strong 4Q

February 22, 2012

Calumet Specialty Products Partners fourth quarter 2011 net income was up compared to the year earlier quarter, and its full year 2011 net income also ...

2011 Healthy Year for Fuchs

February 22, 2012

Fuchs Petrolub AG posted 2011 earnings of 183 million (U.S. $240.7 million) on full-year sales revenue of 1.7 billion, up from 2010 earnings of 172 mi ...

Oronite Picks Parfitt

February 22, 2012

Chevron Oronite named Colin Parfitt vice president of sales and marketing effective April 1, succeeding Andy Tugendhat, who will retire after more tha ...

Craft Oil Nabs Neslo

February 15, 2012

Craft Oil Co. announced Feb. 10 it acquired Neslo Petroleum Products Inc. in Ford, New Jersey. The lubricant distributor did not disclose terms of the ...