Mergers & Acquisitions

Political Pressure Mounts Against Lubnor Sale
Petrobras logo on the facade of its headquarters building in Vitoria, Espirito Santo, Brazil. © SERGIO V S RANGEL

Political Pressure Mounts Against Lubnor Sale

Lube Report Americas - March 22, 2023

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the ...

KLK Acquires Oleo Maker Temix

KLK Acquires Oleo Maker Temix

Lube Report EMEA - March 14, 2023

KLK Oleo acquired a controlling stake in Italian oleochemical producer Temix Oleo, the companies announced. The move exp ...

Motorex Acquires Spectro Performance Oils

Motorex Acquires Spectro Performance Oils

Lube Report Americas - February 15, 2023

Motorex USA Inc. acquired Intercontinental Lubricants Corp.’s Spectro Performance Oils business, the company announced ...

Vivo, Engen Merge African Operations

Vivo, Engen Merge African Operations

Lube Report EMEA - February 14, 2023

Engen and Vivo Energy will combine their respective African businesses to create one of Africa’s largest energy distri ...

Additive

Ardova Chief Wants to Buy Out Minority Owners

Lube Report EMEA - February 14, 2023

The majority owner of Nigerian fuels and lubricant supplier Ardova plc has proposed to buy out other shareholders and to ...

Vertex Sells Heartland Rerefinery

Vertex Sells Heartland Rerefinery

Lube Report Americas - February 1, 2023

Vertex Energy Inc. announced today that it has again reached an agreement to sell its Heartland used motor oil collectio ...

Aramco Subsidiary Absorbs Motiva Trading

Aramco Subsidiary Absorbs Motiva Trading

Lube Report Americas - January 25, 2023

Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker ...

ExxonMobil Keeps Thailand Lubes Business

ExxonMobil Keeps Thailand Lubes Business

Lube Report Asia - January 13, 2023

ExxonMobil announced yesterday that it will create a new company for its finished lubricants and chemicals business in T ...

Additive

Lubnor Sale Sent Back for Review

Lube Report Americas - January 11, 2023

Last year’s purchase of the Lubnor refinery by Grepar Participacoes will be reviewed by a Brazilian court after a judi ...

Additive

Shell Acquires Lubrication Systems Firm

Lube Report Americas - December 28, 2022

Shell, through its subsidiary Pennzoil-Quaker State, acquired the parent company of Allied Reliability Inc., an industri ...

Dussur Buys Stake in Italmatch

Dussur Buys Stake in Italmatch

Lube Report EMEA - December 13, 2022

Saudi investment firm Dussur has agreed to buy a minority stake in Italmatch Chemicals, a growing Italy-based company th ...

Shell Acquires 49% Stake in Rerefiner

Shell Acquires 49% Stake in Rerefiner

Lube Report Americas - December 7, 2022

Shell announced that its Pennzoil-Quaker State Co. purchased a 49% interest in Blue Tide Environmental LLC, which plans ...

Oleon Acquires Blending Plant in Texas

Oleon Acquires Blending Plant in Texas

Lube Report Americas - December 7, 2022

Oleochemical producer Oleon acquired a blending plant in Conroe, Texas, the company announced this week. Oleon’s ester ...

Greif Acquires Lee Container

Greif Acquires Lee Container

Lube Report Americas - November 16, 2022

Industrial packaging supplier Greif Inc. said last week that it has reached a $300 million deal to acquire Lee Container ...

Shell Acquires Panolin’s Biolubes Business

Shell Acquires Panolin’s Biolubes Business

Lube Report EMEA - November 8, 2022

Shell agreed to acquire the environmentally considerate lubricants business of Switzerland-headquartered independent lub ...

Additive

Merger for Caldic, Connell Specialty Units

Lube Report Asia - October 21, 2022

Private equity investment firm Advent International and Wilbur-Ellis announced last week they are merging their life sci ...

Infineum Buying Pipeline Materials Unit

Infineum Buying Pipeline Materials Unit

Lube Report Americas - October 12, 2022

Infineum announced yesterday it will acquire Billerica, Massachusetts-based Entegris’ Pipeline and Industrial Material ...