Mergers & Acquisitions

Russia's Gazprom Neft Lubricants expanded its presence in Southeast Asia by signing a memorandum of cooperation and a supply deal with key Taiwanese a ...

Gazprom Neft Lubricants launched an automated factory fill facility at a Mercedes-Benz heavy duty vehicle assembling plant in Tatarstan, Russia. The f ...

Royal Dutch Shell is considering selling its 75 percent stake in Chinese lubricant joint venture Shell Tongyi (Beijing) Petroleum Chemical Co., Dow Jo ...

Vertex Energy Inc. closed on its acquisition of Heartland Group Holdings – a used oil collection network and rerefinery in Columbus, Ohio – ...

Lubricant additive marketer Lubrizol Corp. has entered into an exclusive agreement to carry Mitsui Chemicals Lucant polymer products, materials used i ...

Dow Chemical agreed to sell Angus Chemical to private equity investment firm Golden Gate Capital for $1.2 billion. Subject to approvals, the transacti ...

Sinopec recently signed a deal with the Italian racing lubes supplier Pakelo to serve Chinese sports car owners. Under the agreement, Sinopec will be ...

Cosco Shipping Co.'s subsidiary, Guangzhou Ocean Shipping Co., has agreed to increase its investment in Total's three, soon-to-be combined lubricant c ...

Two U.S. lubricant distributors with extensive but distinct geographic reaches joined forces this week, as PetroChoice acquired PetroLiance. PetroChoi ...

ARG Sells Brad Penn Brand

November 5, 2014

American Refining Group agreed in principle to sell the Brad Penn Lubricants brand to D-A Lubricant Co., of Lebanon, Ind. Terms were not disclosed. Th ...

Quaker Gets Biolubes Maker

November 5, 2014

For a decade, officials at Quaker Chemical Corp. had a chance to observe Binol AB, which served as a Quaker distributor for industrial lubricants. App ...

Gulf PetroChem confirmed that its open offer to acquire publicly held shares of Sah Petroleums stock ended Oct. 28. The United Arab Emirates-based com ...

Castrol, TechSolve Form JV

October 22, 2014

BPs Castrol and U.S.-based TechSolve launched Optis last week, a 50-50 joint venture which Castrol says is the first such agreement between a lubrican ...

HCC Buys Used Oil Collector

October 22, 2014

Heritage-Crystal Clean acquired FCC Environmental for $90 million, adding 54 million gallons per year of used oil volume. Heritage officials said Frid ...

Nigeria held its first Lubricant Summit in Lagos in August to discuss the state of the industry and plan the sectors future. Attendees paid particular ...

Gulf Petrochem on Wednesday announced an offer to acquire an additional 26 percent of Sah Petroleums Ltd. from public shareholders. Gulf Petrochem alr ...

Distributor PetroChoice acquired LubriCorp and opened a hub in Ohio last week. The company did not disclose costs, but said the moves will help expand ...

Specialty chemicals manufacturer Trecora Resources closed last week on a $73 million acquisition of Schumann/Steiers Texas subsidiary, SSI Chusei, whi ...

Naco Lubrication Co. and Luan Group are building a plant in Chinas Shanxi Province that will use coal-to-liquids feedstocks to manufacture polyalphaol ...

Russian state-owned oil major Rosneft and petrochemicals company Sibur signed a five-year lubricants development and supply deal. Under the five-year ...