Mergers & Acquisitions

Neste Divests Stake in Nynas

September 22, 2020

A district judge in Sodertorn, Sweden, on Thursday approved Nynas AB’s petition to extend its court-administered reorganization process for another ...

A financially struggling molybdenum mineral exploration and development company took steps last week to sell a mine in Nevada as part of an effort to ...

Rubis Acquires Tepsa

August 31, 2020

Rubis Terminal recently acquired Tepsa, a Spanish company that provides storage for bulk base oil, lubricants and other petroleum products. Terms were ...

South Korean conglomerate SK Innovation announced last week that it hired Citigroup Global Markets to help it explore the possibility of selling subsi ...

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Brazilian state of Ceara, but th ...

Idemitsu Kosan Co. announced Thursday that it has reached an agreement to sell Shell Lubricants Japan back to Shell, 16 months after the businesses me ...

The European Commission granted conditional approval last week for the merger of PKN Orlen and Lotos, Poland’s two main oil companies and lubricant ...

Chemicals company Brenntag acquired Thailand-based lubricants distributor Oils ‘R Us Co. Ltd. as part of its expansion into Southeast Asia.

Canadian wax maker The International Group Inc. has acquired Picayune, Mississippi-based Rheogistics LLC, which supplies lubricants and mechanical sta ...

Altivia Oxide Chemicals LLC acquired KMCO and its associated chemical ethoxylation manufacturing assets in Crosby, Texas, last week out of Chapter 7 b ...

Clean Harbors acquired a small API Group II+ rerefinery in New Hampshire last month, providing its Safety-Kleen subsidiary with a foothold in the Nort ...

Alimentation Couche-Tard Inc. has put on hold plans for a revised proposal to acquire Caltex Australia, citing economic impacts and uncertainty brough ...

GP Global acquired the lubricants assets of Lagos, Nigeria-based Grand Petroleum. A GP Global executive told Lube Report yesterday the acquisition is ...

DuBois to Acquire Cimcool

March 25, 2020

Hillenbrand Inc. will sell its Cimcool metalworking fluids business to DuBois Chemicals Inc. for $224 million in cash, under an agreement announced la ...

Japan Idemitsu Kosan Co. plans to sell wholly owned subsidiary Shell Lubricants Japan back to Shell as it looks for more overseas opportunities amid a ...

Brazils Petrobras said Tuesday that it plans to sell its fuels and lubricants business in Colombia, part of a broader plan to sell assets in order to ...

Calumet Specialty Products Partners L.P. announced yesterday it had acquired Paralogics LLC, a producer of candle and industrial wax blends based in M ...

SK Lubricants acquired a 49 percent stake in Mekong Petrochemical JSC, Vietnams largest private lubricant company, as part of an expansion bid into th ...

Specialty chemicals manufacturer Vertellus acquired Denham Springs, Louisiana-based Bercen Chemicals, a lubricant additives and alkyl succinic anhydri ...

Kluber Lubrication announced last week it acquired wire drawing lubricant producer Traxit International GmbH and its subsidiaries.