Mergers & Acquisitions

After making an offer to acquire Pep Boys for $17 per share, Bridgestone Retail Operations was outbid December 29 by New York City-based Icahn Enterpr ...

Nynas announced Monday the completion of its takeover of a former Shell base oil refinery in Harburg, Germany. API Group I production there has ceased ...

The head of Tide Water Oil said last week that a surge in the companys stock price had helped it avoid a hostile takeover by Standard Greases and Spec ...

Amalie Oil on Monday announced it has acquired a 42-acre lubricant blending and packaging facility in South Carolina from Delfin Group USA. With 14 mi ...

Bridgestone Retail Operations raised its offer to acquire Pep Boys to $17 per share in cash, or $947 million, after a New York City-based holding comp ...

Indias Finance Ministry asked two state-owned insurance companies with stakes in Tide Water Oil not to participate in Standard Greases and Specialitie ...

Ashland Absorbs Oil Can Henrys

December 16, 2015

Ashland entered the quick lube space in several Pacific Northwest markets by snapping up the 89-site Oil Can Henrys chain. The acquisition of the Port ...

DuPont, Dow to Join Forces

December 16, 2015

DuPont and Dow Chemical Co., both involved in the lubricants industry, announced plans Friday to merge to form DowDuPont, which would separate into th ...

Icahn Enterprises L.P. threw a monkey wrench into Bridgestone Retail Operations acquisition of Pep Boys by making a higher cash offer of $15.50 per sh ...

JX Holdings and TonenGeneral Sekiyu KK announced Thursday that they will merge as a way of coping with Japans declining demand for fuel and oil produc ...

BRB, Tiarco Form Partnership

December 2, 2015

BRB International B.V. and Tiarco Chemical entered a commercial and technical partnership to collaborate on the development and supply of lubricant ad ...

JX, Tonen Consider Tie-up

November 24, 2015

JX Holdings and TonenGeneral Sekiyu KK said yesterday that they are discussing possible forms of cooperation as they seek to remain competitive in Jap ...

Chemical distribution giant Brenntag is shifting its North American industry mix to finished lubricants in a big way with the acquisition of mega-dist ...

Tongyi Sale Closes

November 3, 2015

Shell announced yesterday that it has closed on the sale of its 75 percent stake in Tongyi Lubricants to Carlyle Group and Huos Group.

Bridgestone Retail Operations plans to acquire Pep Boys in an $835 million deal that will combine two large U.S. chains of automotive after-market ser ...

Kuwait Petroleum International and Gunvor Group reached the final stage of negotiations on the sale of the KP Europoort refinery in Rotterdam, Netherl ...

Kraton Performance Polymers Inc. plans to acquire tall oil products maker Arizona Chemical Holdings Corp. for $1.4 billion. The markets and customers ...

Mumbai-based Standard Greases & Specialities last week announced a takeover bid for Tide Water Oil Co. (India) Ltd., but Tide Waters promoter said it ...

Ashland to Spin Off Valvoline

September 23, 2015

Ashland announced yesterday that it will spin off Valvoline, saying the lubricants business is positioned for growth in quick lube and international m ...

Hainan Handi Sunshine Petrochemical Ltd., one of Chinas leading independent base oils suppliers, announced Sept. 14 that it has entered the finished l ...