Mergers & Acquisitions

Financial analysts are speculating that BP may be ripe for takeover. What could happen if new owners took a wrong turn with its valuable Castrol brand ...

DuBois Gets Heatbath

May 27, 2015

DuBois Chemicals acquired Heatbath Corp., including its Park Metallurgical business, for an undisclosed amount in a deal that will enhance Dubois indu ...

Vertex Energy announced that it began leasing the Bango Oil base oil rerefinery in Fallon, Nev. this month. The Houston-based rerefiner said its origi ...

BASF purchased Lanxess intellectual property for a new manufacturing process for high molecular weight PIB, which is used in lubricants. Financial ter ...

Malaysias Petronas Dagangan Bhd. recently signed an eight-year, 51 million ringgit (U.S. $14 million) lubricants supply contract with Malaysian port o ...

BP, Caltex Undo Aussie JV

April 21, 2015

BP and Caltex last week dissolved Australasian Lubricant Manufacturing Co., a 15-year joint venture that makes about 50 percent of the nations lubrica ...

UK Wax Maker Acquired

April 15, 2015

Hoganas AB, maker of powdered metals for the metallurgical industry, will acquire Wales, U.K.-based lubricants manufacturer Abril Industrial Waxes Ltd ...

Vivo Energy reached an agreement with a local investor, CH Group Ltd., to take an 8-percent equity stake in Vivos Ghanaian holdings in order to meet a ...

KMG Chemicals Inc. announced last week that it will acquire valve lubricant manufacturer Valves Inc. of Texas, known as Val-Tex, for $23.5 million by ...

Japans Kamei Corp. purchased Lee Huat Yap Kee Pte, of Singapore, March 27, an acquisition that gives it entry into the marine lubricant and base oils ...

Axel France SAS last week said its new industrial and food-grade grease plant in Niort, France will have capacity of 8,000 metric tons per year after ...

Chevron on Friday sold its 50-percent stake in Caltex Australia, a leading fuel retailer and one of the largest lubricant suppliers in Australia.

Birch Hill Equity Partners completed its purchase of Newalta Corp.s Industrial Division last week, including its rerefinery in North Vancouver, Canada ...

Thai marine fuels and lubes supplier Sea Oil PCL bought a 50 percent stake last month in the local subsidiary of a Canadian oil exploration business.

Tianhe Opens India R&D Center

February 24, 2015

Tianhe Chemicals will soon open a 20,000 square meter research and development center outside Bengaluru, India - a facility that it claims will be the ...

RelaDyne Continues Growth

February 4, 2015

RelaDyne acquired lubricant distributors in Oklahoma and Indiana and recently secured $75 million in financing to support its continued growth. One of ...

Spectro Scientific announced yesterday that it has acquired fellow industrial fluids analysis and condition monitoring company, On-Site Analysis. Spec ...

Hanjin Sells S-Oil Stake

January 27, 2015

Hanjin Energy last week wrapped up the sale of its 28.4 percent stake in S-Oil Corp. to Saudi Aramco for 1.98 trillion won (U.S. $1.83 billion).

Idemitsu Kosan Co. repudiated a news report suggesting that it has agreed to purchase fellow Japanese major Showa Shell Sekiyu, but it acknowledged th ...

Indonesias state-owned Pertamina Lubricants has acquired 75 percent of Thai blender Amaco Production Co., an Amaco official told Lube Report Asia.