Mergers & Acquisitions

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Gazprom Neft Lubricants, Mercedes Partner

Lube Report - December 15, 2004

Gazprom Neft Lubricants launched an automated factory fill facility at a Mercedes-Benz heavy duty vehicle assembling pla ...

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Vertex Completes Heartland Acquisition

Lube Report - December 1, 2004

Vertex Energy Inc. closed on its acquisition of Heartland Group Holdings - a used oil collection network and rerefinery ...

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Investment Firm Spins Off Whitmore, Jet-Lube

Lube Report - November 24, 2004

Investment firm Capital Southwest Corp. will spin off specialty lubricant marketer Whitmore Manufacturing and two other ...

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PetroChoice Grows with PetroLiance Acquisition

Lube Report - November 10, 2004

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

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Alkylamines Maker Taminco Fetches $2.8B

Lube Report - September 29, 2004

Eastman Chemical plans to acquire alkylamines and alkylamine derivatives producer Taminco for $2.8 billion cash, under a ...

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Welcome to Amalie Arena

Lube Report - September 29, 2004

The sports arena in downtown Tampa Bay, Fla., was renamed Amalie Arena under a long-term partnership between lubricants ...

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Rosneft Partners With Avtovaz

Lube Report - September 22, 2004

Russian state-owned oil giant Rosneft signed a partnership with the countrys largest auto maker, Avtovaz, which includes ...

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Calumet Invests in La. GTL Plant

Lube Report - July 28, 2004

Calumet Specialty Products Partners invested as a joint venture partner in construction of a Lake Charles, La., commerci ...

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Takreers Group II/III Plant Delayed Again

Lube Report - April 7, 2004

ABU DHABI, United Arab Emirates - Takreers flagship 600,000 tons per year API Group II/III base oils plant at Ruwais, U. ...

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Fuchs Buys Lubritene, Lubrasa

Lube Report - April 7, 2004

Fuchs Petrolub SE said last week that it has agreed to buy Lubritene and Lubrasa, sister specialty lubricant companies b ...

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Industrial Innovations Buys Advance Automation

Lube Report - September 10, 2003

Wyoming, Mich.-based Industrial Innovations has acquired Advance Products Corp.s die casting Automation division. Terms ...

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Gulf Lubes
Spin-off OKd

Lube Report - August 6, 2003

Gulf Oil Corp. shareholders on Thursday gave a ringing endorsement to managements proposal to carve out the companys lub ...

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Eastman Lands BP Jet Oil Biz

Lube Report - July 30, 2003

BP agreed to sell its aviation turbine oil business assets to Eastman Chemical Co. for an undisclosed amount, both compa ...

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Lukoil Cuts More Lube Deals

Lube Report - July 30, 2003

Russian oil major Lukoil recently signed lubricants supply contracts with a number of business and government customers ...

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New Lubes JV in Singapore

Lube Report - May 22, 2002

Hup Soon and AP Oil yesterday announced a 50-50 joint venture in Singapore to develop and produce lubricants under a new ...

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Brenntag Picks Petrolube

Lube Report - May 8, 2002

Brenntag signed an agreement to acquire Milan, Italy-based Petrolube, which distributes Infineums specialty lubricant an ...

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Pertamina Expands into U.A.E.

Lube Report - March 20, 2002

PT Pertamina is collaborating with Sharjah National Lube Oil Co. (Sharlu) to manufacture and market Meditran Series mari ...

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Milacron Gets Mold-Masters

Lube Report - March 20, 2002

Milacron will acquire 100 percent of hot-runner manufacturer Mold-Masters's shares for $975 million. Milacrons Cimcool i ...