Mergers & Acquisitions

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Shell in Talks to Sell Torzhok Plant

May 10, 2022

Shell is negotiating with an unidentified party to sell its lubricant blending plant in Torzhok, Russia, along with its ...

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Raizen Closes on Shell Brazil Purchase

May 4, 2022

Brazilian energy company Raizen said last week that it completed its acquisition of Shell’s lubricant business in Braz ...

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Oqema Acquires French Distributor

April 26, 2022

German chemicals distributor Oqema acquired the Orosolv Group, a French distributor of lubricants and other products, to ...

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Parties Mum on Ownership of JV Stake

April 12, 2022

Bahrain Lube Base Oil Co. in Sitra, Bahrain, has been churning out API Group III base stocks since 2011. It’s clear wh ...

U.S. Lubricants Buys BP Blending Plant

U.S. Lubricants Buys BP Blending Plant

January 19, 2022

U.S. Lubricants purchased a lube blending facility in Baltimore, Maryland, from BP, the company announced this week. U.S ...

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Equity Firm Buys Lubes Distributor

January 12, 2022

Private equity firm OpenGate Capital has acquired Chemsolv Inc., a Virginia-based regional distributor of commodity and ...

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Castor Oil Distributor Acquired

January 12, 2022

Biosynthetic Technologies, a producer of biobased synthetic compounds used in base oils, lubricants and additives, acqui ...

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SK Capital Buys Control of Seqens

January 4, 2022

Investment firm SK Capital has completed its purchase of a controlling stake in Seqens, a French producer of chemicals f ...

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Swedish Firm Buys Lube Seals Maker

December 29, 2021

Swedish company VBG Group acquired all shares of U.S.-based Carlyle Johnson Machine Co. for $16.5 million. Carlyle Johns ...

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Investment Firms Swap RelaDyne

December 29, 2021

Private equity firm American Industrial Partners announced last week that it has acquired RelaDyne, one of the leaders o ...

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Croda Selling Unit to Cargill

December 28, 2021

Agricultural products company Cargill Inc. has agreed to buy most of Croda International Plc’s Performance Technologie ...

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Stockholders Aim to Privatize United Global

December 17, 2021

An investment firm representing the main stockholders of United Global Ltd. announced on Dec. 10 an unconditional cash o ...

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Canadian Pacific Closes on Merger

December 15, 2021

Canadian Pacific Railway Ltd. announced yesterday the completion of its $31 billion acquisition of Kansas City Southern, ...

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Saint-Gobain Buys Chemicals Firm

December 8, 2021

French building materials company Saint-Gobain announced on Monday the acquisition of construction chemicals company GCP ...

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Kangtai Additive Project Scaled Back

December 3, 2021

A company attempting to acquire most of Kangtai Lubricant Additive Co. has scaled back the size of an additive factory n ...

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Vitol Announces Buyout of Vivo

November 30, 2021

Africa fuels and lubricants supplier Vivo Energy agreed last week to a $2.3 billion buyout by Netherlands-based energy t ...

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Korla Nears Purchase of Tongyi

November 26, 2021

Xinjiang Korla Fragrant Pear Co.’s board of supervisors voted unanimously Nov. 24 to approve the company’s acquisiti ...

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Slicker Buys Hydrodec Rerefinery

November 24, 2021

Transformer oil recycler Hydrodec and its Ohio rerefinery were acquired by United Kingdom-based Slicker Recycling Ltd., ...