Mergers & Acquisitions

Japan’s Idemitsu Kosan Co. will consolidate its lubricant and grease business by buying up stock of Toa Oil Co. to make the small refiner a wholly-o ...

Need to Know

January 1, 2021

Looking Back and Moving Forward, 2021 Edition  Like many years prior, 2020 started off with price increases. Most lubricant blenders announced ...

Martin Midstream Partners LP sold assets used in connection with its Mega Lubricants shore- based terminals and marine lubricants blending business to ...

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean Tankers (Pte), the shipping ar ...

S&P Global, IHS Markit Merge

December 2, 2020

S&P Global and IHS Markit have agreed to merge in a deal that will unite two of the world’s biggest financial data services companies, one of wh ...

Equity Firm Acquires Kano Labs

November 25, 2020

A private equity firm acquired Nashville, Tennessee-based Kano Laboratories, which produces branded penetrating oils and lubricants that professionals ...

Fuchs Group acquired Sanford, North Carolina-based PolySi Technologies, which formulates and manufactures silicone lubricants and greases, as well as ...

Need to Know

November 2, 2020

Crunch Time  Looking at the United States lubricants business today, it’s hard to believe that just two decades ago there were close to 10,0 ...

Hin Leong on Sales Block

October 28, 2020

Troubled oil trader and lubricants producer Hin Leong Trading Pte. has apparently been put up for sale, based on notices placed in local media earlier ...

A year and a half after acquiring it, Idemitsu Kosan Co. is selling Shell Lubricants Japan K.K. back to Royal Dutch Shell – because Idemitsu decided ...

France-based private equity firm Ardian paid $2.3 billion to acquire a 50% ownership stake in Angus Chemical Co. from Golden Gate Capital, which conti ...

Cadence Petroleum Group has obtained a new private equity investor, and the new backer plans to accelerate the expansion of the growing lubricant dist ...

A Chicago private equity firm announced last week that it has agreed to acquire majority stakes in Warren Distribution Inc., one of the largest privat ...

Calumet Specialty Products Partners LP, which has struggled to make profits in recent years, is considering a sale of its finished lubricants business ...

French lubricant company Condat SA last week finalized the acquisition of Kemno, a specialist lubricant and coolant company based in Milan. The takeov ...

Fuchs Petrolub SE announced the purchase of Welponer SpA, an Italian lubricant distributor with annual revenue of €4 million, the company’s fourth ...

Total Acquires Lubrilog

September 29, 2020

French energy major Total announced last week that it had acquired Lubrilog SAS, thereby strengthening Total’s presence across several industrial lu ...

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 ...