Business

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DuBois Gains Galaxy Associates

Lube Report - April 11, 2012

Private equity firm The Riverside Co. acquired Galaxy Associates as an add-on to DuBois Chemicals. Both companies make s ...

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WD-40 Earnings, Sales Grow

Lube Report - April 11, 2012

WD-40 posted $10.6 million in operating income for the quarter ending Feb. 29, up 16.5 percent from the year-ago period, ...

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Sonneborn Changes Hands

Lube Report - April 4, 2012

One Equity Partners on Friday acquired white oils producer Sonneborn from Sun Capital Partners for an undisclosed amount ...

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Brighter Future for Russian Greases

Lube Report - April 4, 2012

MOSCOW – Russias grease production is expected to grow at an annual rate of 5 to 7 percent after 2014, when new pl ...

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Kimes, Peterson Merge

Lube Report - March 28, 2012

Sulfonates marketers Kimes Technologies International and Peterson Industries have merged under the Kimes name to promot ...

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Lubrizol-Chemtool Deal Still Pending

Lube Report - March 28, 2012

Lubrizols acquisition of grease manufacturer Chemtool remains under Federal Trade Commission review, and Lubrizol expect ...

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New Lubes JV in Singapore

Lube Report - March 21, 2012

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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U.S. Synlubes on the Upswing

Lube Report - March 21, 2012

U.S. demand for synthetic lubricants and functional fluids will grow more than 8 percent annually to $7.4 billion in 201 ...

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Lube Demand Soars for Wind Power

Lube Report - March 14, 2012

Kline & Co. projects 16 percent annual growth in lubricant consumption in the global wind turbine industry over the ...

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Heckmann Gets Thermo Fluids

Lube Report - March 14, 2012

Heckmann Corp. will acquire used motor oil collector Thermo Fluids Inc. from private equity firm CIVC Partners for $245 ...

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Quaker Sales, Income Up

Lube Report - March 14, 2012

Lubricant supplier Quaker Chemical posted substantial increases in net income for 2011s fourth quarter and the full year ...

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Cosan Acquisition Targets Europe

Lube Report - March 7, 2012

Brazils Cosan announced last week it is acquiring U.K.-based Comma Oil and Chemicals Ltd., staking a foothold in the Eur ...

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Calumet Posts Strong 4Q

Lube Report - February 22, 2012

Calumet Specialty Products Partners fourth quarter 2011 net income was up compared to the year earlier quarter, and its ...

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2011 Healthy Year for Fuchs

Lube Report - February 22, 2012

Fuchs Petrolub AG posted 2011 earnings of 183 million (U.S. $240.7 million) on full-year sales revenue of 1.7 billion, u ...

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Oronite Picks Parfitt

Lube Report - February 22, 2012

Chevron Oronite named Colin Parfitt vice president of sales and marketing effective April 1, succeeding Andy Tugendhat, ...

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Craft Oil Nabs Neslo

Lube Report - February 15, 2012

Craft Oil Co. announced Feb. 10 it acquired Neslo Petroleum Products Inc. in Ford, New Jersey. The lubricant distributor ...

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Afton Posts Mixed Results

Lube Report - February 8, 2012

Afton Chemical reported an increase in revenue and a decline in operating profit for the quarter ending Dec. 31, 2011, c ...

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Profits Up for SK, S-Oil

Lube Report - February 8, 2012

South Korean base oil refiners SK Lubricants and S-Oil reported strong increases in operating income and revenues for th ...