Business

Heckmann Corp. will acquire used motor oil collector Thermo Fluids Inc. from private equity firm CIVC Partners for $245 million in cash and stock shar ...

Quaker Sales, Income Up

March 14, 2012

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

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

Calumet Posts Strong 4Q

February 22, 2012

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

2011 Healthy Year for Fuchs

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, up from 2010 earnings of 172 mi ...

Oronite Picks Parfitt

February 22, 2012

Chevron Oronite named Colin Parfitt vice president of sales and marketing effective April 1, succeeding Andy Tugendhat, who will retire after more tha ...

Craft Oil Nabs Neslo

February 15, 2012

Craft Oil Co. announced Feb. 10 it acquired Neslo Petroleum Products Inc. in Ford, New Jersey. The lubricant distributor did not disclose terms of the ...

Afton Posts Mixed Results

February 8, 2012

Afton Chemical reported an increase in revenue and a decline in operating profit for the quarter ending Dec. 31, 2011, compared to the year-earlier pe ...

Profits Up for SK, S-Oil

February 8, 2012

South Korean base oil refiners SK Lubricants and S-Oil reported strong increases in operating income and revenues for the quarter ending Dec. 31, comp ...

Eastman Selects Solutia

February 1, 2012

Eastman Chemical Company will acquire Solutia Inc., which makes hydraulic fluids, for $4.7 billion, both companies announced Jan. 27. The acquisition ...

OSTFILDERN, Germany – European lubricant blenders have long benefited from the regions surplus of base oils. Not only has the excess supply made ...

Lubricant blender Valvoline posted $47 million operating income for the three months ending Dec. 31, down almost 30 percent from $67 million in the ye ...

Avista Oil AG of Germany acquired a majority stake in Universal Environmental Services, which is building a new rerefinery in Georgia. Terms were not ...

Greenbriar Equity Group acquired lubricants distributor PetroChoice from private equity firm KRG Capital Partners. Terms were not disclosed. Riddlesb ...

Big problems in food production and safety equal big opportunity for the supplier of food-grade lubricants, a Chemtura grease official said during a r ...

Calumet Specialty Products Partners last week completed its acquisitions of blender and distributor TruSouth Oil and Ashland subsidiary Hercules synth ...

WD-40 Posts Mixed Results

January 11, 2012

WD-40 Co.s net income reached $6.8 million for the quarter ending Nov. 30, down 25 percent from the prior year period, while net sales were up 5 perce ...

The Whitmore Manufacturing Co. named Jeff Kilpatrick president and chief executive officer effective Jan. 3, the companys third in three years. Kilpa ...

Advantages and disadvantages abound in Argentina. It is one of the G-20 economies, with an average income classified as “upper-middle.” It ...

Global lubricant blenders today demand base oil flexibility to minimize risk and maximize value, two Valvoline executives said. Ashland Consumer Mark ...