Volume 10 Issue 23

BP Begins Formal Sale of Castrol for $10 Billion

BP Plc launched the sale of its Castrol lubricants division, a potential U.S.$10 billion transaction.

Tesla Punished by EU Car Buyers

Europe’s electric vehicle segment is still gaining market share. That is, except for Tesla.

TRA Unable to Verify SCT Accounts

As part of its inquiry into lubricant dumping in the United Kingdom, the U.K.’s Trade Remedies Authority could not reconcile discrepancies in information submitted by SCT Chemicals FZE.

Zeller+Gmelin Opens Lube Plant in China

Zeller+Gmelin, a chemical company based in Germany, has opened a lubricant production facility in Huzhou, China, as part of its expansion in Asia.

Career Moves: Who's now working where?

New appointments and promotions.

Briefly Noted

Perstorp, the Swedish specialty chemicals manufacturer owned by Petronas Chemicals Group Berhad, has launched a new portfolio of saturated synthetic polyol esters targeting the synthetic lubricants market. The three products — Synthetic-EF 5, EF 15 and EF 22 — are designed for use in lubricant formulations requiring thermal stability, biodegradability and performance across a wide temperature range. The packaging for Shell Helix brand has been refreshed and relaunched under the slogan “Un...