Volume 1 Issue 40
The volume of trade around the globe remains disappointingly slow, with none of the main trading areas in the Americas, Asia or Europe faring particularly well at the moment.-by Adrian Brown
E-commerce giant Amazon quietly entered the lubricants market this summer with its own brand of engine oils. Industry insiders disagree about how much noise the company will make.
Although North Americas flat industrial lubricants market makes organic growth challenging, companies can still find other ways to grow, an industry insider advised at a conference in Chicago last week.
Univar Inc. agreed last week to acquire Nexeo Solutions Inc. in a $2 billion deal uniting giant global chemical distributors that supply wide varieties of ingredients to the lubricants industry. The transaction is expected to close during the first half of 2019.