Volume 2 Issue 29
U.S. markets look fairly robust for the rest of July. Europe also seems as though it will get through the next couple of weeks without too much difficulty. Asia is not exactly busy, but owners are finding cargoes and there are clearly fewer prompt positions than before.-by Adrian Brown
Companies have submitted non-binding proposals to manage and operate the sparsely run Isla Refinery in Curacao beginning next year, the owner of the facility announced. A formal timeline for choosing a preferred operator is also set.
Hillenbrand Inc. will acquire Milacron Holdings Corp. in a cash and stock transaction valued at $2 billion and expected to close in 2020s first quarter, the companies announced last Friday. Milacrons Fluid Technologies segment supplies metalworking and industrial fluids.
A court battle is being waged in Oklahoma over Axel Christiernsson's acquisition last year of grease producer Royal Manufacturing.