Volume 2 Issue 52
From the long-awaited adoption of ILSAC GF-6 to a crackdown on 303 hydraulic fluids to mergers and acquisitions, 2019 was a busy year in the Americas for events affecting the framework of the lubes industry.
Shell Lubricants acquired the assets of American Chemical Technologies Inc., which manufactures and distributes industrial fluids that are based on polyalkylene glycol chemistries, the company announced last week. Terms were not disclosed.
The National Automobile Dealers Association forecasted sales of 16.8 million new cars and light trucks in the United States for 2020, down slightly from 2019 sales volume.