Volume 2 Issue 52
GF-6, 303 Fluids Headlined 2019
December 25, 2019From 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 Acquires Industrial Fluids Manufacturer
December 25, 2019Shell 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.
U.S. Auto Sales Expected to Slide in 2020
December 25, 2019The 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.
From Other Editions of Lube Report
December 25, 2019Briefly Noted
December 25, 2019Canada-based distributor Parkland Fuel Corp. closed Dec. 17 on its previously announced acquisition of the assets of Montana-based lubricants and fuels distributor Mort Distributing Inc. and its affiliates.