Volume 3 Issue 9
API Group II exports from the United States will shift from Europe to South America and Africa over the next five years as the market adjusts to new production capacity within Europe, according to an industry consultant.
HollyFrontier Corp.'s lubricants and specialty products segment posted weaker income from operations for the fourth quarter and year but had stronger revenues from external customers.
Ingevity Corp. announced Feb. 20 that its board of directors and D. Michael Wilson agreed he would resign as president, CEO and a director, effective immediately, as a result of matters relating to his personal conduct. The company named Ingevity chairman Richard Kelson as interim president and CEO and established a CEO search committee.