Volume 4 Issue 29
Axel Christiernsson Group announced on July 15 that it is proceeding with an additional expansion and improvement plan across its three grease plants in the United States. The newly announced investments build on a multi-million-dollar expansion and improvement plan announced in October 2019 for the same facilities.
Aerosol manufacturer PLZ Aeroscience has agreed to purchase Champion Brands LLC, an independent producer of automotive and industrial lubricants and related products. PLZ did not disclose terms of the deal but said it will round out its product offering.
Chemicals producer Verdant Specialty Solutions acquired surfactants manufacturer DeForest Enterprises last week, the company announced. The acquisition is part of Verdant’s plan to grow its surfactants production, and the company intends to expand further in the lubricants industry.