Volume 9 Issue 27

Chemtool Settles Plant Fire Suit

People living within a three-mile radius of the Chemtool plant in Rockton, Illinois, may be eligible for a U.S. $94.5 million settlement if they were impacted by a fire at the plant three years ago.

Amsoil Snatches Up Aerospace Lubricants

Amsoil Inc. said this week that it acquired Aerospace Lubricants, a Columbus, Ohio, producer and marketer of specialized lubricating greases.

Clean Harbors Stock Continues Climb

Clean Harbors Inc.'s stock price edged past U.S.$220 per share this week, up by more than 140% since July 2022. The company is benefitting from increased awareness of corporate sustainability, population growth and government crackdowns on illegal waste dumping, says a US market analysis firm.

From Other Editions of Lube Report

Lithium Thickeners Dip in Europe

VLS Brings Changes for Cutting Fluid

India Market Still Growing

Briefly Noted

HD Hyundai Oilbank launched a new electric vehicle lubricant brand called Hyundai XTeer EVF. Earlier this year, the South Korean company launched XTeer for industrial vehicles. Saudi Aramco bought a $798 million stake in the Geely Renault internal combustion engine joint venture. The Saudi oil giant purchased U.S.-based automotive lubricant company Valvoline last March for $2.65 billion.