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 purchase includes ACT’s intellectual property, customer contracts and technology and product pipeline, along with its two manufacturing facilities in Fowlerville, Michigan – where the company is based – and Bowling Green, Kentucky.
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According to ACT’s website, its specialized lubricant products include fire retardant hydraulic fluids for use in high temperature environments, environmentally acceptable lubricants for sensitive marine applications, non-varnishing turbine fluids for large gas turbines used in power generation, synthetic gear compounds, synthetic compressor fluids and specialty greases.