Transformer oil rerefiner Hydrodec Group Plcs CEO Chris Ellis resigned effective April 4 due to an illness in the family. Lord Moynihan, the companys chairman, will act as interim CEO while the board seeks a permanent replacement. Israel Chemicals Ltd. sold its fire safety and oil additives businesses to SK Capital, a New York City-based private investment firm, for U.S. $1 billion late last month. The businesses will be headquartered in St. Louis, Missouri, and be renamed Perimeter Solutions. Dubai-based Al Naboodah Group Enterprises entered into a partnership with Gulf Oil Middle East, allowing it to sell Gulf Oils automotive and industrial lubes in the U.A.E. Monument Chemical, a Heritage Group and Grube family joint venture, is now the exclusive distributor for Calumet Specialty Products Partners Penreco branded product lines of white oils and petrolatums in the European Union.
