Transformer oil rerefiner Hydrodec acquired the business and assets of Eco-Oil International and its subsidiaries, along with the Eco-Oil trade name, for 2.4 million (U.S. $3.5 million). Evonik announced plans to invest over 4 billion (U.S. $4.3 billion) in R&D over the next decade, including for its Darmstadt, Germany-based oil additives business. The Lubricant Co. will distribute ExxonMobils marine lubricants in the United Kingdom.