PBF Energys $537.5 million acquisition of ExxonMobils Torrance, Calif., refinery and related assets, expected to close in 2016s second quarter, includes a lubricants distribution center in Vernon. U.K.-based specialty chemicals supplier Elementis appointed Paul Waterman – now CEO of BP Lubricants – as CEO-designate to succeed CEO David Dutro when he retires in early 2016. MFA Oil of Columbia, Mo., acquired Garnett, Kan.-based Lybarger Oil, including its bulk and packaged lubricants business. Cleveland-based Applied Industrial Technologies acquired S.G. Morris, which provides lubrication and grease systems.