Mergers/Deals/Acquisitions

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Brenntag Acquires Thai Distributor

Lube Report Asia - July 8, 2020

Chemicals company Brenntag acquired Thailand-based lubricants distributor Oils ‘R Us Co. Ltd. as part of its expansion ...

Couche-Tard Halts Caltex Aussie Bid

Couche-Tard Halts Caltex Aussie Bid

Lube Report Asia - April 24, 2020

Alimentation Couche-Tard Inc. has put on hold plans for a revised proposal to acquire Caltex Australia, citing economic ...

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Idemitsu Kosan to Shed Shell Lubes

Lube Report Asia - March 20, 2020

Japan Idemitsu Kosan Co. plans to sell wholly owned subsidiary Shell Lubricants Japan back to Shell as it looks for more ...

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SK Acquires Stake in Vietnamese Blender

Lube Report Asia - February 14, 2020

SK Lubricants acquired a 49 percent stake in Mekong Petrochemical JSC, Vietnams largest private lubricant company, as pa ...

Viva Buys Out Liberty Wholesale Business

Viva Buys Out Liberty Wholesale Business

Lube Report Asia - December 13, 2019

Viva Energy, Shells exclusive lubricants distributor in Australia, has completed its purchase of the remaining 50 percen ...

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Caltex Australia Rejects Takeover Bid

Lube Report Asia - December 6, 2019

Caltex Australia, one of Australias biggest lubricants and grease suppliers, rejected an unsolicited A$8.6 billion (U.S. ...

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Canadian Company Swoops in for Caltex Australia

Lube Report Asia - November 29, 2019

Canadian convenience store operator Alimentation Couche-Tard has made a takeover offer for Caltex Australia, one of Aust ...

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Repsol, United Global Form JV

Lube Report Asia - October 4, 2019

Spains Repsol will begin blending lubricants in Southeast Asia through a joint venture with United Global Ltd., after ac ...

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Petronas Chemicals Buys BRB

Lube Report Asia - May 24, 2019

Petronas Chemicals Group Bhd of Malaysia agreed to acquire Netherlands-based lube oil additive manufacturer BRB Internat ...

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IPO Would Boost Bangladeshi Blender

Lube Report Asia - April 26, 2019

Lub-rref (Bangladesh) Ltd., the largest lubricating oil blending plant in Bangladesh, is poised for expansion and growth ...

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Idemitsu, Showa Shell Complete Merger

Lube Report Asia - April 5, 2019

Japans Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. merged on Monday, becoming the second-largest lubricant supplier i ...

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Three Firms Fined Over Tianhe IPO

Lube Report Asia - March 29, 2019

Hong Kongs Securities and Futures Commission fined UBS, Morgan Stanley and Merrill Lynch this month for inadequate due d ...

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Fuchs Acquires Australian Lube Blender

Lube Report Asia - March 15, 2019

Fuchs Petrolub signed an agreement to acquire independent lubricant blender Nulon Products Australia, an expansion into ...

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Cosmo, Cepsa Consider Cooperating

Lube Report Asia - February 8, 2019

Cosmo Oil and Spanish refiner Cepsa are discussing ways of aligning lubricant businesses and may use each other's blendi ...

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Earnings Up for Castrol, Apar, Savita; Down for GP

Lube Report Asia - February 1, 2019

Castrol India Ltd. reported a strong increase in profit, GP Petroleums Ltd. posted a significant decrease in net profit, ...

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Repsol Explores Acquiring Stake in Blender

Lube Report Asia - October 26, 2018

Spains Repsol signed an agreement to explore acquiring a stake in Singaporean lubricant blender United Oil Co.

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Idemitsu, Showa Shell Merger Finishing Up

Lube Report Asia - October 19, 2018

Japans Idemitsu Kosan sealed an agreement Tuesday to acquire Showa Shell Sekiyu K.K. setting April 1, 2019, as the effec ...