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 23, 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 19, 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 ...

IPO Would Boost Bangladeshi Blender

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 ...

Idemitsu, Showa Shell Complete Merger

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.

Idemitsu, Showa Shell Merger Finishing Up

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 ...