Adrian Brown is away.

Global marine lubricant consumption will stay flat, with 1 percent compound annual growth per year from 2013, reaching about 2.3 million tons by 2023, consultancy Kline & Co. projected. The 2.1 million tons of demand in 2013 was down 0.7 percent from 2010. The marine lubricant demand has been declining over the last few years, primarily because of the weak global economy, Kunal Mahajan, project manager, energy, for Kline & Co., said during a webinar Sept. 10. Regions The Asia-Pacific reg...

Eastman Chemical plans to acquire alkylamines and alkylamine derivatives producer Taminco for $2.8 billion cash, under an agreement that includes a 30-day period for Taminco to solicit and consider alternative proposals. The transaction, amounting to $26 per Taminco share, was approved by each companys board of directors. Apollo Global Management LLC, which owns a majority of Tamincos common stock, also approved Eastmans offer. The deal is expected to close in the fourth quarter of 2014, subject...

The sports arena in downtown Tampa Bay, Fla., was renamed Amalie Arena under a long-term partnership between lubricants blender and packager Amalie Oil and Tampa Bay Sports and Entertainment LLC. The 19,204 seat arena is home for the National Hockey Leagues Tampa Bay Lightning and the Arena Football Leagues Tampa Bay Storm, and hosts more than 100 events per year. Amalie Oil has held naming rights to the arena when used as the Storms football field since 2011. This will be the first time the fac...

RSC Bio Solutions opened a warehouse in Rotterdam, Netherlands, to distribute its biobased lubricants to European customers, particularly in the marine sector. The facility will support distribution of RSCs EnviroLogic brand of lubricants, hydraulic fluids and gear oils. The company attributes its need for expansion in Europe to its burgeoning relationships with original equipment manufacturers such as Netherlands-based AEGIR-Marine, Finnish company Wrtsil and the United Kingdoms Rolls Royce. Ro...

Russias Gazprom Neft Lubricants and Rosmorport, a major icebreaker fleet operator, signed a marine oils supply deal as part of a long-term strategy to increase the lube manufacturers share in the Russian lubricant market. Under the two-year agreement, Gazprom Neft Lubricants will supply marine lubes and greases to the operators subsidiaries located on the Russian coastlines of the Baltic and Black Seas, the Barents Sea north of Russia, the Sea of Okhotsk in the Far East and the Sea of Japan. The...