Indias Gulf Oil Corp. entered into a joint venture with Tarapur Grease Industries Pvt. Ltd. and PT Tawang Swasti Rawikara to form PT Gulf Oil Lubricants Indonesia, headquartered in Jakarta, to manufacture and market the entire range of Gulf lubricants and greases in the Indonesian market. Gulf Oil holds 36 percent equity, while Tarapur Grease and PT Tawang hold 32 percent each in the new venture, formed Aug. 22. Already, it has set its sights on an ambitious target of 8 percent market share in t...

Citing increased demand since it became the only U.S. producer of sebacic acid, Genesis Chemicals Inc. announced last month that it has expanded its capacity to produce the material at its factory in Loveland, Ohio. This expansion is our response to growing demand for sebacic acid as a result of the need for a domestically produced product in North America, President C. Winfield Scott said. The company offered no information on the size or cost of the expansion. A derivative of castor oil, sebac...

ConocoPhillips Co. announced Aug. 27 that it has outsourced its automotive chemicals business for the Phillips 66 and 76 Lubricants brands to Technical Chemical Co., a Cleburne, Texas, blender and packager of automotive fluids, aerosol products and refrigerant gases. Under the agreement, TCC will blend and package brake, starting and steering fluids, gasoline treatments, cleaners and transmission sealers that will be sold by ConocoPhillips marketers. ConocoPhillips Programs Director John Brant s...