IHS Chemical Week

Archives :: Markets :: Specialty Chemicals :: Lubricants

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October 2, 2015
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Escudero Chemicals (Midland), a supplier of production chemicals and services to oilfields in the Permian and Illinois Basins. WadeCo, which is owned by Hastings Equity Partners, did not release the terms of the deal....
September 22, 2015
Emery Oleochemicals (Shah Alam, Malaysia) says it has opened a $50-million polyols plant at Cincinnati that is designed to use renewable raw materials and recycled content as...
September 22, 2015
Ashland on Tuesday announced plans to spin off its Valvoline motor oil and automotive maintenance segment as a separate, publicly traded company. After the spin-off, the “new...
July 30, 2015
Quaker Chemical today announced second-quarter net income down 2.6% year-on-year (YOY), to $15.0 million, or $1.13/share, on sales down 4.0%, to $183.7 million. Volumes were up by 4%...
June 8, 2015
Koda Distribution today announced it has acquired Colonial Specialty Chemicals (CSC; Conshohocken, PA), a metalworking and industrial lubricants distributor, for an undisclosed sum...
June 4, 2015
Omnova Solutions (Beachwood, OH) has acquired New Fluid Solutions (Houston), a producer of oil and gas drilling fluid additives and other products for $5 million, plus up to $2 million more over the next two years depending on performance. The transaction includes New Fluid Solutions' full line of drilling fluid additives and a blending facility, warehouse and quality assurance/control laboratory in Stafford, TX....
May 1, 2015
KMG Chemicals said today it has completed the acquisition of Valves Incorporate of Texas (Val-Tex; Houston), which was announced in early April, for $23.7 million in cash plus 606,875...
April 29, 2015
Ashland today reported fiscal second-quarter earnings from continuing operations of $95 million, or $1.39/share, compared with a loss of $61 million in the year-ago quarter. Sales...
April 29, 2015
Chemtura today reported first-quarter earnings of $21 million, more than double the year-ago quarter, on sales down 21% year-on-year (YOY), to $438 million. On a managed basis...
March 5, 2015
Perstorp (Perstorp, Sweden) has announced the successful start-up of its oxo plant at Stenugsund, Sweden. The new plant is Perstorp’s largest ever plant investment, boosting its...
February 18, 2015
Innospec has reported net income down 3.0% year-on-year (YOY), to $27.9 million, or $1.11/share, on sales up 20%, to $290.7 million. Ebitda rose 28% YOY, to $49.5 million, while...
February 12, 2015
TPC Group (Houston) says its board has approved funds for front end engineering and design (FEED) work to finalize the design and estimated cost of a third polyisobutylene (PIB) production unit...
December 3, 2014
Lubrizol is increasing capacity, and investing in infrastructure and efficiency improvements, at its Deer Park, TX additives blending plant to meet specification upgrades for the...
December 2, 2014
Capital Southwest (Dallas), an investment holding company, today announced plans to split into two publicly-traded entities – one in specialty chemicals and industrial products, and one in finance....
December 2, 2014
BioAmber (Minneapolis) announced today the signing of an exclusive supply agreement to supply Oleon (Ertvelde, Belgium) with biobased succinic acid. Under the terms of the five-year...
November 5, 2014
Ashland today reported fiscal fourth-quarter net loss of $26 million, compared with a profit of $336 million in the year-ago quarter, on sales up 5% year-on-year, to $1.5 billion...
November 5, 2014
Algae-based oils firm Solazyme (South San Francisco) and Versalis, the chemical subsidiary of Eni S.p.A., today announced a partnership to expand the commercial use of Encapso, ...
October 28, 2014
Chemtura today reported that it swung to a third-quarter net profit of $15 million, compared with a net loss of $44 million in the year-ago quarter, on sales down 2% year-on-year...
July 31, 2014
Ashland today reported fiscal third-quarter earnings from continuing operations down 20% year-on-year (YOY), to $71 million, or 90 cts/share, on sales down 1%, to $1.6 billion...
July 29, 2014
Chemtura today reported second-quarter earnings up 59% year-on-year (YOY), to $43 million, on sales up 3%, to $609 million. Earnings from continuing operations totaled $30 million, or...
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