IHS Chemical Week

Archives :: Markets :: Specialty Chemicals :: Lubricants

Displaying 1 - 12 of 153 stories.
November 15, 2016
Valvoline’s board of directors today authorized a dividend of 4.9 cts/share on Valvoline common stock. This represents the company’s first dividend since being spun off...
October 31, 2016
ExxonMobil says its Port Allen aviation lubricants plant at its Baton Rouge, Louisiana complex has achieved full production. The 90,000 square foot facility is part of a $200-million...
September 28, 2016
Ashland and Valvoline today announced the closing of Valvoline’s initial public offering (IPO) of common stock, under which 34.5 million shares in the company were sold at...
September 25, 2016
Lanxess announced on Sunday that it has reached an agreement to acquire Chemtura Corporation, for an enterprise value of €2.40 billion ($2.70 billion)...
September 22, 2016
Ashland’s Valvoline IPO, under which 30 million shares in the new firm will be sold in a public offering, has been priced at $22/share. Ashland will retain an 85% stake in...
September 14, 2016
SI Group (Schenectady, New York) has agreed to buy TPC Group’s (Houston) Baytown, Texas, manufacturing facility, including an on-site terminal and manufacturing assets for nonene, tetramer, and other propylene derivatives. Financial terms were not disclosed....
September 13, 2016
Ineos Oligomers has announced updated plans to build a polyalphaolefins (PAO) plant with an annual capacity of 120,000 tons. The plant, which is expected to be operational in the first...
September 13, 2016
Ineos Oligomers has hired Jacobs Engineering Group to design and build a 420,000 metric ton/year linear alpha olefin (LAO) unit in Chocolate Bayou, Texas. Jacobs says it will be providing engineering, procurement and construction services for the new unit, which is slated to begin operations in November 2018....
September 9, 2016
Brenntag has boosted its growing lubricants distribution business in the United States by agreeing to acquire Mayes County Petroleum Products (MCP; Pryor, Oklahoma). MCP sells...
August 25, 2016
Berry Plastics Group Inc. (Evansville, Indiana) has agreed to acquire AEP Industries Inc. (Montvale, New Jersey) in a deal worth about $765 million including debt. Under the merger...
July 26, 2016
Ashland today reported net income down 34% year-on-year (YOY), to $71 million, on sales down 6%, to $1.29 billion. Income from continuing operations declined 16% YOY, to $97 million...
June 15, 2016
NewMarket subsidiary Afton Chemical today announced it will build a new petroleum additives facility in Rio de Janeiro state, Brazil, at Bayer Industrial Park. The new plant is...
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