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October 17, 2012
Ecolab has agreed to sell its vehicle care division to Zep (Atlanta), a maker of cleaning and sanitizing products, for $120 million. The business, which makes cleaning and maintenance...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Ecolab-selling-vehicle-care-business-for-$120-million_47030.html
September 27, 2012
ExxonMobil Chemical says it will invest $215 million to increase capacity for synthetic lubricant base stocks and lubricants blending and packaging operations at its Baton Rogue...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/ExxonMobil-Chemical-Plans-to-Expand-Lubricants-Production-in-Louisiana_46569.html
July 13, 2012
Elevance Renewable Sciences (Woodbridge, IL) and hte AG (Heidelberg, Germany) say they will collaborate to develop biobased lubricant base oils and polymers using hte's high-throughput...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Elevance-and-hte-Sign-Research-Collaboration_44877.html
June 7, 2012
Calumet Specialty Products (Indianapolis) has acquired lubricants maker Royal Purple (Porter, TX) for $335 million, the company says. Royal Purple makes lubricants aimed at the...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Calumet-Specialty-Products-Acquires-Lubricants-Firm-For-$335-Million_44031.html
May 15, 2012
Rockwood Lithium, a division of Rockwood Holdings (Princeton, NJ), is increasing prices of its lithium salts to $1,000/m.t., effective July 1. The increase will help fund investment...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Rockwood-Increases-Lithium-Salt-Prices_43438.html
February 15, 2012
Infineum (Abingdon, U.K.) says it will build a new salicylate manufacturing facility at its site in Jurong Island, Singapore. The investment amount was not disclosed, but it is the...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Infineum-Builds-Salicylate-Facility-in-Singapore_41366.html
December 23, 2011
The light vehicle industry is a customer of growing importance for the chemical industry in North America, according to ACC's latest Chemistry and Light Vehicles report, released this...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Relationship-Between-Light-Vehicles-and-the-Chemical-Industry-Grows-Stronger_39967.html
December 19, 2011
Afton Chemical (Richmond, VA), part of NewMarket Corp. (Richmond), says it has opened a new research and development (R&D) laboratory at Suzhou, China. The new fuel and lubricant...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Afton-Opens-Research-Laboratory-in-China_39894.html
December 1, 2011
Chevron Phillips Chemical (CPChem) says it has completed the acquisition of a polyalphaolefin (PAO) plant at Beringen, Belgium from Neste Oil. “The addition of this plant to our...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/CPChem-Completes-Acquisition-of-Belgian-PAO-Plant_39438.html
November 15, 2011
Other than a handful of earnings reports and the usual small- to medium-sized acquisitions, specialty chemical firms have had a quiet two weeks. Late-reporting specialty firms, for the...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Specialties-Snapshot-Nov-3-15_39055.html
October 7, 2011
ExxonMobil Chemical says demand for high-viscosity polyalphaolefins (PAO) is expected to grow at about 6%-8%/year for the foreseeable future, driving the company to invest in new...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Energy-Efficiency-Driving-PAO-Demand_38093.html
October 3, 2011
Quaker Chemical says it has acquired G.W. Smith & Sons (Dayton, OH), a die casting lubricant provider with annual sales of approximately $14 million. Financial terms were not...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Quaker-Acquires-Metalworking-Lubricants-Firm_38016.html
September 1, 2011
Croda says it has started up production of a lubricant esters plant at New Castle, DE, boosting the sites total esters capacity by 15%. The site will now be able to manufacture...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Croda-Starts-Up-Lubricant-Esters-Plant-in-Delaware_37314.html
August 23, 2011
Albemarle says it agreed to supply base oils  made from renewable-based farnesene to Novvi (São Paulo, Brazil), a joint venture between Cosan S.A. Industria e Comercio and...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Albemarle-Signs-Renewable-Oils-Supply-Deal_37082.html
August 18, 2011
Lubrizol says it will upgrade its existing additives testing capabilities at Mumbai, India. Renovations will include the consolidation of several existing labs into a modern lab...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Lubrizol-Expands-Lab-in-India_36952.html
August 8, 2011
Algae oils firm Solazyme (San Francisco) says it has signed a framework agreement with Bunge to form a triglycerides production joint venture in Brazil. The agreement, subject to a...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Solazyme-Bunge-Sign-Preliminary-Agreements-for-JV_36790.html
August 5, 2011
ExxonMobil Research and Engineering Company (EMRE) and Honeywell’s UOP subsidiary have formed a marketing and licensing alliance for their lube and advanced hydroprocessing and...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/ExxonMobil-UOP-Form-Lube-and-Fuel-Production-Alliance_36758.html
July 21, 2011
Lubrizol says it is constructing a new technical services laboratory in the campus of Jilin University at Zhuhai, China. The lab is expected to be functional in the third quarter of...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Lubrizol-Builds-Technical-Services-Laboratory-in-China_36283.html
April 27, 2011
Lubrizol’s first-quarter earnings rose 4% from the same period last year, to $169.5 million, including charges of $9.1 million related primarily to Berkshire Hathaway’s proposed acquisition of Lubrizol. Sales rose 15%, to $1.52 billion, on higher volumes and selling prices, and improved product mix. Adjusted earnings, excluding merger-related and restructuring costs of 14 cts/share, were $2.71/share, well above analysts’ consensus of $2.53/share as reported by Reuters Thomson (New York)....
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Lubrizols-Earnings-Beat-Analyst-Estimates_34423.html
March 14, 2011
Warren Buffett's Berkshire Hathaway has agreed to acquire Lubrizol for $135/share in an all-cash transaction that values Lubrizol at about $9.7 billion, including about $700 million in debt...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Berkshire-Hathaway-to-Acquire-Lubrizol-for-$9-7-Billion_33431.html
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