Lanxess acquired Itibanyl Produtos Especiais Ltda., a leading Brazilian manufacturer of biocides, including some used in metalworking fluids and lubricants. The purchase price was not disclosed for the deal, which was announced Dec. 2.
The United States Federal Trade Commission announced Tuesday that it will require Quaker Chemical and Houghton International to divest operations related to aluminum and steel rolling oils as a condition of their delayed merger.
The Environmental Protection Agency issued significant new use rules on Sept. 18 under the Toxic Substances Control Act that approve pre-manufacture notices for 10 chlorinated paraffin substances that are used in metalworking fluids.
Environmental regulations, restrictions on chemical use and new lubricant options and machining methods have upped the ante for metalworking fluid formulators and managers to adapt to a rapidly evolving and complex market using long-term solutions instead of short-term goals, an industry insider said at a conference last week in Minneapolis.
Japan-based Yushiro Chemical Industry Co. and American metalworking fluid supplier QualiChem Inc. announced an agreement yesterday for Yushiro to acquire a stake in QualiChem and for the companies to help each other enter new markets.
The laboratory that provided testing and certification for P hydraulic fluid and gear oil specifications has ceased operations, signaling the possible start of a phase-out period for some of the industrys oldest active industrial lube standards.
BASF increased lubricant antioxidant capacity at its Puebla, Mexico, site to keep up with growing demand for additives that lengthen the life of lubricants, the company announced last week. The new capacity of the facility was not disclosed, but the company did say production began last quarter.
The types of metals used in wide ranges of products have evolved in recent years, trending toward greater use of alloys and new kinds of alloys, and this creates challenges in the formulation of metalworking fluids.
Italmatch Chemicals Group is set to acquire Afton Chemicals metalworking fluid business, strengthening the Italian companys position in the industrial lubricants market, the companies announced Friday. The deal is expected to close by May 30.
Heritage-Crystal Cleans oil business segment and Milacrons Fluid Technologies segment each reported increases in revenue, and Quaker Chemical posted increases in net sales and net income.