Don't Miss
an Issue.

Subscribe to Lube Report Americas, a FREE e-newsletter for the lubricants industry in North and South America.

August 14, 2019

Volume 2 Issue 33

Huntsman Sells Surfactants Business

Story Image

Indorama Ventures acquired Huntsman Corp.’s chemical intermediates and surfactants businesses for $2 billion, the companies announced last week. A number of products included in the acquisition can be used to make lubricants and metalworking fluid additives. read more

Deal Reached in Tractor Fluid Suit

A preliminary settlement has been reached in a second class action lawsuit in Missouri accusing a lubricant company and a store chain of fraud for the supply of 303 tractor hydraulic fluid. read more

Lubricant Mixing and Processing Guide

Story Image

Do your vessel designs include the right characteristics for high-demand lubricant mixing? For food-grade, specialty, and high-performance lubricant manufacturers, traditional processing equipment won’t suffice. Download Lee Industries’ Lubricant Mixing & Processing Guide for an in-depth look at the equipment requirements needed for high-demand mixing. read more

Vertex-Tensile JV Boosts Rerefining Plans

Story Image

Tensile Capital Management LLC formed a joint venture with Vertex Energy Inc., agreeing to inject capital that will accelerate development of Vertex’s Columbus, Ohio, rerefinery and help fund a pilot program at an idled site in Belle Chase, Louisiana. read more

Earnings Improve at Cosan, Calumet

Calumet Specialty Products Partners LP reported a smaller net loss and decreased sales for the second quarter, while Cosan’s Moove lubricants segment enjoyed higher revenues and increased sales volume. read more

Briefly Noted

Westlake, Ohio-based Sea-Land Chemical Co., a lubricant additives distributor, named Ryan Keating chief financial officer, effective immediately.  Savant Group, comprised of four individual companies working in the lubricants industry, unveiled plans to construct a new global headquarters in Midland, Michigan.