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May 21, 2019

Volume 2 Issue 50

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Petronas Buys Lube Additive Maker BRB

Petronas Chemicals Group Bhd of Malaysia agreed to acquire Netherlands-based lube oil additive manufacturer BRB International B.V.s holding company for 163 million (U.S. $182 million) in cash, according to a May 16 Petronas filing with the stock exchange of Malaysia.