General Motors announced it will rename GM Powertrain to GM Global Propulsion Systems, which designs, develops and engineers all propulsion related products and controls for GM worldwide. DEXRON® and dexos® oils fall under the auspices of GM Powertrain/GM Global Propulsion Systems.

Shell Chemical had a groundbreaking ceremony last Tuesday to start construction on a previously announced $717 million alpha olefins expansion at its plant in Geismar, Louisiana. This will be the fourth AO unit at this site, bringing the total production capacity of AO to 425,000 tons a year and makeing this complex the world's largest AO producer in the world.

TOTAL and Mazda have renewed an exclusive lubricant supply partnership in which Total will continue to supply 2,300 of Mazda’s garages, repair shops and authorized dealers until 2020, supplying Mazda Original Oils range to dealership networks spanning over 45 countries, mainly in Europe.

Calumet last Wednesday reported a net loss of $116.8 million for the fourth quarter 2015, compared with a loss of $63.5 million in the 2014 fourth quarter. For the full-year 2015, Calumet reported a net loss of $139.4 million compared with a net loss of $112.2 million in 2014.

The Manitowoc Company announced on Thursday, Feb. 11 that its board of directors has approved the plan to split its Foodservice and Crane segments into separate companies. The Foodservice segment, which will become Manitowoc Foodservice, will operate as an independent company. The Crane segment will operate as the Manitowoc Company.

FUCHS PETROLUB reported record sales revenues and earnings in the financial year 2015. Group sales revenues increased to EUR 2,079 (USD 2,315) million, up EUR 213 million or 11% above the previous year. Pentosin and Statoil Fuel & Retail Lubricants, the two major acquisitions in 2015, contributed EUR 94 million to the growth.

• Calumet to Decrease Prices of Its (Group II) Calpar 80, 100 and 150 by 15 CPG and Its (Group II) Calpar 325 and (Group I) Calpar 600 and Calpar 2500 (BS) by 20 CPG, Effective February 24
• HollyFrontier Decreases Prices of Its (Group I) SN70 Through SN150 by 15 CPG, and SN250 Through BS by 20 CPG, Effective Today February 22
• Phillips 66 Decreases Prices of Its (Group II) Pure Performance 70N, 80N and 110N by 15 CPG, 225N by 20 CPG and 600N by 25 CPG, Effective February 18
• ExxonMobil Decreases Prices of Its (Group I) Light Neutral CORE Base Oil by 15 CPG, Its Heavy Neutrals and BS by 20 CPG
• Motiva Reduces Prices of Its (Group II) Star 4 (100 SUS) by 15 CPG, Star 6 (220 SUS) by 20 CPG and STAR 12 (600 SUS) by 25 CPG, Effective February 16
• Flint Hills Resources Reduces Prices of Its (Group II) 70/75-HC and 100-HC by 15 CPG, 230-HC by 20 CPG, and 600-HC by 22 CPG, Effective February 17
• Flyers Energy Acquires Goodspeed Oil
• Indian Oil Corp Launches Its SERVO Brand of Lubricants in Saudi Arabia Through Partnership with Mohammed Yousef Naghi & Brothers Group
• Gulf Oil Lubricants India Ltd. Quarterly Net Profit Increases 43.5% to Rs 26.1 crores (U.S. $3.8 Million) Versus Rs 18.2 crore in Same Quarter of 2014-2015