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Monday, January 11, 2016   VOLUME 12 ISSUE 2  
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ArcLight Capital Acquires Gulf Oil LP (USA)

Private equity firm ArcLight Capital Partners announced December 29, 2015 that Chelsea Petroleum Products Holdings, an affiliate of ArcLight, completed the purchase of Gulf Oil LP from Cumberland Farms, Inc. The purchase includes the Gulf Oil LP lubricants business.

[FULL STORY]

Tata Motors, PETRONAS Lubricants Launch Co-Branded Automobile Oils in India

Tata Motors and PETRONAS Lubricants International have launched a range of oils for the Indian automobile manufacturer's passenger vehicles in the Indian market. The co-branded range of lubricants, comprised of Tata Motors Genuine Oil CH-4 15W-40 and Tata Motors Genuine Gear Oil 80EP, makes part of a bigger range of nine co-branded oils.

[FULL STORY]

Nynas Takes Over Harburg Refinery

Swedish oil company Nynas has now completed the takeover of the former Shell refinery in Hamburg, Germany. The refinery will have a production capacity of specialty oils up to 330,000 tons annually. On December 13, 2011, Nynas AB agreed to buy Royal Dutch Shell's Harburg base-oil plant and associated refining facilities in Hamburg. No price was disclosed.

[FULL STORY]

World Lubricant Demand to Increase by 2.0% Annually to 45.4 Million MT in 2019

Cleveland, Ohio-based research firm The Freedonia Group Inc. is projecting world lubricant demand to increase by 2.0% annually to 45.4 million metric tons in 2019. The fastest gains are expected in the Asia-Pacific region. Developing regions such as Central and South America and Africa/Middle East region are also expected to post healthy gains.
[FULL STORY]

Reladyne Acquires Parker Oil

RelaDyne, one of the nation's leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, begins its sixth year as an integrated business by acquiring Parker Oil Co., Inc., a family-owned lubricant distributor headquartered in Wichita, Kansas.

[FULL STORY]





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