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Monday, June 15, 2015   VOLUME 11 ISSUE 24  
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Calumet Opens Operations In Mexico

Calumet announced the opening of Calumet Specialty Oils de Mexico, S. DE R.L. de C.V., based out of Huixquilucan, Estado de Mexico. Calumet's global customers will have access to bulk products in Jalisco, Nuevo Leon and Distrito Federal (Mexico City), as well as packaged products from Tlalnepantla (Mexico City).

[FULL STORY]

SK Group Bidding to Acquire Beijing Tongyi

According to news and oil refining industry sources, Korea's SK Lubricants has officially participated in a bidding to acquire Beijing Tongyi. Tongyi is China's number 1 lubricant maker and a business unit of Royal Dutch Shell. The deal is expected to bring about US$620 million.

[FULL STORY]

ExxonMobil Announces Singapore Group II Base Stock Capacity Expansion

ExxonMobil last Wednesday announced additional capacity following the completion of its Singapore lubricant base stock refinery expansion earlier this year to produce additional EHC™ Group II base stock. The Singapore Refinery manufactures EHC 50 and EHC 110 and also Core™ Group I HN and Brightstock.

[FULL STORY]

BP Releases Its 2015 Statistical Review of World Energy

BP's 2015 edition of its Statistical Review of World Energy, released last Wednesday, June 10, 2015, shows 2014 was a "Year of ‘Tectonic’ Shifts in Global Energy Production and Consumption". The 2015 edition highlights how significant changes in global energy production and consumption have had profound implications.

[FULL STORY]

Monson Acquires Colonial Specialty Chemicals

Stamford, CT-based KODA Distribution Group has acquired the assets of Conshohocken, PA-based Colonial Specialty Chemicals and plans to merge it with Monson Companies, based in Leominster, MA. This combination on the metalworking side is expected to create a market leader in the space for Monson Companies.

[FULL STORY]





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