ChemPoint announced that it has signed a master distribution agreement with Dow Corning for Molykote® specialty products. Under the agreement, ChemPoint will manage order placement, fulfillment, and technical support for Molykote® brand compounds, greases, pastes, anti-friction coatings, dispersions, and oils in the United States and Canada.

Hydrodec Group last Monday announced the disposal of Its UK Operations and agreed to transfer certain other rights and assets relating to its UK Operations for a consideration of £1 (USD1.44) and the assumption of about £1.2 million of debt. The company further announced the appointment of Chris Ellis, previously Acting Chief Executive, as Chief Executive with immediate effect.

Columbus, OH-based Into Great Brands Inc./MotorKote has entered into an exclusive agreement with UK-based Heritage Fuels & Lubricants Ltd., an affiliate of the TSBA group and Official Shell Licensee, to market Shell X-100 Classic Motor Oil in North America. The formulation is tailored as a complete protection system, not just regular or multi grade oil boosted with a zinc additive.

The brightstocks market faces dwindling Group I supplies. Global market research and management consulting firm Kline estimates that, even with limited new capacity additions, the market will experience a potential deficit of at least 6.0 KBD by 2025.

• Calumet to Increase All Its Group I and Group II Calpar Base Oils, Effective March 16,  All Grades by 15 CPG Except BS (Calpar 2500) by 12 CPG
• Phillips 66 Increases Prices of Its API Group II Pure Performance 70N, 80N and 110N by 15 CPG, and 225N and 600N by 20 CPG, Effective March 11
• Chevron Increases Prices of Its USGC 100R (by 15 CPG), 220R (by 20 CPG) and 600R (by 20 CPG) Effective 3/9/16
• Flint Hills Resources Increases All Its (Group II) Posted Base Oil Prices by 15 CPG, Effective March 9
• VP Racing Fuels Appoints Dick Glady New Sales Manager-Lubricants
• Calumet Specialty Products Partners Names Bruce A. Fleming As New Executive Vice President Of Strategy & Growth
• Evonik Oil Additives Names Thilo Krapfl Customer Relations Director - Europe, Middle East and Africa