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Pertamina to Build LOBP, Grease Plant in North Jakarta

Pertamina Lubricants, a subsidiary of Indonesian energy company Pertamina, is planning to invest Rp 1.3 trillion ($113.5 million) to build a 8,000 metric tons per year grease plant, worth Rp 500 billion, and a 350,000 tons per year lube-oil blending plant, worth Rp 800 billion. The grease plant and LOBP are expected to be finished in June 2015 and December 2014, respectively.

[FULL STORY]

VeroLube Acquires Thermo Fluids for $175 Million

VeroLube announced last week that it has entered into a definitive agreement to acquire Thermo Fluids, Inc. through its wholly owned subsidiary VeroLube USA, Inc. Thermo Fluids, a standalone subsidiary of Nuverra Environmental Solutions, Inc., based in Scottsdale, Arizona, is the largest western used oil collector and the third-largest collector of used motor oil in the U.S.

[FULL STORY]

Calumet to License VOLTESSO™ Oil Brand From Imperial Oil

Calumet last Monday announced a licensing agreement with Canada's Imperial Oil Limited through which Calumet will produce, market and sell bulk transformer insulating oil into the Canadian market under the VOLTESSO™ brand of products.

[FULL STORY]

Lubrizol Launches GF-6.com

Lubrizol has announced the creation of GF-6.com, a new dedicated website for OEMs, lubricant manufacturers and other automotive industry professionals who want insight into the proposed GF-6 passenger car engine oil specification.

[FULL STORY]

TOTAL Signs Three Strategic Agreements with AW Rostamani Trading for Elf Lubricants

Total Marketing Middle East last week signed three strategic agreements with Dubai-based AW Rostamani Trading to promote its Elf brand in the emirate of Dubai and the Northern Emirates to cover both commercial and retail segment.

[FULL STORY]





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