Oronite has signed an investment agreement to build a wholly-owned additive manufacturing plant in Ningbo, northeast of Zhejiang Province, the People's Republic of China. The investment agreement was formalized in a signing ceremony held March 3 in Ningbo. Oronite stated that its current project timeline anticipates that initial capacity would be on stream in 2019.

Newalta announced the completion of the sale of its Industrial Division to Revolution Acquisition LP, for cash proceeds of $300 million. The new stand-alone entity, under the new name Terrapure Environmental, has 900 employees and includes a head office in Burlington, Ontario and a 400 bpd Group II lube base oil re-refinery in North Vancouver, British Columbia.

Calumet reported a fourth quarter net loss, before adjustments, of $63.5 million compared to a net loss of $15.5 million for the same quarter in 2013 and full year 2014 net loss of $112.2 million versus net income of $3.5 million in 2013. Nynas' full year operating income was SEK 1,336 (US$160) million compared to SEK 533 million in the previous year with net income of SEK 279 million compared to a loss of SEK 305 million in 2013.

The Independent Lubricant Manufacturers Association, based in Alexandria, Virginia, U.S.A., has announced the appointment of a new executive director, Holly Alfano. She succeeds Celeste Powers, who was executive director for 12 years ending in September 2014. Alfano’s official appointment will begin on March 23, 2015.

• Ergon Refining Decreases Price of Its Naphthenic Oils by 15 to 25 CPG Effective March 6, 2015
• RAVENOL Extra Fuel Economy EFE SAE 0W-16 - The World's first API SN Licensed 0W-16 Engine Oil
• LUKOIL 2014 Net Income Reached $4,746 Million, While Earnings Reached $15,982 Million in 2014 - Revenues Were $144,167 Million
• Neste Oil Now World's Largest Producer of Renewable Fuels from Waste and Residues