CAM2 International has acquired a previously owned Shell lubricant blending and packaging facility located in Vicksburg, MS. The 93,000 SF, over 100 million gallons annual single shift capacity facility, which is strategically located on the Mississippi River, will become CAM2's new corporate headquarters and serve as CAM2's Southern US blending and packaging operation.

Shell announced it is closing a lube oil plant at its Pernis complex near Rotterdam. The Pernis lube oil plant has the capacity to produce 7,100 barrels per day API Group I lube base oil. Shell also announced it is taking an impairment charge of USD2.58 billion on its downstream earnings, including impairments of USD2.284 billion related to refineries in Asia and Europe.

Nynas announced last Tuesday that Ana Cura has been appointed as Regional Director Nynas Americas. Cura joined Nynas AB in 2001, and is most recently coming from a position as General Manager and Regional Sales Manager for Latin America.

Rolls-Royce announced last Tuesday that it has signed an agreement to sell its Energy business to Siemens for a £785 million (US$1.33 billion) cash consideration. The business being sold supplies aero-derivative gas turbines, compressor systems and related services to customers in the Oil and Gas and Power Generation sectors.

Calumet reported a net loss for the first quarter ended March 31, 2014 of $49.8 million compared to net income of $46.0 million in the first quarter 2013. Separately, Mannheim, Germany-based Fuchs Petrolub AG said first-quarter profit after tax rose 2.3 percent to 52.8 million euros from 51.6 million euros.

Germany-based Addinol Lube Oil GmbH last week launched their India operation, Addinol Lube Oil India Pvt Ltd. As part of its expansion in India, it plans to set up six to eight zonal offices to support its channel partners. The company expects to exceed 1,000 tons of lubricant sales in India.

• Repsol to Sell Its Remaining Stake in Argentine Oil Company YPF, Completing Its Exit From YPF
• Repsol Posts Net Income of 807 Million euros
• U.K.-based Lubricants Data Provider Oats Ltd. Appoints Richard Carney as COO
• Gulf Oil Corp Ltd Fiscal 4Q Net Up 6%