Valvoline last Wednesday announced plans to build its first plant in China. With expected investment of approximately $70 million (RMB 443 million) and with an annual production capacity in excess of 30 million gallons, it will also represent Valvoline’s single largest blending plant investment worldwide.

Cummins has introduced a new natural gas engine oil performance specification for its Westport stoichiometric combustion mid-range and heavy-duty engines. This new specification, referred to as Cummins Engineering Standard (CES) 20092, will provide significantly improved oxidation and thermal stability compared to previous natural gas engine oils.

ExxonMobil said it agreed to purchase PT Federal Karyatama, one of Indonesia’s largest manufacturers and marketers of motorcycle lubricants. The acquisition includes the Federal Oil brand and a 700,000 barrel per year blending plant in Cilegon, Indonesia. ExxonMobil will acquire 100 percent interest in the company from PT Mitra Pinasthika Mustika Tbk. and its affiliate.

Marathon Petroleum, the second-largest U.S. oil refiner, and Andeavor (previously Tesoro), the fifth largest, last Wednesday announced they have entered into a $23.3 billion merger agreement under which MPC will acquire Andeavor, to create the largest U.S. oil refiner with a combined oil refining capacity of 2.9 million bpcd, overtaking Valero Energy Corp.

• RelaDyne Acquires Three Florida Lubricant Distributors
• Uta Holzenkamp Appointed Head of BASF’s Global Business Unit Fuel and Lubricant Solutions Effective April 1, 2018
• PETRONAS Dagangan Appoints Dato’ Sri Syed Zainal Abidin Bin Syed Mohamed Tahir as CEO and MD Effective June 1, 2018
• Quaker Chemical 1Q 2018 Sales, Net Income Up
• Novvi Receives Denison HF-0, HF-1, and HF-2 Approvals on Hydraulic Oil Using Novvi’s NovaSpec EL34 Renewable Base Oil
• Shell's Pennzoil and Quaker State Products Meet Requirements of New API SN PLUS Specification