FUCHS PETROLUB announced last Tuesday that it is acquiring the worldwide white oils and food machinery specialty lubricants business of Chevron. The business will be integrated into FUCHS LUBRICANTS CO. (USA). The Chevron business had sales of EUR 11 (US$12.6) million in 2015, approximately 85% of which are in North America.

Lubrizol presented its view on "Unlocking Industry Innovation: Time to Change the Model?" at the recent Biannual Detroit Advisory Panel. Dan Sheets, senior vice president and president of Lubrizol Additives, spoke about the obstacles around the processes for setting and managing lubricant specifications in North America.

Royal Dutch Shell reported last Wednesday first-quarter net income fell 89 percent from $4,430 million in the first quarter of 2015 to $484 million. Profit adjusted for changes in the value of inventories and excluding one-time items fell 58 percent to $1.55 billion from $3.74 billion in the same period of 2015.

PetroChoice announced last Monday that it has acquired Universal Lubricants' new (as opposed to re-refined) oil business from an entity controlled by Pegasus Capital Advisors. Universal Lubricants' environmental services companies will operate as RS Used Oil Services, Inc. and Midstate Environmental Services, LP.

Q8 Oils, affiliate of Kuwait Petroleum International, officially opened its US$100 million state of the art blending plant in the port city of Antwerp in Belgium last Monday. The plant has a current capacity of 125 million litres of lubricants, fully scalable up to 250 million litres per year.

Lubrizol last Friday announced Lubrizol® PV1205 has been approved for use in GM dexos1(TM): 2015 lubricant formulations. Initial approvals have been granted for two formulations utilizing the advanced new Lubrizol PV1205 technology. Lubrizol PV1205 meets both GM dexos1: 2015 requirements and ILSAC GF-5.

Calumet Specialty Products Partners reported a quarterly net loss of $67.7 million last Thursday as first-quarter revenue dropped 29 percent, from $1.02 billion a year ago to $713 million this year. Calumet's quarterly net loss of $67.7 million compared with a net profit of $23.8 million in the same period of 2015.

• Calumet to Increase All Its Group I and Group II Calpar Base Oils, Effective May 12,  All Grades 60-325 by 20 CPG and 600-2500 (BS) by 10 CPG
• ExxonMobil Increases Prices of Its (Group I) CORE 100 and 300 by 20 CPG, CORE 600 and BS by 10 CPG, and Increases Its (Group II) EHC 65 and (Group II+) EHC 45 by 20 CPG
• HollyFrontier Reports 1Q Net Income of $21.3 Million Compared to $226.9 Million for 1Q 2015
• FUCHS' 1Q 2016 Sales Revenues and Earnings Increase
• BASF Inaugurates New Specialty Amines Plant in Nanjing, China
• Quaker Chemical Reports 8% Increase in 1Q 2016 Operating Income to $19.2 Million Compared to $17.9 Million in 1Q 2015
• Muscat-headquartered NIMR International LLC Appointed as Authorized Distributor for Valvoline Automotive and Industrial Products in Sultanate of Oman