Indian Oil Corporation Ltd. (IOCL), India’s largest refiner and marketer of petroleum products, and Total, a broad energy company with headquarters in Paris, France, are forming a 50-50 joint venture (JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India. Total is the leading bitumen…
Chemicals, through the different steps from their production to their handling, transport and use, are a real danger for human health and the environment. People of any ages, from children to elderly, using many different languages and alphabets, belonging to various social conditions, including illiterates, are daily confronted to dangerous products (chemicals, pesticides, etc.). To…
The FUCHS Group, which operates globally in the lubricants sector, is acquiring the business of ZIMMARK INC. The Burlington, Ontario, Canada based company is a service company offering value added services in the lubricants and Chemicals Process Management (CPM) space. With this acquisition the FUCHS Group expands its service portfolio in the industrial lubricant market…
When you seize on the potentials, you can’t lose! The world is now focusing greater attention on China as its successful efforts to effectively deal with the epidemic become clearer. Following the “Two Sessions” national conference, China’s socioeconomic development has continued to improve, with the resumption of industry and revival of the economy. It is…
Photo courtesy of Brenntag Brenntag (ISIN DE000A1DAHH0), the global market leader in chemical and ingredients distribution, has signed an agreement to acquire Oils ‘R Us Co., Ltd. headquartered in Thailand. Oils ‘R Us was established in 2006 as a trade marketing and distribution services for ExxonMobil lubricants. The company has a diversified customer base as it distributes…
Photo courtesy of Euglena Chevron Lummus Global (CLG) and Applied Research Associates, Inc. (ARA) announced the successful startup of Euglena Co., Ltd.’s integrated Biofuels Isoconversion unit in Yokohama, Japan. CLG is a joint venture between Chevron and Lummus Technology. The 5 barrel per day (BPD), first-of-its-kind demonstration unit, employs the Biofuels Isoconversion technology, jointly developed by CLG…
Castrol India Limited, India’s leading automotive lubricants company, announced that Castrol lubricants will now be available at Jio-BP retail outlets across India. This new channel offers Castrol enhanced visibility and reach for its products and solutions. Castrol lubricants will be supplied to the joint venture’s fuel retailing network of 1,400 sites, which is expected to…
Driven by support from various governments, wind energy has grown rapidly since 2000. As a result, global lubricant demand in the wind energy industry has increased in line with the growth in total installed wind energy capacity. From 2008 to 2019, the global wind energy installed capacity grew at a CAGR of 16.6%, and lubricant…
ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, has launched a new range of lubricants that offer greater fuel efficiency for hybrid vehicles. The new range of ADNOC VOYAGER vehicle engine oils is the UAE’s first to meet the needs of the latest engine technologies. VOYAGER Star Plus HB, is designed specifically for…
BP and Reliance Industries Limited (RIL) announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, BP and RIL teams have worked closely over the past few months in a challenging environment to complete the transaction as planned. BP has paid RIL USD1 billion for…