Industry News

Valvoline Global Operations has announced an expanded strategic partnership with Horse Powertrain and a separate long-term aftersales agreement with Geely Auto Group, accelerating its business expansion in Asia Pacific. Horse Powertrain, a global manufacturer of powertrain solutions and a joint

Covestro and BYD have signed a memorandum of understanding (MoU) establishing a long-term strategic partnership on advanced material innovation and application development, spanning new energy vehicles, power batteries, energy storage and advanced technology frontiers. The

SI Group has promoted Robert Kaiser to senior vice president, strategic marketing, a role in which he will also join the company’s executive leadership team. SI Group, a global developer and manufacturer of performance additives,

bp has agreed to sell the majority of its bp Ventures portfolio to Verdane, a European specialist growth buyout investment firm, divesting minority interests in more than 10 companies as the energy major continues to simplify its portfolio. The transaction,

Indonesia will begin implementing a 1% sustainable aviation fuel (SAF) blend on international flights from 2027, with the initial rollout limited to two airports, the Ministry of Transportation said. Sokhib Al Rokhman, the ministry’s

Motul has developed a bespoke lubricant for the gearbox and differential of McLaren’s MCL40 Formula 1 car, as part of an expanded multiyear partnership that also covers McLaren’s entry into endurance racing. The French

PT Pertamina (Persero) and Boeing have signed a memorandum of understanding (MoU) to explore the development of Indonesia’s sustainable aviation fuel (SAF) ecosystem, a move the companies said would support the decarbonisation of aviation and the

Vietnam Lubricants and Chemicals Joint Stock Company (Vilube), the Motul group’s manufacturing arm in Vietnam, has broken ground on its Vilube 2 factory project at Hiep Phuoc Industrial Park in Ho Chi Minh City,

HF Sinclair Corporation has appointed Steven Ledbetter as president and chief operating officer, and Valerie Pompa as president, growth, technology and transformation. Ledbetter was previously executive vice president, commercial, while Pompa served as executive vice

Chevron Oronite, a global leader in lubricant additives, has unveiled its PC-12 additive technology solutions, designed to help lubricant marketers meet the next generation of heavy-duty engine oil specifications. With first licensing targeted for 1 January 2027, PC-12