Industry News

 Shell has agreed to sell Jiffy Lube International (JLI) and its subsidiary Premium Velocity Auto (PVA) to an affiliate of Monomoy Capital Partners for USD 1.3 billion, marking the exit of the world’s largest lubricants company by volume from the

Hitachi Energy has completed what is believed to be the first retro fill of a fully circular, re-refined transformer oil in a critical power transformer at its power transformers factory in Córdoba, Spain, using Nynas’ NYTRO® RR 900X — a

Evonik Industries has confirmed it met its profit guidance for 2025 and reaffirmed its earnings outlook for 2026, despite a decline in full-year sales driven by lower selling prices and adverse currency effects. Evonik Industries is a global specialty chemicals

Europe’s major car and van manufacturers are pushing for changes to the EU’s December 2025 automotive package that would, in practice, keep the internal combustion engine (ICE) viable in the European market well beyond 2035 — through a combination of

King Industries, Inc., a Norwalk, Connecticut, U.S.-based specialty chemicals company with manufacturing operations, has announced that its new production facility in Waterbury, Connecticut, is fully operational, representing a major capacity expansion for the company’s NA-LUBE® KR alkylated naphthalene

Advent HoldCo will not acquire LANXESS’ stake in the Envalior engineering materials joint venture, citing a contractually agreed financing condition that has not been met. Advent HoldCo is the special purpose vehicle (SPV) — a dedicated holding company — created

Neste has reorganised its Renewable Products business and appointed three new members to its leadership team, effective 1 April 2026, as the Finnish company moves to give its renewables operations greater representation at the top of the

Kodiak Chemical, a U.S.-based specialty chemical manufacturer, has entered the Australian market through a joint venture with Blackrock Mining Solutions, a Brisbane-based technical services firm, to supply the local energy, mining, and primary metals sectors with high-performance

Specialty chemicals distributor IMCD N.V. has nominated Andreas Igerl to join its management board as chief commercial officer (CCO), subject to shareholder approval at its

Repsol Lubricants has launched Extreme, a new range of motorcycle lubricants using the same polyalphaolefin-based formulation supplied to Moto2 and Moto3 teams in the MotoGP World