CPP Investments to acquire indirect minority stake in Castrol
Canada Pension Plan Investment Board (CPP Investments) has agreed to acquire an indirect, non-controlling interest in Castrol as part of a transaction valued at approximately USD
bp announces sale of 65% stake in Castrol to Stonepeak
After months of speculation, bp announced on December 24 that it has agreed to sell a 65% shareholding in Castrol to infrastructure investment firm Stonepeak at an enterprise value of USD 10 billion. The transaction will generate net proceeds of
Bangchak launches used cooking oil collection pilot for SAF
Thailand’s Bangchak Corporation Public Company Limited has launched a pilot programme to collect used cooking oil for sustainable aviation fuel (SAF) production, following a partnership
Mitsui Chemicals, Idemitsu and Sumitomo agree polyolefins integration
Mitsui Chemicals, Idemitsu Kosan and Sumitomo Chemical have concluded a definitive agreement to integrate Sumitomo Chemical’s polypropylene (PP) and linear low-density
EticaAG and Shell partner on battery immersion cooling technology
EticaAG and Shell U.K. Limited have formed a strategic collaboration to advance battery immersion technology for next-generation energy storage systems, aiming to address safety and thermal management challenges facing grid and industrial
Idemitsu, Mitsui agree to consolidate Chiba ethylene production
Idemitsu Kosan and Mitsui Chemicals have reached a final agreement to consolidate their ethylene production facilities in Japan’s Chiba region, as the companies seek to improve operational efficiency and
Castrol India adds new car and bike care products
Castrol India Limited has introduced a set of aesthetic care products for passenger cars and two-wheelers under its Auto Care range. The new products are Castrol
HIF Global e-fuels project in Uruguay moves ahead with new MoU
HIF Global has signed a memorandum of understanding (MoU) with the Government of Uruguay to accelerate development of its planned e-fuels project in Paysandú, marking a key step toward a final
TotalEnergies lubricants enter Sri Lanka via Energy Core Lanka
TotalEnergies Marketing India Private Limited (TEMIPL) has entered into a partnership with Energy Core Lanka (Pvt) Ltd. to introduce its range of automotive and
Pakelo acquires Uveol to strengthen industrial lubricants position
Italian lubricant producer Pakelo Motor Oil S.p.A. has acquired Uveol Srl, a specialist in metalworking and industrial lubricants, to strengthen its position in higher-value segments of the Italian lubricants market. The transaction, completed on December 17, involves the full acquisition