Industry News

Shell plc has entered into a definitive agreement to acquire ARC Resources Ltd., listed on the Toronto Stock Exchange (TSX) under the ticker ARX, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. The

Lubricant additives manufacturer Xinxiang Richful Lube Additive Co., Ltd., listed on the Shenzhen Stock Exchange (SZSE) under the ticker 300910 and known by its brand name Richful, reported a 28.22% year-on-year drop in first-quarter 2026 net profit attributable to shareholders,

U.S. Lubricants has acquired Pack Logix, a turnkey packaging firm, in a strategic move announced on 16 April 2026. The transaction positions U.S. Lubricants to deliver toll blending and packaging solutions backed by greater capacity, technical expertise,

Aster Chemicals and Energy and Puraglobe Germany have signed a memorandum of understanding (MoU) on a project that, if it advances, would mark a regional first for Asia’s base oil segment. The two companies are eyeing Singapore as the launchpad

LANXESS, a leading specialty chemicals company, on April 24 inaugurated a new blending plant at its chemical manufacturing site in Jhagadia, Gujarat, India. The facility will manufacture specialty lubricant additives as part of the first phase of development. The new

Petrotek Vietnam Co., Ltd., in collaboration with HD Hyundai Oilbank Group of Korea, organised the Hyundai XTeer 2026 Lubricant Distributor Conference on April 22, with partners from across the nationwide distribution system in attendance. The conference was held against the

PETRONAS Lubricants International (PLI) has launched the PETRONAS Pro Series, a new flagship range of industrial lubricants, during a trade engagement session in Kuala Lumpur,

Aduro Clean Technologies Inc. has extended its Hydrochemolytic Technology (HCT) to highly paraffinic crude oils and has filed a continuation-in-part (CIP) patent application with the United States Patent and Trademark Office (USPTO) to protect the advance, the

PTT Lubricants has launched its new Power to Last Longer product line in Bangkok, Thailand, a repositioning that the

Keppel Ltd.’s Connectivity Division (Keppel) and Shell Singapore Pte. Ltd. (Shell) will test-bed an advanced immersion cooling solution at one of Keppel’s operational data centre facilities to explore the feasibility of deploying such high-efficiency systems in Keppel’s future data centres,