F+L Executive Brief October 2023 issue

Newsletter Archive
executive_brief_logo

OCTOBER 2023

Chevron_Oronite_Track_Record_600x75
1-Global-and-local-firms-eye-acquisition-of-Songwon-Industrial

Global and local firms eye acquisition of Songwon Industrial

Global private equity funds and South Korean conglomerates are in the race to acquire Songwon Industrial Co., a leading...

2_-BP-CEO-Bernard-Looney-resigns-amidst-allegations

BP CEO Bernard Looney resigns amidst allegations

BP plc announced on September 12 that its Chief Executive Officer (CEO), Bernard Looney, has resigned effective immediately. Murray Auchincloss, currently serving as...

3_-_Revolutionary-Trade-Finance-Multi-Bank-Portal-for-the-Energy-and-Chemical-Additive-Industry-copy

Revolutionary Trade Finance: Multi-Bank Portal for the Energy and Chemical Additive Industry

RYTE TFAP is Singapore’s first multi-bank portal in partnership with the Monetary...

4_-_BMW-CEO-questions-Europes-electric-vehicle-strategy

BMW CEO questions Europe’s electric vehicle strategy

BMW’s CEO, Oliver Zipse, has expressed concerns over Europe’s rapid transition away from combustion engines. Zipse’s primary concern revolves around the lack...

5_-_Valvoline-invests-in-German-heat-transfer-fluid-company-HAERTOL

Valvoline invests in German heat transfer fluid company HAERTOL

Valvoline Global Operations, based in Lexington, Kentucky, U.S.A., announced an equity investment in HAERTOL Chemie GmbH, a leading European manufacturer...

6_-_FUCHS-expands-footprint-in-South-America-with-Chile-acquisition2

FUCHS expands footprint in South America with Chile acquisition

The FUCHS Group, a global leader in the lubricants industry, has announced its full acquisition of FUCHS LUBRICANTS SpA...

7_-_PETRONAS-and-PT-KPI-explore-new-lube-base-oil-plant-in-Indonesia

PETRONAS and PT KPI explore new lube base oil plant in Indonesia

PETRONAS Lubricants International (PLI) and PT Kilang Pertamina Internasional (PT KPI) have entered into a joint study...

8_-_Kixx-uses-20-recycled-plastic-in-lubricant-containers

Kixx uses 20% recycled plastic in lubricant containers

In a move towards sustainability, Kixx, a leading lubricant brand in South Korea, has announced its initiative to integrate recycled plastic into its product containers.

9_-_TotalEnergies-expands-recycling-efforts-with-new-unit-in-Paris

TotalEnergies expands recycling efforts with new unit in Paris

TotalEnergies is set to expand its commitment to the circular economy with the construction of a new mechanical recycling unit for plastic waste at its...

10_-_Trafigura-announces-key-changes-in-executive-leadership

Trafigura announces key changes in executive leadership

Trafigura Group Pte Ltd., based in Singapore, has unveiled significant changes to its executive team, aiming to bolster leadership across its global operations...

environmental-additives
11-_Soltex-acquires-DSI-Ventures-A-strategic-move-in-the-chemical-sector

Soltex acquires DSI Ventures: A strategic move in the chemical sector

Soltex, Inc., a chemical manufacturer and distributor based in The Woodlands, Texas, U.S.A., announced its acquisition of DSI...

12_-_EU-Council-adopts-Euro-7-standards-for-vehicle-emissions

EU Council adopts Euro 7 standards for vehicle emissions

In a significant move, the EU Council has established its stance on the proposed Euro 7 regulation, which focuses on the type-approval of motor vehicles and engines...

13_-_Evonik-announces-strategic-reorganisation-for-greater-efficiency

Evonik announces strategic reorganisation for greater efficiency

Evonik, based in Essen, Germany, is embarking on a strategic overhaul of its Technology & Infrastructure (TI) division...

14_-_API-adds-2-new-low-viscosity-grades-in-API-SP-service-category

API adds 2 new low-viscosity grades in API SP service category

The American Petroleum Institute (API) has integrated the SAE 0W-8 and SAE 0W-12 viscosity grades into its latest gasoline...

15_-_Luberef-announces-Samer-Al-Hokail-as-new-president-and-CEO

Luberef announces Samer Al-Hokail as new president and CEO

Saudi Aramco Base Oil Company, also known as Luberef, recently announced a change in its leadership. Eng. Samer...

16_-_Volvo-Cars-announces-diesel-phase-out-by-early-2024

Volvo Cars announces diesel phase-out by early 2024

Volvo Cars has unveiled its commitment to a greener future by announcing the cessation of diesel-powered car production by early 2024.

17_-_ACEA-introduces-new-engine-oil-sequences-to-enhance-fuel-efficiency

ACEA introduces new engine oil sequences to enhance fuel efficiency

ACEA unveils its 2023 Oil Sequences, introducing a 0W-16 viscosity grade engine oil to optimise fuel efficiency in light-duty...

FLW_Vietnam
18_-_FUCHS-launches-advanced-facility-in-Ba-Ria-Vung-Tau-Vietnam

FUCHS launches advanced facility in Ba Ria-Vung Tau, Vietnam

FUCHS Group, a global player in the lubricants sector, has inaugurated a new lubricant blending facility in Ba Ria-Vung...

19_-_Esso-Thailand-announces-new-leadership-after-Bangchak-purchase-2

Esso (Thailand) announces new leadership after Bangchak purchase

Esso (Thailand) Public Company Limited has unveiled a series of leadership changes, signaling a new era for the...

20_-_Kixx-introduces-eco-friendly-chainsaw-oil-with-high-performance-standards

Kixx introduces eco-friendly chainsaw oil with high-performance standards

Kixx, a lubricant brand owned by South Korea’s GS Caltex, has launched an innovative product, Kixx Chain BIO.

To unsubscribe from future emails, simply click the "unsubscribe" link F&L Asia Limited. Unsubscribe

© Copyright, 2024, F&L Asia Limited • 22/F., 3 Lockhart Road, Wan Chai, Hong Kong

Sent via

SendPulse