HSC Group GmbH announced last Thursday that it has signed a contract with Solventis Ltd. for the sale of its Haltermann Carless (HC) Fluids business. All assets and employees will be transferred to the new company. The transaction was closed on May 31, 2017.

A class action lawsuit has been filed in Pennsylvania against BP Lubricants USA and used car dealer CarSense, alleging that the defendants sell a written warranty that violates the Magnuson-Moss Warranty Act because the warranty contains an illegal tying provision.

Oxea has successfully concluded a significant upgrade of its carboxylic acids production facility in Oberhausen, Germany. As a result, Oxea has enhanced the production output of short-chain fatty acids, such as propionic acid, butyric acid, and isobutyric acid.

RelaDyne last Wednesday officially closed on its acquisition of Western Marketing, Inc., a regional distributor of petroleum products based in Abilene, Texas. Western Marketing services West and North Texas markets reaching into Oklahoma, Kansas, Arkansas, New Mexico, Colorado, and Louisiana.

South Korea’s Hyundai Motor has unveiled its first-ever zero emission electric bus, dubbed Elec City, scheduled for launch next year. Elec City is Hyundai’s first mass-produced commercial electric vehicle.

• Michael Anderson of Falex Corp. Appointed President of STLE
• Sanjiv Singh Appointed Chairman of Indian Oil Corporation (IndianOil) Effective 1 June 2017
• Lukoil Launches Its Flagship GENESIS Synthetic Automotive Lubricants Range in UAE, in Partnership with Al Habtoor Motors