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Monday, June 12, 2017VOLUME 13 ISSUE 24
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Gardner Denver to Acquire LeROI Compressors

Compressor OEM Gardner Denver announced last Wednesday that it has acquired LeROI Compressors for a purchase price of approximately $20 million funded by cash on hand. Based in Sidney, Ohio, LeROI will be part of Gardner Denver’s Industrials Segment.


ExxonMobil Completes New Grease and Synthetic Lubricants Facilities in Singapore

ExxonMobil announced last Tuesday that it has completed its expansion project in Jurong to increase production of grease and synthetic lubricants, including Mobil 1TM, the company’s flagship synthetic engine oil. The grease plant started production in January 2017, and the synthetics plant started production in April.


CP Chem Completes Expansion of PAO Capacity at its Cedar Bayou Plant

Chevron Phillips Chemical Company announced last Monday it has successfully completed a low viscosity polyalphaolefins capacity expansion at its Cedar Bayou plant in Baytown, Texas.


Infineum First Additive Company to Develop Portfolio Meeting ACEA C5-16 Requirements

Infineum announced last Monday that it is the first additive company to develop a diverse portfolio that meets the requirements of the new ACEA C5-16 category.


General Motors Now Being Sued for Excess Diesel Emissions

Just days after the U.S. Dept. of Justice filed a civil suit accusing Fiat Chrysler with using “cheat software” to bypass emissions regulations, General Motors is being hit with a class action lawsuit alleging that it also rigged thousands of diesel vehicles to pass emissions tests.


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