Connect with us

Global

Total Strengthens Its Presence In The Industrial Lubricants Market

Total Lubrifiants, a leading player in the global lubricants market, has acquired from Houghton International its aluminum hot rolling oil (AHRO), steel cold rolling oil (SCRO) and tinplate rolling oil (TPRO) activities in the North American and European Economic Area markets.

Advertisement

Advertisement
Click Here to Read More
Advertisement

Total Lubrifiants, a leading player in the global lubricants market, has acquired from Houghton International its aluminum hot rolling oil (AHRO), steel cold rolling oil (SCRO) and tinplate rolling oil (TPRO) activities in the North American and European Economic Area markets. The transaction includes the associated technical support services in both regions.

“We believe that this acquisition will create value both for Total and our customers from these industries. It will strengthen our position in the industrial lubricants market, which is an important part of our strategic vision for the future,” said Philippe Charleux, senior vice president, lubricants and specialties at the Marketing & Services Division of Total. “Geographically we are strengthening our strong presence in Europe and expanding our activities and market penetration in North America, especially the U.S.”

With this specially formulated range of hot and cold rolling oils, cleaners and accompanying fluid management services, Total is broadening its product portfolio to offer customers a fully integrated solution.

 

 

Advertisement

Loading Post...

Loading Post...

Loading Post...

Advertisement

POPULAR POSTS

Global

HERE Technologies Gets 2 New Investors

Global

LKQ Agrees to Sell 2 Czech Distributors

Global

Nils Jaeger Appointed President Volvo Autonomous Solutions

Global

O’Reilly To Share Growth Strategy At 2020 AASA Global Summit

Connect