Source: Fuels + Lubes Online

Chemlube: ALS expands with Chemlube acquisition in Savannah, Georgia

Advanced Lubrication Specialties (ALS), one of the largest independent lubricant manufacturers in the United States, has announced the acquisition of the lubricants division of Chemlube International LLC. Based in Savannah, Georgia, the division produces high-quality lubricants distributed in bulk across the Southeast United States. The private transaction is expected to close by the end of January 2025. Chemlube's Savannah facility, established in 2001, includes 5.8 million gallons of storage, eight railcar spots, tanks ranging from 3,000 to 1.2 million gallons, and access to a deep-water dock for base oil shipments. "Chemlube has been a strategic partner to ALS for close to 20 years. They are a first-class organisation with quality products, customers and a great reputation in the industry. These are the principles which define ALS, so when we had an opportunity to bring their customers and blending capacity into our portfolio, we jumped at the chance," said Greg T. Julian, CEO of ALS. The Chemlube Group, consisting of Chemlube International LLC and its Swiss sister company Chemlube SA, purchases base oil from virtually all the major global base oil refiners and is a leading independent distributor and trader of base oils throughout the world, including acting as exclusive distributor of Abu Dhabi National Oil Company (ADNOC) premium Group III base oils in Europe. "The sale of our Savannah blending operation represents a strategic decision by Chemlube to focus on its larger core base oil distribution and trading business. We are pleased to be able to transfer our Savannah blending [...]The post ALS expands with Chemlube acquisition in Savannah, Georgia appeared first on F&L Asia.

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Est. Annual Revenue
$25-100M
Est. Employees
25-100
Robert Nobel's photo - President of Chemlube

President

Robert Nobel

CEO Approval Rating

89/100

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