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John W Stone Acquires Marine Lubricant Business by Ship & Bunker News Team Thursday December 31, 2020 Veteran US bunker supplier Martin Midstream Partners (MMP). The sold assets, Mega Lubricants, cover the business of blending, manufacturing and delivering various marine application lubricants, sub-sea specialty fluids, and proprietary developed commercial and industrial products , according to a statement issued by MMP over the deal. John W Stone s general manager, ....
Martin Midstream MMLP Divests Mega Assets to Stone Oil Martin Midstream Partners L.P. MMLP announced the divestment of some of the assets related to its Mega Lubricants (or Mega) onshore terminals business to John W. Stone Oil Distributor, LLC, (“Stone Oil”) in a $22.4-million deal. As an integrated manufacturing and delivery business, Mega Lubricants is actively engaged in blending, producing and offering a variety of marine application lubricants, sub-sea specialty fluids, and privately-developed commercial as well as industrial products. Moreover, it has high flexibility to manage growing customer demand for tank storage and warehouse requirements. Stone Oil has been involved in the marine fuel and the lubricant distribution business for almost 75 years, with trading operations along the lower Mississippi River and the Gulf of Mexico. Importantly, the acquisition of Houston-based Mega is expected to expand Stone Oil’s ongoing distribution and delivery operat ....
5 Stocks To Watch For December 23, 2020 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
A Peek Into The Markets: US Stock Futures Up Ahead Of Economic Reports benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.