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Uniqema Buys Business

GOUDA, Netherlands - Uniqema acquired the Icematicâ„¢ series of Castrol refrigeration lubricants from BP. The terms of the sale include a transfer of the Icematic brand to Uniqema as well as product formulations and related intellectual property. Following all regulatory approvals, Castrol has now transferred its range of polyol esters, alkyl benzene products, and blends used in refrigeration and air conditioning systems to Uniqema.

"The innovative range of Icematic products perfectly compliment our Emkarateâ„¢ RL brand of refrigeration lubricants, providing us a unique opportunity to support the marketplace with a larger set of lubricant solutions," said Paul Tayler, sales and technical service director for Uniqema.

According to the company, the acquisition of Castrol's Icematic refrigeration lubricant range demonstrates Uniqema's long-term commitment to supplying the market with the most innovative lubricant technologies.

Publication date: 07/24/2006

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