Arcelor Mittal has announced that it has finalized on April 20 the acquisition of Sicartsa, a Mexican integrated steel producer, from Grupo Villacero, for an enterprise value of $1,439 million, following all required approvals of the transaction, including by US and Mexican competition authorities.

Essar Global Limited, through its wholly owned subsidiary, Essar Steel Holdings Limited, has announced that an agreement has been executed to acquire Minnesota Steel LLC, a US based steel company which controls iron ore resources of over 1.4 Billion tonnes.

Essar Global Limited, through its wholly owned subsidiary Essar Steel Holdings Limited, has announced that it has signed a definitive arrangement agreement providing for the acquisition by Essar of all of the common shares of Algoma for an aggregate equity value of Canadian $1.8 billion, payable in cash.

CHS Inc. has signed a purchase agreement to acquire the liquid lubricants business of Nor-Lakes Services Midwest, Inc., of Hugo, Minn., and The Farm- Oyl Company of St. Paul, Minn. The closing on the purchase is expected to occur April 30, 2007.

ConocoPhillips and Tyson Foods, Inc. have announced a strategic alliance to produce and market the next generation of renewable diesel fuel, which will help supplement the traditional petroleum-based diesel fuel supply. The alliance plans to use beef, pork and poultry by-product fat to create a transportation fuel.

Penske Truck Leasing has overhauled its commercial vehicle resale website, now featuring online assistance, expedited vehicle maintenance and safety information, more information on pre-2007 engines, and step-by-step purchasing instructions.

The Synthetic EP Industrial Gear Lubricants Chart is the twelfth of an eighteen chart set of the Second Edition of our Synthetic Lubricant Cross Reference Chart Series. The complete series consists of over 6,500 (fully) synthetic lubricants marketed by over 425 worldwide lube manufacturing & marketing companies and OEMs.