05/09/2026
Richful's profit rises as it fights in the European Union’s General Cout the sanctions imposed by the EU, IMCD names a U.S. commercial chief, and Sea-Land picks up Polartech for North America. Read the 4 September issue of F+L Daily.
Xinxiang Richful L**e Additive Co., Ltd. lifted first-half net profit 12.1% to CNY414.8 million (USD61.7 million) on revenue of CNY1.94 billion (USD289 million), according to its Shenzhen Stock Exchange filing. It has filed an action for annulment at the EU General Court, challenging its listing under EU sanctions, and says its products are all civilian-grade lubricant additives.
https://www.fuelsandlubes.com/richful-first-half-profit-up-12-as-it-contests-eu-sanctions/
IMCD Group has appointed Walter Ripple as executive vice president, commercial, U.S., a newly created role. He joins from Avient Corporation after more than 27 years in sales and senior leadership. https://www.fuelsandlubes.com/imcd-hires-walter-ripple-for-new-u-s-commercial-role/
And Sea-Land Chemical Company will distribute Italmatch Chemicals' Polartech lubricant additives across North America under an exclusive agreement.
https://www.fuelsandlubes.com/sea-land-named-north-american-distributor-of-italmatch-polartech/
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