Burmah Castrol

Article Abstract:

Burmah Castrol has strong prospects for revenue growth and has strengths in marketing. The groups's Castrol lubricant activities represent almost 67% of total revenue and three quarters of operating profit. Costs are being reduced and 30 million pounds sterling could be saved in 2000. The group has sold its fuels and timber treatment businesses, and is selling a further three businesses. There will be scope for acquisitions, and seven have been made in 1999. The group may expand into China, South Africa, and Australia.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
Chemical industry, Burmah-Castrol PLC

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Out of favour

Article Abstract:

Brasway's key subsidiary, Europower produces hydraulic hoses and has been affected by a rise in the value of pound sterling, though volume sales are increasing. Brasway has signed an agreement with an Indian company which is to produce hose in India for customers in that region. Brasway has also set up a South African JV. Excelube, which supplies industrial lubricants, improved its profit in 1996. Brasway's profit is forecast to drop to 2.17 million pounds sterling for 1997 due to currency and reorganization costs.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
Rubber & plastics hose & belting, Rubber and Plastics Hoses and Belting Manufacturing, Rubber Hydraulic Hose, Industrial equipment and supplies industry, Industrial equipment industry, Hydraulic hose, Brasway PLC

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Burmah takeover's chemical reaction

Article Abstract:

BP Amoco aims to acquire Burmah Castrol, a move that takes place in the context of consolidation in the chemicals industry. Potential bid targets include Elementis and Croda, since stock price levels have become depressed. Burmah Castrol ranks first in the world lubricants business with the company's GTX brand of engine oil holding leadership in the markets for marine, industrial, commercial and consumer lubricants. A third party could offer more than BP Amoco.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
Automotive Lubes & Greases, Mergers, acquisitions and divestments, BP PLC, Automotive lubricants, Burmah-Castrol Inc.

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Subjects list: Management, Lubricants industry, Lubricating oils
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