Shell, ExxonMobil reportedly explore sale of additives venture Infineum

· Lubricants & Chemicals

Shell and ExxonMobil are exploring a sale of Infineum, their jointly owned fuel and lubricant additives business, the Financial Times reported, citing people familiar with the matter. Infineum declined to comment, according to the report. Infineum is a major supplier of additives used in fuels and lubricants, and the business is jointly held by the two oil majors. A sale would mark a significant change in ownership of a key additives player and could affect supply relationships across the lubricants value chain. The report is based on unnamed sources, and no price, buyer or timetable was disclosed.

Why it matters：Infineum is a leading additives supplier, so a change of ownership could shift supply terms and competitive balance for lubricant blenders worldwide.

Key points

  • Infineum makes fuel and lubricant additives
  • Business is jointly owned by Shell and ExxonMobil
  • Infineum declined to comment; no price or buyer disclosed

Sources (original reporting)

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