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BP Amoco is to acquire Burmah Castrol for £3bn in order to expand its lubricants business, but Burmah's chemicals business is expected to be sold off for about £800m. 15-Mar-2000 Burmah Castrol has announced a deal to become Hyundai's preferred supplier of lubricants and the sponsor of the Hyundai FIA World Rally championship team. 29-Feb-2000 Burmah Castrol has acquired Reax Industria e Commercio, the Brazilian supplier of construction chemicals, for £12m. 21-Jan-2000 Burmah Castrol has announced a global partnership with BMW to develop the next generation of lubricants, and BMW will use Castrol oil in its cars and motorcycles. 22-Nov-1999 Burmah Castrol has doubled its cost-cutting target to £60m by 2002, which will involve the loss of 1,450 jobs, but the company is also planning to strengthen its technological base through acquisitions. 09-Sep-1999 Burmah Castrol has sold its molten aluminium operation to Pyrotek of the US for £12m, as part of a strategy to sell non-core assets and focus on the Castrol brand. 10-Aug-1999 Burmah Castrol has sold its Protim Solignum timber treatment division to Osmose of the US for £9.5m. 02-Jul-1999 Burmah Castrol is expanding its speciality chemicals business with the £15m acquisition of two cement additives companies from Holderbank of Switzerland - CIA of France and Holderchem of Spain. 07-Jun-1999 Burmah Castrol is planning to acquire Remet Corporation, the US supplier of casting products to the engineering industry, for $33m. 07-May-1999 Burmah Castrol, the lubricants and chemicals company, is planning to restructure its European operations at a cost of £110m, which will involve plant closures and an unspecified number of job losses. 02-Mar-1999 Burmah Castrol has acquired two US lubricant businesses for £15m - Lubecon Systems of Michegan and Applied Chemicals International's performance lubricants operation. 06-Feb-1999 Burmah Castrol is considering plans to sell off non-core businesses in order to focus on lubricants and chemicals. 08-Sep-1998 Burmah Castrol has sold its 50% stake in a Japanese LNG venture to Mitsui OSK Lines and Nissho Iwai Corporation for £42m, in order to focus on lubricants and speciality chemicals. 05-Feb-1998 Burmah Castrol is planning a £10m reorganisation of its lubricants business, involving a cut in the number of senior positions and the creation of four business units to cover the consumer, commercial, marine and industrial markets. 10-Dec-1997 Holt Lloyd has acquired the Simoniz car care products business from Burmah Castrol for £7m. 04-Oct-1997 Burmah Castrol has acquired SMC Group, the coatings and resins company, from Chemetall for £23m, and sold Columbia Cement, the adhesives business, to TACC International of the US for $23m. 19-Aug-1997 Burmah Castrol is planning to sell off its adhesives division, which includes Industrial Adhesives of the UK and Columbia Cement of the US, in order to concentrate on its core chemicals business. 03-Jul-1997 Burmah Castrol is acquiring the US releasants operation of Air Products and Chemicals. 29-Jan-1997 Burmah Castrol has emphasised that it is focusing on its lubricants and chemicals operations, and, contrary to rumours, it is not planning a major acquisition. 03-Sep-1996 Burmah Castrol has sold its Swedish service station business to Norsk Hydro Olje for £24m. 26-Mar-1996 Burmah Castrol is selling its filling stations in Turkey and Chile and hopes to sell its Swedish network soon, as part of a strategy to pull out of fuel retailing. 17-Feb-1996 Burmah Castrol is to open a lubricants HQ in Hong Kong to expand its Asian business. 11-Oct-1995
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