10 Oct 2023Shell U.K. Limited has signed an agreement to purchase MIDEL and MIVOLT, two lines of business currently owned by Manchester-based M&I Materials Ltd..Boosting Shell’s global lubricants portfolio, the acquisition of MIDEL’s premium product range will enable Shell to complement its differentiated position in Transformer Oils used for power distribution, offshore wind parks, utility companies and traction power systems. By adding synthetic and natural ester-based transformer fluids and services to its portfolio, Shell Lubricants aims to deliver improved fire protection and biodegradability to its customers.Meanwhile, MIVOLT’s ester-based immersion cooling fluids will support the development of thermally efficient electric vehicle batteries, battery energy storage systems and data centres.Shell’s Executive Vice President for Global Lubricants, Jason Wong said: “The addition of the MIDEL and MIVOLT premium product ranges to our portfolio acknowledges the growing ester fluid market and will help Shell Lubricants meet customer needs in the renewables and power sectors. Most importantly, we expect the outstanding technical knowledge and application expertise of their people will add huge value to Shell Lubricants.”.M&I Materials Ltd Chairman, Colin Salt said: “Ester fluid manufacturing has been a huge part of M&I Materials Ltd for over 45 years and a source of pride for everyone involved in developing this technology which customers in many markets worldwide have come to specify and trust. We want to see the growth potential for both MIDEL and MIVOLT realised and we believe Shell is uniquely positioned to take them forward and on to their next stage of development.”.Click the link below to read the full press release.Shell Lubricants to acquire UK-based MIDEL and MIVOLT
10 Oct 2023Shell U.K. Limited has signed an agreement to purchase MIDEL and MIVOLT, two lines of business currently owned by Manchester-based M&I Materials Ltd..Boosting Shell’s global lubricants portfolio, the acquisition of MIDEL’s premium product range will enable Shell to complement its differentiated position in Transformer Oils used for power distribution, offshore wind parks, utility companies and traction power systems. By adding synthetic and natural ester-based transformer fluids and services to its portfolio, Shell Lubricants aims to deliver improved fire protection and biodegradability to its customers.Meanwhile, MIVOLT’s ester-based immersion cooling fluids will support the development of thermally efficient electric vehicle batteries, battery energy storage systems and data centres.Shell’s Executive Vice President for Global Lubricants, Jason Wong said: “The addition of the MIDEL and MIVOLT premium product ranges to our portfolio acknowledges the growing ester fluid market and will help Shell Lubricants meet customer needs in the renewables and power sectors. Most importantly, we expect the outstanding technical knowledge and application expertise of their people will add huge value to Shell Lubricants.”.M&I Materials Ltd Chairman, Colin Salt said: “Ester fluid manufacturing has been a huge part of M&I Materials Ltd for over 45 years and a source of pride for everyone involved in developing this technology which customers in many markets worldwide have come to specify and trust. We want to see the growth potential for both MIDEL and MIVOLT realised and we believe Shell is uniquely positioned to take them forward and on to their next stage of development.”.Click the link below to read the full press release.Shell Lubricants to acquire UK-based MIDEL and MIVOLT
