• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Sealing & Contamination Control Tips

Fluid Power Sealing and Contamination Control Information and Resources

  • News
  • Contamination Control
  • Filtration
  • Seals
  • Fluids
  • Design Guides
  • Advertise
  • Subscribe
You are here: Home / Fluids / Panolin signs agreement to sell ECL business to Shell

Panolin signs agreement to sell ECL business to Shell

November 10, 2022 By Mary Gannon Leave a Comment

Share

Wholly-owned subsidiaries of Shell plc in Switzerland, the UK, US and Sweden (Shell (Switzerland) AG, Shell U.K. Limited, Pennzoil-Quaker State Company and Shell Aviation Sweden AB) have entered into agreements to acquire the Environmentally Considerate Lubricants (ECLs) business of the Panolin Group.

The transaction includes the PANOLIN brand, ECL product formulations, intellectual property, technical expertise and technology, international customer base and portfolio of products – for hydraulics, gears, universal tractor transmission oils, biodegradable engine oils (HDEO), turbine oils, chainsaw oils and greases for machine lubrication, including leading OEM-approved products.

ECLs are biodegradable lubricants and can help contribute to a more sustainable future, offering greater protection for wildlife  and ecosystems in the event that they come into contact with the environment, in comparison to conventional lubricants. They  enable customers to reduce the risks of operating in sensitive environments. The global market for ECLs is expected to grow significantly over the coming years.

Following completion of the transaction, Shell will manufacture, distribute and market the Panolin portfolio of ECL products alongside its established Shell Naturelle branded products.

All Panolin staff who currently support the ECL business in Switzerland, the UK, US and Sweden are expected to join Shell.

With the sale of the ECL business to Shell, the long-standing vision of the Lämmle family, for the Panolin brand to reach higher visibility and a global reach will be realized. Shell’s financial strength, commitment to sustainability and global distribution and customer network will take the business to the next level.

The conventional and food grade lubricants businesses in Switzerland and Liechtenstein and the production facilities in Madetswil/Switzerland will remain with the Lämmle family and are to be continued in its present form. This includes all current employees supporting above mentioned activities, who make up more than 85% of the company’s total workforce in Madetswil.

Tim Lämmle, currently CEO of Panolin International, who will transfer to Shell and assume the post of General Manager ECL to drive the business forward, said, “Shell will be a great custodian of the Panolin brand, with its financial strength, global distribution network and customer base, which will take the ECL business to the next level.”

Subject to regulatory clearance and the satisfaction of closing conditions, the deal is expected to be completed
by early 2023.

Panolin Group
www.panolin.com

Shell Lubricants
www.shell.com

You may also like:


  • Laws and labels for environmentally friendly fluids

  • Where and when to use environmentally acceptable fluids

  • How does heat affect a hydraulic system?

  • PANOLIN’s HLP SYNTH 32 is first eco-friendly hydraulic oil to…

Filed Under: Fluids, News Tagged With: panolin

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Fluid Power World Digital Editions

Fluid Power World Digital Edition

Browse the most current issue of Fluid Power World and back issues in an easy to use high quality format. Bookmark, share and interact with the leading design engineering magazine today.

Fluid Power Design Guides

fluid
“sact
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Fluid Power Professionals.

Footer

Sealing and Contamination Tips

Fluid Power World Digital Network

  • Fluid Power World
  • Mobile Hydraulic Tips
  • Pneumatic Tips
  • Hose Assembly Tips
  • Leadership in Engineering

Sealing & Contamination Control

  • Subscribe to Fluid Power World
  • Videos
  • Advertise with us
  • About us

Copyright © 2025 · WTWH Media, LLC · Privacy Policy