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SOPUS Sheds Wolf's Head |
Pennzoil-Quaker State Company (SOPUS) Products is
reportedly now informing its customers that it will
sell Wolf’s Head® brand and related inventories to
affiliates of Amalie Oil Company. The deal is
expected to close on April 28, 2006.
According to some, SOPUS is now advising its
customers that starting on the first business day
following the close of the transaction, all orders
for Wolf’s Head® products will be shipped by Amalie
Oil Company. The last day to order Wolf’s Head®
products from SOPUS is reported to be April 21,
2006.
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Another BIG DEAL in the making? |
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The first big deal was Windward on the East Coast
grabbing the press with its acquisition of Maine
Lubrication Services over a year ago. This was a big
deal because it was about one very larger player in
the New England Market (Windward) coming together
with another large player (Maine Lubrication) in the
same market. That was big news in the world of
jobbers, particularly those on the East Coast. In
addition, it resulted in one very large ExxonMobil
marketer.
Well there appears to be more big news in the
making, except now its on the West Coast and Chevron
may be the one aligned with the Big Kahuna of
distribution if this deal gets done.
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Brace Yourselves - Another Perfect Storm may be in
the Making. |
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Oil and natural gas provide energy and feedstock for
manufacturing of base stock and lubricant additives.
The rapid run-up in the price of oil, natural gas
and other basic building block required to make both
lubricant base stocks and additives increased at an
unprecedented rate in 2005 and it looks like we may
have more of the same in 2006.
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