Shell Lubricants and Whitmore Announce Definitive Agreement to Form Joint Venture to Provide Industrial Products and Services to North America Rail and United States Mining Customers

Jan 22, 2021

DALLAS, TX – CSW Industrials, Inc. (NASDAQ: CSWI) and Pennzoil-Quaker State Company dba SOPUS products (“Shell”), a wholly owned subsidiary of Shell Oil Company that comprises Shell’s United States (“U.S.”) lubricants business, announced today the execution of a definitive agreement under which Whitmore Manufacturing, LLC (“Whitmore”), a wholly owned subsidiary of CSWI, and Shell will form a joint venture (“JV”) to market, distribute, and sell lubricants, greases, coolants, reliability products, and related industrial services to the North America rail and U.S. mining sectors. The JV, which will be named Shell & Whitmore Reliability Solutions, LLC, is expected to be owned fifty percent by each of Whitmore and Shell.

Road Freight sector close to tipping point to decarbonise faster than many expect

Jan 21, 2021

London - Shell and Deloitte today published a joint study on how to decarbonise the road freight sector, which is based on the views of road freight executives and experts from around the world. More than 70% of the 158 interviewees consider decarbonisation as the leading or top 3 priority for their organisation.

Shell completes acquisition of branded lubricants business in Japan.

Jan 5, 2021

Idemitsu Kosan Co., Ltd and Shell Overseas Holdings Limited have completed deal for Shell to acquire 100% of the shares in Shell Lubricants Japan K.K.

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