CSW Industrials to Form JV With Shell's U.S. Lubricants Business
By Chris Wack
CSW Industrials Inc. said Friday its Whitmore Manufacturing
subsidiary is forming a joint venture with Pennzoil-Quaker State
Co., a wholly owned subsidiary of Shell Oil Co. that comprises
Shell's U.S. lubricants business.
The joint venture will market, distribute, and sell lubricants,
greases, coolants, reliability products, and related industrial
services to the North America rail and U.S. mining sectors. The
venture will be named Shell & Whitmore Reliability Solutions
LLC, and is expected to be owned 50% by each Whitmore and
The joint venture will offer multi-sector expertise; advanced
equipment technologies and services; and an integrated product
portfolio for companies engaged in North America Class I, II, and
III rail and U.S. mining.
The venture will be staffed by Whitmore and Shell sales and
Write to Chris Wack at firstname.lastname@example.org
(END) Dow Jones Newswires
January 22, 2021 07:36 ET (12:36 GMT)
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