Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Shell Oil to Acquire Pennzoil-Quaker State - Ink World Magazine

What are you searching for?

Sign in
Industry News

Shell Oil to Acquire Pennzoil-Quaker State

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Shell Oil Company, a wholly-owned member of the Royal Dutch/Shell Group, and Pennzoil-Quaker State Company announced that they have entered into a definitive agreement under which Shell Oil will acquire Pennzoil-Quaker State at a price of $22 per share in cash.
    
Paul Skinner, managing director of Royal Dutch/Shell Group and CEO of the group’s oil products business, said, “The combination of Shell and Pennzoil-Quaker State, the largest independent lubricants company in the world, will make Shell a leader in the U.S. and global lubricants market. It also strengthens our U.S. oil products business.”

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters