What do you think about Shell buying Pennzoil-Quaker State?
Interesting item to the deal--PZL has to sell its half interest in the Louisiana refinery that produces base oil, and can't sell to its partner ConocoPhillips. Also, Shell/PZL can't increase the amount of base oil it buys from ExxonMobil. Interesting that the FTC goes to such efforts to increase the competition in the base oil market.
http://www.nytimes.com/2002/09/28/b...00&en=b3a3b01a1b7038a5&ei=5062&partner=GOOGLE
http://www.hydrocarbons-technology.com/projects/westlake/
Ken
Interesting item to the deal--PZL has to sell its half interest in the Louisiana refinery that produces base oil, and can't sell to its partner ConocoPhillips. Also, Shell/PZL can't increase the amount of base oil it buys from ExxonMobil. Interesting that the FTC goes to such efforts to increase the competition in the base oil market.
http://www.nytimes.com/2002/09/28/b...00&en=b3a3b01a1b7038a5&ei=5062&partner=GOOGLE
http://www.hydrocarbons-technology.com/projects/westlake/
Ken