Valvoline’s Lubricant Product Line to be Acquired by Saudi Aramco?
- Thread starter Danh
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Rip sweet prince as thee go unto the nighteth
It's a sad day in my opinion!
EDIT: they're not. I made a mistake and was thinking of something else
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In 2021, The Guardian reported that Aramco was not trying to diversify at the same rate as other oil companies, such as Shell and BP.[88] Rather, Aramco announced in 2021 that the company intended to increase crude capacity from 12m barrels a day to 13m barrels by 2027.[88]Isn't Saudi Aramco affiliated with BP (Castrol)?
Based upon that, I would say no, but who knows in these crazy times.
I made a mistake and confused them with something else, sorry
s'all good Brobi-Wan Kenobi
The part of this that I am trying to grasp is that Valvoline used their own products in their VIOC locations. Will this continue? Aramco could change the consequences down the road.
Maybe I’m missing something here but this appears to be a big $$ win for Valvoline in the short run but down the road might be a different story.
Maybe I’m missing something here but this appears to be a big $$ win for Valvoline in the short run but down the road might be a different story.
They might have added a clause into the buy out where VIOC can only use Valvoline products
Hope they ke3ep paying my Valvoline pension!
I hope so for your sake as well!!!! (Typically they do, I have mine from a buy out)
Figures. First time I put anything other than pennzoil platinum in my car (valvoline ep). I’ll still use it as long as the quality remains.
It's sad as it's a pioneering American company. I'm also not too happy with some of the things the Saudi royal family has been involved with.
The reality is that all the oil companies have or had connections to the Middle East. These connections are fraught with political strife.
BITOG might not like it but oil is political. Deals are made with friends and enemies, sometimes one and the same. Deals are also made thru that wretched hive on the east coast. I’ll leave it at that lest a over eager mod decides to lock this up.
Is it a Valvoline blending plant?
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