Newsletter Sponsored by Oronite

Monday, July 22, 2013   VOLUME 9 ISSUE 28  
FREE SUBSCRIPTION!
Back to the Newsletter
News Sponsored by Afton Chemical
 News Sponsored by Afton Chemical
News Sponsored by Vanderbilt Chemicals
 News Sponsored by Vanderbilt Chemicals
News Sponsored by ACI Europe
 News Sponsored by ACI Europe
Digital Book: LubriTec Synthetic Lube XRef - ED 5
Digital Book: LubriTec Synthetic Lube XRef - ED 5
Subscribe, Unsubscribe or Change Your Options
Click Here to Subscribe, Unsubscribe or Change Your Options
American Agip/Eni R&M Sells Its Long Island, NY Lubricants Division

Polsinello Fuels, Inc., a wholesale distributor of lubricants throughout New York, Vermont, Northern New Jersey, Pennsylvania, Connecticut and Eastern Massachusetts has purchased the Westbury, NY lubricants division of American Agip/Eni Refining & Marketing Company. American Agip, established in North America in 1987, is part of the Eni Group, based in Rome, Italy.

Polsinello Fuels is one of the largest distributors in the region for Shell, Pennzoil, Quaker State and Gulf Lubricants. Polsinello has four divisions: gasoline and diesel, lubricants, heating and propane and HVAC. Lubricants, its second-largest division behind gasoline and diesel, represents 40 percent of the company’s revenue.

The company now occupies the 32,000-square-foot warehouse in Westbury, NY formerly owned by ENI. Lou Polsinello said ENI was getting out of the local direct distribution business, and approached his company about buying its Westbury operations.

Polsinello employs a total of 175 people at its Watervliet, Plattsburgh, Canastota and Westbury locations. About 120 employees work out of the company’s Watervliet headquarters.

Polsinello, with $130 million in revenue in 2012, expects revenue to grow an additional $8 million from the ENI acquisition.


[PRINTER FRIENDLY VERSION]
News Sponsored by Inolex
 News Sponsored by Inolex
Reference Center

Global Lube Base Oil Specifications

API Group I
API Group II
API Group III
API Group IV
API Group V

Archive
July 15, 2013
July 8, 2013
July 1, 2013

[MORE]
Classifieds

Interested in posting a job position within your company to a targeted audience?


Circulation Audited by BPA Worldwide 

Please send all comments and correspondence to lubritec@aol.com.

Published by Lubrication Technologies, Inc.
Copyright © 2013 Lubrication Technologies, Inc.. All rights reserved.
FORWARD TO A COLLEAGUE
Privacy Policy
Powered by IMN