OEM/Lube News has been advised by Ford Motor Corporation that the company does not recommend the use of API CK-4 nor FA-4 oils in any of their diesel engines. Ford recommends oils that meet Ford Material Engineering Specification WSS-M2C171-F1, in lieu of CK-4.

HollyFrontier last Monday announced it has entered into a definitive agreement to acquire Petro-Canada Lubricants business for C$1.125 billion (approximately US$845 million), including working capital with an estimated value of C$342 million (or approximately US$257 million). HollyFrontier now becomes the fourth largest lubricants producer in North America.

Maverick Performance Products last Thursday announced a long-term trademark license agreement with VP Racing Fuels to market, manufacture and sell VP-branded lubricants in the US, Canada and Mexico.The agreement comes on the heels of VP’s recent introduction of VP Racing Lubricants.

Royal Dutch Shell last Tuesday reported third-quarter net income of $1.38 billion, on revenue of $61.86 billion in the period, after reporting a loss in the same period a year earlier. BP also last Tuesday reported third-quarter profit of $1.62 billion on revenue of $47.05 billion in the period.

Calumet Specialty Products Partners, L.P. last Thursday reported a net loss of $33.4 million compared to a net loss of $48.9 million in the same quarter in 2015. Specialty products segment, which includes lubricating oils, gross profit for the third quarter was $81.0 million compared to $89.0 million in the third quarter 2015.

Karachi, Pakistan-based Hascol Petroleum Limited announced that its board of directors has approved the building of a lube oil blending and grease plant worth PKR 1.8 billion (US$17.2 million) with expected commissioning in two years.

• Cross Oil Increases Light and Heavy Vis Naphthenic Oils by 10 CPG Effective November 1
• Chevron Oronite Introduces PCFlex ADDvantage
• Vertex Energy 3Q 2016 Gross Profit Margin Was 21%
• HollyFrontier Corporation Reports Quarterly Results
• Brenntag to Acquire Distribution Business of EPChem Group, Singapore
• Castrol Launches Castrol EDGE Bio-Synthetic, Combining Its “Fluid Titanium Technology” With 25% Renewable Plant-based Materials
• Clean Harbors Announces Third-Quarter 2016 Financial Results
• First Piece of Major Equipment – the Vacuum Fractionation Tower – for ExxonMobil’s New Hydrocracker Arrives in Rotterdam
• Chemtura Reports 3Q16 Net Sales of $140 Million for Its Petroleum Additives Segment, Down 10.3 Percent from $156 Million a Year Earlier
• Quaker Chemical Reports Net Income of $16.4 Million for 3Q16, up 10.8 Percent from $14.8 Million in 3Q15
• Chevron Oronite to Present at Lubricants Russia 2016