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Monday, November 7, 2016   VOLUME 12 ISSUE 45  
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Ford Motor Co. CK-4/FA-4 Position Statement

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 to Acquire Petro-Canada Lubricants

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 to Blend, Market VP Racing Lubricants in US, Canada and Mexico

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.


Shell, BP Report 3Q16 Earnings

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 Reports Improved 3Q2016 Results

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.


Hascol to Build Lube Blending and Grease Plant

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.


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Global Lube Base Oil Specifications

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