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RDSA Shell Plc

1,895.20
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSA London Ordinary Share GB00B03MLX29 'A' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,895.20 1,900.20 1,900.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

CSW Industrials to Form JV With Shell's U.S. Lubricants Business

22/01/2021 12:51pm

Dow Jones News


Shell (LSE:RDSA)
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By Chris Wack

 

CSW Industrials Inc. said Friday its Whitmore Manufacturing subsidiary is forming a joint venture with Pennzoil-Quaker State Co., a wholly owned subsidiary of Shell Oil Co. that comprises Shell's U.S. lubricants business.

The joint venture will market, distribute, and sell lubricants, greases, coolants, reliability products, and related industrial services to the North America rail and U.S. mining sectors. The venture will be named Shell & Whitmore Reliability Solutions LLC, and is expected to be owned 50% by each Whitmore and Shell.

The joint venture will offer multi-sector expertise; advanced equipment technologies and services; and an integrated product portfolio for companies engaged in North America Class I, II, and III rail and U.S. mining.

The venture will be staffed by Whitmore and Shell sales and technical professionals.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

January 22, 2021 07:36 ET (12:36 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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