Brazil’s Cosan subsidiary Moove acquires U.S. PetroChoice Lubrication

https://www.reuters.com/markets/us/brazils-cosan-subsidiary-moove-acquires-us-petrochoice-lubrication-479-million-2022-05-23/

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King of Prussia motor oil distributor acquired by Brazilian company for $479M

Philadelphia Business Journal

https://www.bizjournals.com/philadelphia/news/2022/05/24/petrochoice-moove-golden-state-capital.html

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Moove Acquires PetroChoice from Golden Gate Capital

São Paulo, King of Prussia, PA and San Francisco – May 23, 2022 – Cosan S.A. (B3:CSAN3; NYSE: CSAN), one of Brazil’s largest business groups with investments in energy and logistics and revenue of approximately $23 billion, today announced that its subsidiary Moove, a leading global producer and distributor of lubricants and base oils, acquired […]

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Petrochoice Offers One of the Nations Most Sustainable Lubricants on the Market Today: Eco Ultra

Eco Ultra

King of Prussia, PA – 04/25/2022 – PetroChoice, the Nation’s No. 1 lubricant Distributor that specializes in advanced lubrication solutions and services, is also a leader in developing a high-quality sustainable lubrication option that positively impacts the environment by lowering the dependency on natural resources and reduces waste. “We created the Eco Ultra product with […]

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PetroChoice Names Roy Rosas as Chief Executive Officer

King of Prussia, Pennsylvania – February 23, 2022 – PetroChoice Lubrication Solutions (“PetroChoice” or the “Company”), the leading distributor of lubricants in America and a portfolio company of Golden Gate Capital, today announced the appointment of Roy Rosas as Chief Executive Officer (CEO) and member of PetroChoice’s Board of Directors, effective immediately. Mr. Rosas succeeds […]

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PetroChoice Expands Southeast Reach with Acquisition of APS Lubricants (Advanced Performance Services, Inc).

(King of Prussia, PA)- January 6, 2022 PetroChoice, the leading provider of lubrication solutions, is kicking off the New Year by announcing the acquisition of Goodwater, Alabama based distributor, APS Lubricants. Owned by industry veterans Todd Hayes and Greg Davidson, APS Lubricants has provided top notch service distribution to Industrial, Fleet and Automotive customers in […]

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Volkswagen on Pace to Return to Pre-Scandal Sales

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German automaker Volkswagen is on pace is on pace to return to pre-scandal numbers as its U.S. sales continue to trend up. Reports indicate the automaker’s year to date sales were up 6 percent through July, despite a 1.6 decrease in the industry as a whole. With about 215,800 vehicles sold, Volkswagen is on sale […]

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Kia Will Recall More than 30,000 Telluride Vehicles

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Kia announced it will recall more than 30,000 Telluride vehicles due to incorrect seat belt assemblies. According to reports, faulty assemblies in the passenger seat as well as the second and third rows are the reason for the recall. The seatbelts in question were not equipped with an automatic locking retractor, which could prevent child […]

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API, ILSAC to Begin Licensing New Standards in 2020

The International Lubricant Specification Advisory Committee (ILSAC) and American Petroleum Institute (API) will begin licensed sale of oils meeting new GF-6 and SP classifications in May 2020. The new classifications will replace the current API SN and ILSAC GF-5 standards, both of which have been in place since 2010. The API added an SN+ sub-classification […]

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