Who is Valvoline owned by?

ABOUT VALVOLINE™:

Valvoline™, a brand of Ashland Inc. ( NYSE : ASH), is a leading, worldwide producer and distributor of premium-branded automotive, commercial and industrial lubricants, and automotive chemicals. It ranks as the #2 quick-lube chain and #3 passenger car motor oil brand in the United States .

Is Valvoline owned by Cummins?

In addition to its strategic partnership and ongoing, collaborative product and technology innovation, Cummins and Valvoline have formed numerous joint ventures around the world focused on the production, distribution and marketing of lubricants, grease and allied products.

Who founded Valvoline?

1866. Dr. John Ellis discovered the lubricating benefits of crude oil and founded the company that became Valvoline™.

Is Valvoline publicly traded?

As an independent publicly traded company, Valvoline will focus on growing its network of Valvoline Instant Oil Change stores, leveraging the Valvoline brand across multiple channels to capture new market share, and expanding its presence in Asia, Europe, Latin America and other international markets.

Does Ashland still own Valvoline?

In May 2017, Ashland spun off its Valvoline business as Valvoline Inc. (NYSE:VVV), the final step of reorganizing itself as a global specialty chemicals company.

LEARN ABOUT ENGINE OIL - VALVOLINE

When did Ashland spin off Valvoline?

On September 22, 2015, ASH announced its plan to separate the company's automotive solutions and lubricant business, Valvoline (VVV), into a standalone publicly traded company through a tax-free spin-off transaction.

When did Valvoline split from Ashland?

COVINGTON, KY , May 12, 2017 - Ashland Global Holdings Inc. ("Ashland") ( NYSE : ASH) announced today that it has completed the previously announced distribution of 170,000,000 shares of common stock of Valvoline Inc.

Is Valvoline a good stock to buy?

Valvoline has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Is Valvoline Made in USA?

Valvoline Inc. is an American manufacturer and distributor of Valvoline-brand automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change and Valvoline Express Care chains of car repair centers.

Does Valvoline make their own oil?

150 Years of Quality Lubricants

Valvoline™ can provide high-quality motor oils because we don't refine our own base oils from crude.

Does Shell own Quaker State?

Quaker State is an American brand of motor oil produced by Shell, the US-based division of Shell plc since 2002, when Shell Oil Co. acquired Pennzoil-Quaker State Co.

Who makes Pennzoil oil?

Who owns Pennzoil? The Pennzoil-Quaker State Company is a subsidiary of Shell Oil Company. Though Shell Oil Company is part of Royal Dutch Shell PLC., all Pennzoil motor oil distributed throughout North America is manufactured in the U.S.

Who makes Mobil oil?

Originally developed by the Mobil oil company, it is now globally marketed and sold by ExxonMobil. Mobil 1 engine oil was introduced in 1974. The brand range now includes a variety of engine oils, oil filters, chassis grease, transmission fluids, and gear lubricants.

Are Shell and Pennzoil the same company?

Shell's portfolio of lubricant brands includes Pennzoil®, Quaker State®, Shell Rotella T, Shell Helix, Shell Rimula, Shell Tellus, Monarch and Jiffy Lube®.

Is Shell Oil and Pennzoil the same?

Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate.

Does Shell Oil Own Pennzoil?

Royal Dutch/Shell Group will pay $1.8 billion to buy Pennzoil-Quaker State Co., the United States' largest motor oil maker.

Does Ashland oil still exist?

The original oil refinery in Catlettsburg, Kentucky is still in operation today and is owned and operated by Marathon.

Who owns Ashland Inc?

INEOS Enterprises has today announced the completion of the acquisition of the entire composites business from Ashland Global Holdings Inc. (NYSE: ASH). The acquisition also includes a BDO facility in Germany. The businesses included in the transaction have combined sales of more than $1.1 billion per year.

When did Valvoline go public?

Valvoline's common stock began trading September 23, 2016, on the New York Stock Exchange under the symbol “VVV.”

Who makes Motorcraft oil?

Motorcraft engine oil is an excellent option for both diesel engines and gasoline engines. This oil is a product from ConocoPhillips, one of the top refiners and suppliers of oil and gas products. The outstanding performance of Motorcraft oil makes it one of the top options for many car owners.

Who manufactures Rotella oil?

Shell Rotella is a line of heavy-duty engine lubrication products produced by Royal Dutch Shell. The line includes engine oils, gear oils and coolants. The oil carries both the American Petroleum Institute (API) diesel "C" rating as well as the API gasoline engine "S" rating.