CONVENTIONAL FUELS & OILS

Shell to buy Panolin EAL business

The wholly-owned subsidiaries of Shell plc, Shell U.K., Pennzoil-Quaker State Company and Shell Aviation Sweden AB, have entered into agreements to acquire the environmentally considerate/acceptable lubricants (ECLs or EALs) business of the Panolin Group.

Shell plans to manufacture, distribute and market the Panolin portfolio of EAL products alongside its established Shell Naturelle branded products following the conclusion of the acquisition of Panolin's EAL business.

The wholly-owned subsidiaries of Shell plc, Shell U.K., Pennzoil-Quaker State Company and Shell Aviation Sweden AB, have entered into agreements to acquire the environmentally considerate/acceptable lubricants (ECLs or EALs) business of the Panolin Group.

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