Chevron Adds HF Sinclair, Reinkert as Base Oil Partners
8/03 12:30 PM
Chevron Adds HF Sinclair, Reinkert as Base Oil Partners HOUSTON, TX (DTN) -- Chevron Products Company will expand its North American base oils distribution network effective May 1, 2027, through complementary agreements with HF Sinclair Lubricants & Specialties and Renkert Oil, , according to separate company statements released Monday (8/3). Under the agreement, HF Sinclair Lubricants will serve as Chevron's exclusive distributor of Group II base oils in Canada and existing U.S. customer territories, with non-exclusive rights in select additional U.S. regions. Renkert Oil will continue distributing Paralux and Paramount process oils across the United States, Canada and Europe, alongside NEXBASE Group III base oils and Chevron Group II base oils in U.S. markets outside HF Sinclair's exclusive territory. The agreements also support HF Sinclair's previously announced plans to retire its base oil refining assets in Mississauga, Ontario, with the full transition to the new supply model expected by the second half of 2027. (c) Copyright 2026 DTN, LLC. All rights reserved.