Total acquires Ultramar’s Lubricant Business
And signs a Partnership agreement whereby Total Lubricants will be featured in Ultramar Outlets
Total Lubricants Canada (Total) and Ultramar Ltd. (Ultramar) announced today that Total has acquired Ultramar’s lubricants business and that the two companies have signed a partnership under which Total branded lubricants will be sold throughout the Ultramar Network.
This alliance will allow Ultramar customers to benefit from Total’s full line of technologically advanced automotive and industrial products, which include synthetic, fuel efficient and biodegradable lubricants.
Total will be Ultramar’s lubricants partner and, consequently, Ultramar’s company-operated stations will be offering Total lubricants to their customers. Ultramar will also recommend Total lubricants to its business partners.
“With this new partnership, Total continues its development plan in Canada and North America. We are convinced that our technology will provide real added value to our mutual customers in the automotive and industrial sectors and we are looking forward to pursuing our development together in Canada”, Olivier Goutal, President of Total Lubricants Canada, said of the partnership.
Total operates a blending plant in Montreal with a capacity of 35,000 tons, which was built in 2000 and is certified ISO 9001. The company employs 54 persons in its offices and plants in Montreal, Quebec, Toronto and Calgary.
Jean Bernier, President of Ultramar Ltd. said: “We are pleased with this new partnership with Total which gives our customers access to an internationally recognized brand in this highly specialized lubricants business, while assuring very competitive services”.
Ultramar
Ultramar Ltd., a subsidiary of Valero Energy Corporation (VLO on the New York Stock Exchange) owns and operates the Jean-Gaulin Refinery, whose current production capacity is 265,000 barrels of oil per day, at Lévis, near Quebec City. It markets gasoline and diesel fuel via a network of some 830 retail sales outlets and 85 cardlocks for the trucking industry, in addition to selling home heating oil to about 137,000 customers. Headquartered in Montreal, Ultramar employs over 3,700 persons and its refining, distribution and retail sales networks contribute to supporting more than 10,000 jobs, making it one of the largest employers in Eastern Canada. For more information on Ultramar, visit the Company’s website at http://www.ultramar.ca.
Total
Total is a world class integrated oil and gas company operating in more than 130 countries on five continents with approximately 97,000 employees. Total is engaged in all aspects of the petroleum industry, including Upstream operations (oil and gas exploration, development and production, LNG) and Downstream operations (refining, marketing, trading, future energies). Total also produces base chemicals and specialty chemicals for the industrial and consumer
