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November 2, 2016

Volume 17 Issue 52

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HollyFrontier to Buy Petro-Canada Lubes Biz

HollyFrontier’s acquisition of Suncor Energy’s Petro-Canada lubricants business for CA $1.1 billion (U.S. $845 million), announced Monday, will diversify HollyFrontier’s base oil portfolio to include API Group II and III base oils and also make it a prominent player in the finished lubricants market.