Volume 4 Issue 11
Cosan Considers IPO for Moove
March 17, 2021Following a restructuring of its business holdings, Brazilian conglomerate Cosan is reportedly considering an initial public stock offering for its Moove lubricants business.
Vertex Earnings Dipped in 2020, Q4
March 17, 2021Vertex Energy’s black oil segment, which includes its rerefineries and used oil collection business, reported a drop in gross profit and a decline in revenues for the quarter ending Dec. 31, compared to the same quarter last year. For the full year, the segment also reported decreases in gross profit and revenues.
U.S. Keeps Adding Wind Turbines
March 17, 2021The United States’ wind power capacity grew 16% in 2020 to 122,468 megawatts, according to a market report by a national trade association that represents the renewable energy industry in the U.S. Texas continues to have the most capacity, followed by Iowa and Okalahoma.
Briefly Noted
March 17, 2021Eneos announced a partnership agreement in which Hanson Distributing Co., an Azusa, California-based independent automotive aftermarket warehouse distributor that serves auto parts stores and service dealers in southern and central California, joined Eneos’ North American automotive lubricants distribution network.