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Repsol Gains Foothold in Mexican Market

Repsol announced Monday an agreement to acquire 40 percent of lubricant distributor Bardahl de Mexico, which will enable the Spanish energy company to manufacture and sell its own lubricants in Mexico. Terms of the agreement - expected to close in 2018s third quarter - were not disclosed.

New Vehicles Reshape Latin Americas Market

Many of the automotive engine oil trends that are swaying markets globally - the drive for greater fuel economy, extended service life and durability, and rapid advancements in engine design - are also influencing the Latin American lubricants market, according to several presenters at the ICIS Pan American Base Oils and Lubricants Conference last month.
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