PPC Lubricants has acquired the Lubricants division of Jay Gress, Inc. Jay Gress is a family owned and operated lubricant distributor located in Southeastern PA. The company is a heritage Shell, Pennzoil and Quaker State lubricant marketer.

David Klinger, President of PPC says "This is an exciting opportunity for PPC to solidify our position in Eastern PA, New Jersey, and the Eastern Shores of MD and Delaware. Having a larger footprint in these markets will also give us greater flexibility and logistical solutions servicing the Automotive, Commercial On and Off Road, Agriculture and Industrial markets in addition to our existing customer base while providing enhanced opportunities and resources to bring new business opportunities to PPC Lubricants."

Phillips 66 acquires Spectrum Corporation

Phillips 66 an energy manufacturing and logistics company, has agreed to acquire Spectrum Corporation, a leading specialty lubricants company.

"The acquisition of Spectrum complements our strong-performing Lubricants business by increasing our access to specialized global lubricants markets and is in line with our strategy to selectively grow our Marketing and Specialties segment," said Tim Taylor, president, Phillips 66. "It also creates new opportunities to expand our worldwide Lubricants customer base."

"We are excited to join Phillips 66 and become part of their growing Lubricants business," said Kent Farmer, chief executive officer, Spectrum. "While the ownership of Spectrum is changing, our customers can expect to receive the same outstanding service and high-quality products they're accustomed to."

Spectrum is an independent blender, packager and marketer of specialty lubricants including two-cycle engine oil, small engine oil and hydraulic oil. Spectrum offers a broad array of private-label and brand-name specialty lubricants and related products, including more than 500 products under 14 separate product lines.

Spectrum is headquartered in Memphis, Tennessee, and is currently owned by Dominus Capital, L.P. The transaction is expected to close in the third quarter of 2014 following the receipt of regulatory approvals. Terms of the transaction are not being disclosed.

About Phillips 66
Built on more than 130 years of experience, Phillips 66 is a growing energy manufacturing and logistics company with high-performing Midstream, Chemicals, Refining, and Marketing and Specialties businesses. This integrated portfolio enables Phillips 66 to capture opportunities in a changing energy landscape. Headquartered in Houston, the company has 13,500 employees who are committed to operating excellence and safety. Phillips 66 had $51 billion of assets as of March 31, 2014. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

BP Lubricants Awards Western Marketing A Full-Line Castrol Distributor Contract For Dallas-Fort Worth

BP Lubricants USA Inc., continuing an effort to expand its distributor network in the Dallas-Ft. Worth, TX market, has awarded a non-exclusive distributor agreement for all of its packaged and bulk lubricants to Western Marketing, Inc. This agreement makes Western Marketing the only full-line Castrol distributor in the market. The expansion of the relationship between Castrol's automotive, industrial and heavy-duty lubricants provides Western Marketing with the opportunity to ensure its existing and new customers can maximize vehicle and equipment operations with a highly-recognized, premium lubricant line.

What was a simple delivery arrangement servicing BP's Exploration business in West Texas led to Western Marketing becoming a contracted distributor in early 2013. Since then, Western Marketing has represented the Castrol brand in North Texas, Oklahoma and parts of New Mexico, Colorado, Kansas, Arkansas and Louisiana. "We've enjoyed the relationship with Castrol and look forward to entering the next phase of our growth journey with this world-class partner," said Michael Miller, CEO of Western Marketing.

"Expanding our geographic footprint not only strengthens our existing Castrol relationship but it also allows the Western Marketing team to better serve automotive and fleet customers located between our Abilene and Longview, Texas facilities," said Miller. "And the addition of the Castrol Industrial product line strengthens our ability to service other market segments -- especially wind turbine farms, machine shops and manufacturing plants. Castrol has been excellent to work with and we see more benefits to come from a long and successful association with BP Lubricants USA."

Bob Aenchbacher, BP Lubricants General Manager - U.S. Distributor Sales, added: "This is a natural evolution of our trade partnership and significantly expands the Castrol brand's presence and availability in a strategic market for BP Lubricants USA. Western Marketing is dedicated to providing both value-added service and top quality products to their customers. With their strength in customer service and lubricants handling, this expansion allows us both to serve the Castrol customers across the DFW Metroplex."

About Western Marketing, Inc.:

Western Marketing Inc. is a leading, multi-branded distributor of lubricants including heavy-duty and passenger car motor oils, specialized industrial lubricants and natural gas engine oils. For more information about the Castrol products and services provided contact them at 1-800-588-4662, visit http://www.westmktg.com or e-mail Info@westmktg.com.

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