Chevron Products Company, a division of Chevron U.S.A. Inc. (NYSE:CVX), has expanded its North American base oils distribution network by signing new agreements with HF Sinclair Lubricants & Specialties and Renkert Oil.
The new distribution arrangements are designed to strengthen product availability and customer support across key markets in the United States and Canada.
HF Sinclair to Become Exclusive Distributor in Key Markets
Beginning May 1, 2027, HF Sinclair Lubricants & Specialties will serve as Chevron’s exclusive distributor of Group II base oils throughout Canada and within HF Sinclair’s existing customer territories in the United States.
In addition to those exclusive rights, the company will also distribute Chevron Group II base oils on a non-exclusive basis across selected U.S. markets outside its primary territory.
HF Sinclair had previously announced, on July 28, that it would retire its base oil refining assets located in Mississauga, Ontario.
Renkert Oil Retains Broad Distribution Role
Under the revised distribution structure, Renkert Oil will continue supplying Chevron’s Paralux and Paramount process oils throughout the United States, Canada and Europe.
The company will also remain responsible for distributing Nexbase Group III base oils across the U.S. and Canada, along with Chevron Group II base oils in U.S. regions that fall outside HF Sinclair’s exclusive distribution territory.
Chevron Focuses on Supply Reliability
Chevron said the new partnerships are intended to improve supply chain resilience while providing customers with broader market coverage and technical support.
“Customers need more than high-quality products – they need confidence in their supply partner,” said Alicia Logan, general manager of Chevron Base Oils. “By working with both HF Sinclair Lubricants & Specialties and Renkert Oil, we’re building on each partner’s unique strengths to deliver reliable supply, local expertise and the flexibility our customers need as markets continue to evolve.”
Group III+ Product Planned for 2027
Chevron also confirmed plans to launch a new Group III+ base oil product during early 2027 as it continues expanding its product portfolio.
According to the company, it currently operates five base oil manufacturing facilities worldwide and supplies customers through a global distribution network comprising 20 hubs.