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The company is currently run by the Barkett family. The Barketts entered the motor oil business by buying Petroleum Packers, a company in Port Tampa Bay, in 1977. In 1997 the Barketts acquired Amalie Oil from Sun Oil Company and merged Petroleum Packers into Amalie. [3] The combined company has been headquartered in Tampa, Florida, since 1998. [5]
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies. The format of this page is based on current ownership and where they largely operate: Parent company Children (acquired companies and notable brands)
Old World Industries (OWI) is an American automotive and chemical company best known for their PEAK brand of motor oil, antifreeze and other automotive products. The company markets itself as an "independent, family-owned business". It sells products in over 60 countries. [2] [3] [4] [5]
It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second largest oil change service provider in the United States with 10% market share and over 1,650 locations. [4] [5] [6]
The company was founded in 1986 by John Williams, a synthetic oil developer and later consultant. Due to a customer who said he had never seen purple oil, Williams named the product Royal Purple. [6] Producing synthetic oil using its own additives, [7] the company grew and in 2004 completed a 125,000 square foot production facility in Porter ...
Motor oil, engine oil, or engine lubricant is any one of various substances used for the lubrication of internal combustion engines. They typically consist of base oils enhanced with various additives, particularly antiwear additives , detergents, dispersants , and, for multi-grade oils, viscosity index improvers .
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