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bp: strategic review for Castrol lubricants
(CercleFinance.com) - bp announces that it is currently carrying out a strategic review of Castrol, its lubricants brand which markets premium products in over 150 countries and serves customers and consumers in the automotive, marine, industrial and energy sectors.
The UK energy group sees significant growth ambitions for Castrol, in its core mobility and industrial lubricants businesses, but also through diversification into data center fluids. Castrol's strategic review will examine all options with a focus on value creation. Proceeds from any potential transactions that may result from the review will be used to strengthen bp's balance sheet. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
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