HF Sinclair Corporation to acquire Industrial Oils Unlimited for $38m.

HF Sinclair Corporation, an independent energy company, agreed to acquire Industrial Oils Unlimited, a company which produces industrial lubricants and specialty fluids, for $38m. "We are very pleased to welcome the team from IOU into the HF Sinclair family. IOU brings a wealth of knowledge and experience, and along with honoring its significant reputation in the local community and the marketplace they serve, we believe this transaction will further enhance our value proposition and go-to-market strategy in the US, accelerating innovation and driving operational excellence," Matthew Joyce, HF Sinclair Corporation Corporate Senior Vice President.