Every Spin-Off
Lubricants & Specialties
AnnouncedPetro-Canada Lubricants and specialty products, about $2.3bn of 2025 revenue. The Mississauga base oil refinery is being retired.
- Status
- Announced
- Expected
- H2 2027–Q1 2028
- Parent
- HF Sinclair (DINO)
- Spin-off ticker
- To be announced
- Market
- United States
Terms
Separation through the capital markets, which can mean a spin or a sale. No shareholder vote. Target is 12 to 18 months from 28 Jul 2026.
Key dates
- Intent announced
- Window opens
- Window closes
Source documents
- Press releaseAnnouncement release (pdf)
- PresentationHF Sinclair investor presentation, 8-K EX-99.3 (28 Jul 2026)
- Form 10 / prospectusNot yet public
Every Spin-Off research
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