Valvoline Inc. (Valvoline), incorporated on May 13, 2016, is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Company's products include All Climate, DuraBlend and MaxLife. In addition to the Valvoline-branded passenger car motor oils and other automotive lubricant products, Valvoline provides a range of lubricants used in heavy duty equipment, as well as automotive chemicals and fluids. Its lubricants product category includes product lines, such as passenger car/light duty, and heavy duty. Its heavy duty product line includes lubricating solutions for a range of heavy duty applications ranging from on-road to off-road construction, mining and power generation equipment. Its antifreeze product category includes antifreeze/coolants for original equipment manufacturers (OEMs).
The Company's chemicals product category includes product lines, such as maintenance chemicals and coatings. Its maintenance chemicals product line includes functional and maintenance chemicals ranging from brake fluids and power steering fluids to chemicals designed to clean and maintain optimal performance of fuel, cooling and drive train systems. Its coatings product line includes coatings designed to target rust prevention, sound absorption, and release agents for automotive and industrial applications. Its filters product category includes oil and air filters for light-duty vehicles. It also offers windshield wiper blades, light bulbs, serpentine belts and drain plugs. In addition to Valvoline's branded offerings, Valvoline sells private-label products to OEMs, lubricant marketers and aftermarket retailers. Valvoline's private label products include lubricants, coolants and chemicals.
Core North America
The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers. The Company sells to its DIY consumers through retail auto parts stores, such as AutoZone, O'Reilly Auto Parts and Advance Auto Parts, as well as mass merchandisers and independent auto part stores. Valvoline also sells various products and services to installer customers, such as car dealers, general repair shops and various third-party quick lube locations directly through distributors. Valvoline also sells branded products and solutions to heavy duty customers, such as on-highway fleets and construction companies.
Quick Lubes
The Company's Quick Lubes segment services the passenger car and light truck quick lube market through platforms, including Valvoline's Company-owned franchised Valvoline Instant Oil Change (VIOC) stores, a retail quick lube service chain by number of stores, and Express Care, a quick lube customer platform developed for independent operators purchasing Valvoline motor oil and other products pursuant to contracts while displaying Valvoline branded signage. As of September 30, 2016, the VIOC network consisted of 342 Company-owned and 726 franchised centers, and operated in 44 states. The Express Care platform supports smaller (single store) operators that do not fit Valvoline's franchised model, and offer other non-quick lube services, such as auto repairs and car washes. As of September 30, 2016, there were 347 Express Care locations.
International
The Company's International segment sold Valvoline and other branded products through its affiliates, joint ventures, licensees and independent distributors in approximately 140 countries outside of the United States and Canada, as of September 30, 2016. Its international markets include China; India; Europe, the Middle East and Africa (EMEA); Latin America, and Australia Pacific. Its international sales include both passenger car products and heavy duty products used in a range of heavy duty equipment. Its passenger car, motorcycle and light duty truck products are sold internationally through distributors in DIFM sales channels to installer customers. Its heavy duty products are sold either directly to customers or through distributors.
The Company competes with Shell, BP, Exxon Mobil, Grease Monkey, Express Oil Change, Super-Lube, American Lube Fast, Sinopec and Indian Oil.
3499 Blazer Pkwy
The company trades on NYSE exchange. The company headquarter is located in Kentucky, KY. The company was established in the 1866.| Ticker | VVV |
| Long Name | Valvoline Inc. |
| Short Name | Valvoline |