Paramount Trading signs new deal with Allegheny Petroleum
Business
November 21, 2019

Paramount Trading signs new deal with Allegheny Petroleum

Chemical company Paramount Trading Jamaica Limited announced on Friday (November 15) its Licence, Supply and Distribution Agreement with Allegheny Petroleum Products Company.

The license agreement permits Paramount to use formulae, trademarks and related know-how exclusively for the manufacture of certain Allegheny Petroleum lubricants in Jamaica with exclusive distribution rights to all member states of the Caribbean Community.

Paramount further advises that it has completed an Asset Purchase Agreement with Allegheny to acquire the right, title and interest for all the assets of Allegheny that were used in connection with, or necessary for the operation of the joint venture, located at 39 Waltham Road, in Kingston.

0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Forex: J$158.65 to one US dollar
Business, Latest News
Forex: J$158.65 to one US dollar
September 10, 2024
KINGSTON, Jamaica — The US dollar on Tuesday, September 10 ended trading at $158.65 up by 36 cents, according to the Bank of Jamaica’s daily exchange ...
PHOTOS: Vaz Prep celebrates 73 years of excellence
Latest News, News
PHOTOS: Vaz Prep celebrates 73 years of excellence
September 10, 2024
KINGSTON, Jamaica — Vaz Preparatory School is celebrating 73 years of existence. in the Rollington Town community. The Dunoon Road, Kingston-based sch...
Jamaica to deploy security personnel to Haiti
Latest News, News
Jamaica to deploy security personnel to Haiti
September 10, 2024
KINGSTON, Jamaica — Jamaica will begin its participation in the multinational security support mission in Haiti with the deployment of 24 personnel Th...
DR Congo gets 50,000 mpox vaccine delivery from US
International News, Latest News
DR Congo gets 50,000 mpox vaccine delivery from US
September 10, 2024
KINSHASA, DR Congo (AFP) — Democratic Republic of Congo (DRC) received on Tuesday 50,000 more vaccine doses from the United States to fight the countr...
Minor earthquake felt in sections of Jamaica
Latest News, News
Minor earthquake felt in sections of Jamaica
September 10, 2024
KINGSTON, Jamaica— An earthquake with a magnitude of 3.5 was reportedly felt in Kingston and St Andrew, and St Catherine Tuesday morning. According to...

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy