Warren Distribution announced today that it will increase the price of all its finished lubricants by 6 to 9%. The increase will be effective as of November 27, 2017. Warren Distribution attributes the price adjustment to the increased costs of base oils, additives, operation, raw materials and transportation.
Old World announced on October 30, 2017 that it will increase the price on all finished lubricants by up to 8%. The increase will be effective as of November 13, 2017. Old World attributes the increase to the higher price of raw materials used in the manufacturing and distribution of its products.
Nu-Tier Brands announced on October 27, 2017 a general price increase of up to 6% on all finished lubricants. The increase goes into effect November 17, 2017. Nu-Tier attributes the increase to the rising costs associated with raw materials and manufacturing.
Chevron announced on October 24, 2017 an increase on all lubricating oils and greases of up to 6%. The increase goes into effect as of December 4, 2017. Marketers were advised that certain products may be be outside the range.Pinnacle Oil announced an increase of 5 to 7% on packaged and bulk lubricants effective as of November 15, 2017.
Lubricant Manufacturers Round 3
|Company||Announced Date||Effective Date||Increase|
|Kleen Performance Products||9/6/2017||9/6/2017||60 to 80 cpg|
|ExxonMobil||10/20/2017||11/20/2017||up to 6%|
|Chevron||10/24/2017||12/4/2017||up to 6%|
|Warren Oil||10/25/2017||11/17/2017||4% to 9%|
|Chemlube||10/26/2017||11/20/2017||20 to 25 cpg|
|Advanced Lubrication Specialties (ALS)||10/26/2017||11/13/2017||6 to 10%|
|CAM2||10/26/2017||11/15/2017||4 to 9%|
|Smitty’s Supply||10/26/2017||11/15/2017||20 cpg Bulk 25cpg Packaged Lubricants 3cpp Packaged Greases|
|Nu-Tier Brands||10/27/2017||11/17/2017||up to 6%|
|Old World Industries||10/30/2017||11/13/2017||up to 8%|
|Warren Distribution||10/31/2017||11/27/2017||6 to 9%|
|Pinnacle Oil||11/15/2017||5 to 7%|