ExxonMobil the First Major to Move in Round 3
ExxonMobil advised its customers on June 1st that it will implement a price increase of up to 9% on its branded and unbranded passenger car, commercial, industrial, marine and aviation lubricants and greases. The increase is effective July 1, 2018.
PennStar announced on May 23rd a general price increase of 6 to 10% to be effective with orders placed after Friday June 15, 2018 on all lubricating oils, gear lubes, and greases. PennStar attributes the increase to the continued rise in base oils, additives and freight costs which impacts its manufacturing and distribution of its lubricant products.
BASF Names Chemroy A Distribution Partner in CanadaAgreement includes lubricant additives and components of metalworking fluids
The product brands include Irganox®, Irgacor®, Irgalube®, Irgaflo®, Synative®, Plurasafe® and Breox®. The agreement supports customers participating in the lubricants and metalworking market and becomes effective June 1.
“Chemroy’s industry expertise, agility and adaptability to meeting individual customers’ needs makes them the right distributor for our lubricant additives and metal working products in Canada,” said Eric Escobar, Director of Corporate Distribution, BASF.
About BASF’s Fuel and Lubricant Solutions The global business unit Fuel and Lubricant Solutions (basf.com/fuel-lubricant-solutions) is a leading supplier to the transportation and mineral oil industries worldwide and part of BASF’s Performance Chemicals division. Offerings cover fuel performance packages, refinery additives, polyisobutenes, engine coolants and brake fluids as well as lubricant additives, compounded lubricants, synthetic base stocks and components for metalworking fluids. The business unit has its main facilities in Ludwigshafen, Germany, Cincinnati and Florham Park in the USA, Nanjing and Shanghai in China, as well as Sao Paulo, Brazil. Research and development is mainly driven out of Ludwigshafen, Germany, Tarrytown, USA and Shanghai, China.w Renewable Base Oil Technologies
ARG Branded Lubricants get new Look
American Refining Group Inc. (ARG) introduced this week the new logo for the Made in USA-certified refinery’s house brand of blended lubricants.
As part of the new logo, industry partners and customers will recognize the traditional red and black windmill that has been ARG’s mark for decades.
The company’s blended lubricants team first shared the image this week at the 73rd Society of Tribologists and Lubrication Engineers (STLE) Annual Meeting & Tradeshow in Minneapolis.
Blended Lubricants Business Manager Todd Cawley said, “We were so excited to share this news at STLE, especially when we have already received some really positive feedback from distributors who formerly did business with us and are eager to re-establish that relationship.”
ARG President and Chief Operating Officer Jeannine Schoenecker said, “First and foremost we are American Refining Group, so we wanted to stay true to the customary design that our partners have come to associate with us.
“Furthermore, both our leadership and our customers felt it was imperative that we include the phrase, ‘Made in Bradford, Pa., USA,’ ensuring that it appears front and center on all of our labels and packaging.”
Of the brand’s “Specialty Lubricants” tag, Senior Vice President – Sales, Marketing and New Business Development Neal Zuzik added, “One of the things that really distinguishes ARG from our competitors is that our smaller size lets us produce specialty blends and finished products that meet unique customer needs when other, bigger refiners can’t. Highlighting this competitive advantage within the brand name was important.”
ARG’s unique, privately owned refinery is situated on approximately 131 acres in Bradford, Pa., the heart of McKean County and the birthplace of the domestic oil industry more than 100 years ago. The refinery has a rated capacity of 11,000 barrels per day and processes light, sweet, paraffinic crude available domestically. ARG purchases the majority of its crude from sources in Pennsylvania, Ohio, New York and West Virginia.
Round 3 Lubricant Price Increase Summary
|Company||Announced Date||Effective Date||Increase|
|Sinclair Lubricants||5/8/2018||7/1/2018||10 to 12%|
|Sunoco||5/16/2018||6/16/2018||4 to 6%|
|Advanced Lubrication Specialties||5/16/2018||6/16/2018||4 to 6%|
|CAM2||5/18/2018||6/16/2018||4 to 9%|
|Smitty’s Supply||5/18/2018||6/16/2018||4 to 9%|
|U.S. Lubricants, Commerce, CA||5/18/2018||6/17/2018||$0.40/gal lubricants $0.05/lb greases|
|Chemlube||5/22/2018||6/11/2018||5 to 9%|
|Maverick Performance Products||5/22/2018||6/18/2018||4 to 8%|
|Allegheny Petroleum Products||5/23/2018||6/18/2018||6 to 8% on bulk, additional 2% on drums and totes|
|Warren Distribution||5/23/2018||6/25/2018||4 to 8%|
|PennStar||5/23/2018||6/15/2018||6 to 10%|
|Old World Industries||5/24/2018||6/30/2018||4 to 9%|
|ExxonMobil||6/1/2018||7/1/2018||up to 9%|