Nu-Tier Brands and Total Announces Lubricant Price Increase
Nu-Tier Brands announced that due to rising costs associated with raw materials and manufacturing, Nu-TierBrands/Gulf/ECOSE Lubricants will increase its prices by 6 to 8%. The increase is effective July 13, 2018.
TOTAL Specialties USA announced that effective July 6, 2018, the price of TOTAL branded lubricants will increase by 4 to 6%. The adjustment is reportedly due to the continuing escalation in the cost of base oils, additives, and other materials used in manufacturing and distribution of lubricants.
NOTE: As a point of clarification, although JobbersWorld included Amalie’s recent price increase, announced on May 18, in a table showing companies that have announced in the third round of price increases for 2018, Amalie’s increase was in fact its second for the year, not a third.
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%|
|TOTAL Specialties USA||6/8/2018||7/1/2018||4 to 6%|
|Nu-Tier Brands/Gulf/ECOSE||6/11/2018||7/13/2018||6 to 8%|