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More Price Increases

Chemlube International announced that effective February 13, 2020, it will increase the price of its lubricant products in the range of 7 to 12%; varying somewhat by product. The adjustment is said to be necessary due to  significant increases in the costs of the raw materials used in the manufacturing of its lubricants. 

Warren Oil Company notified its customer there will be up to a $0.30 a gallon price increase on its finished lubricants, and up to a $0.04 a pound increase on greases effective February 18, 2020. Warren Oil also attributes the need for the increase to increases in the cost of  raw materials. 

Other lubricant price increases recently reported by JobbersWorld include: 
 
ExxonMobil
Announced it will increase the price of its lubricants in the US market by up to 12%. The increase is effective February 24, 2020. 
 
Nu-Tier Brands / Gulf Lubricants 
Announced a general price increase of 10% to 12% effective February 20, 2020 on all finished lubricants. The increase is said to be necessary due to rising costs associated with raw materials and manufacturing. 
 
Petro-Canada 
Announced on January 17th there will be a $0.33 a gallon price increase across the board for all Purity FG WO White Mineral OiI and a $0.30 a gallon increase for its Paraflex HT Process Oils, except HT 100 which will increase by $0.25 a gallon. These increases are effective on February 17, 2020. 
 
Chevron Announces Price Increase 
January 16, 2020
Chevron advised its marketers in the US that the company will increase the price on all lubricating oils and grease in the US by up to 12%. The increase is effective February 24, 2020.
 
Sinclair Announces 
January 16, 2020
Due to increasing costs of raw materials, Sinclair Lubricants announced it will be implementing a price increase of up to 10% to 12% on finished lubricant products effective March 1st, 2020. 
 
AOCUSA/AMALIE Announces Price Increase 
January 14, 2020 
AOCUSA/AMALIE announced an across the board price increase for all oil and automotive chemical products, as well as all private labeled products. The increase will move all of its oil prices up by $0.32 a gallon effective February 13, 2020. The price for the company’s grease products and automotive chemicals will increase by $0.04 a pound on the same day. There will, however, be no increase for antifreeze and brake fluid products. Amalie attributes the need for the increase to the higher cost of additives, base oils, corrugated and transportation it has absorbed over the last few months. 
 
TOTAL Specialties USA Announces Price Increase 
January 3, 2020 
TOTAL advised it US customers that it will be increasing its lubricant prices on February 3, 2020. The increase will move its Navastane prices up in the range of $0.40 a gallon, Quartz 9000, INEO & Racing up $0.25 a gallon, grease up by $0.06 a pound and all other products by $0.15 a gallon. TOTAL says the increases are a result of continued escalation of logistics, taxes on imports, and the costs of some raw materials.

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