Afton Chemicals to Increase Additive Prices

Afton Chemical advised customers that it will be increasing its additive prices by up to 9%, effective November 15, 2021. According to blenders, Afton says the adjustment is necessary to offset the continuing rise in the cost of raw materials, packaging, and distribution. 

JobbersWorld note: For those who may have missed the October 19th edition of JobbersWorld, we noted at that time that Infineum advised customers it will be implementing a general lubricant additive price increase of up to 8%, effective November 1, 2021.