Motiva Increases Base Oil Prices, Safety-Kleen and Highline Warren Announce Lubricant Price Increases
Motiva Announces Base Oil Increase
Motiva announced the following posted price increases for base oil, effective March 15, 2022.
- All Group II and II+: up by 50 CPG
- All Group III: up by 60 CPG
Safety-Kleen Announces Increase
Effective April 1, 2022 Safety-Kleen will increase prices up to 20% on all lubricants and related products. The increase is attributed to the continued increase in the cost of raw materials.
Highline Warren Announces Increase
Highline Warren announced it is instituting a second finished lubricant price increase in 2022. The first when into effect on March 7th and increased price by up to 15%. A second adjustment was announced on March 14th and this will increase prices by up to 15% with an effective date of April 1, 2022. The company attributes the need for the adjustment to the spike in crude oil prices driving significant increases in the price of base oils, and another round of additive increases since Highline Warren’s previous price increase that went into effect on March 7th.”