Price Increases: Infineum, and Safety-Kleen
Infineum Announces Additive Price Increase
Blenders got word yesterday that Infineum USA will increase the price of its lubricant additives by up to 12%, effective June 27, 2022. The adjustment is said to be driven by the continuing and significant increases in the costs of raw materials and transportation.
Safey-Kleen Announces Price Increase
Safety-Kleen announced a posted price increase of $0.31 per gallon on its KLEEN+ RHT120 and RHT240 base oils. The increase is effective June 8, 2022.