SOPUS and Sinclair Announce Lubricant Price Increases
SOPUS Announces Lubricant Price Increase
Marketers got word today that SOPUS (Pennzoil-Quaker State) will implement an increase in its list prices for lubricant by up to 20%. The increase is effective August 1, 2022.
Sinclair Lubricants Announces Price Increase
Sinclair Lubricants advised customers it will be implementing a price increase of up to 12% on finished lubricant products. The adjustment is effective July 6, 2022. The adjustment is said to be heavily influenced by the increased cost of base oils and additives.