Add Four More to Round 3 of Price Increases

Chemlube International announced today it will implement a 5 to 9% price increase on its Savannah lubricant products. The increase is effective June 11, 2018. Chemlube attributes the increase to the rising costs of raw materials used to manufacture its products.

Axel Royal announced yesterday it will implement a 5% price increase on most of its products including greases. The increase becomes effective June 24, 2018.

Amalie announced on May 18th that due to the continued increases in raw material costs that it will be implementing a price increase across-the-board of $0.40 per gallon for all oil and automotive chemical products, including its Greased Lightning branded products. Amalie will also increase its grease products by $0.05 per pound for all greases and it will increase its Brake Fluid products by $0.48 per gallon. The increase is effective June 17, 2018.

U.S. Lubricants announced on May 18th that due to the continued increases in raw material costs that it will be implementing a price increase across-the-board of $0.40 per gallon for all oil and automotive chemical products. U.S Lubricants will also increase its grease products by $0.05 per pound for all greases and it will increase its Brake Fluid products by $0.48 per gallon. The increase is effective June 17, 2018.

See the bottom of page for a complete table of all price increases reported by JobbersWorld in Round 3, 2018.


Note: Yesterday, JobbersWorld reported that D-A Lubricants announced on May 15, 2018, it will be implementing a price increase on its lubricants and greases by up to 10%. The increase goes into effect on June 11, 2018. D-A Lubricants attributes the price change to the rising raw material costs associated with manufacturing and distribution of its products. As a point of clarification, it should be noted that this is D-A Lubricants’ second price increase in 2018 and not its third.


Round 3 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 5/8/2018 7/1/2018 10 to 12%
Sunoco 5/16/2018 6/16/2018 4 to 6%
Advanced Lubrication Specialties 5/16/2018 6/16/2018 4 to 6%
CAM2 5/18/2018 6/16/2018 4 to 9%
Smitty’s Supply 5/18/2018 6/16/2018 4 to 9%
Amalie 5/18/2018 6/17/2018 $0.40/gal lubricants
$0.05/lb greases
U.S. Lubricants 5/18/2018 6/17/2018 $0.40/gal lubricants
$0.05/lb greases
Axel Royal 5/21/2018 6/24/2018 5%
U.S. Lubricants 5/18/2018 6/17/2018 5 to 9%

IncreaseTimeline5222018R3

 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 2

Click on the Timeline Below to See All Effective Increase Dates in 2018

TimelineLong5222018

Add Two More to Round 3 and One More to Round 2 of Price Increases; Promotion of Gina Harm to President, Afton Chemical

Add Two More to Round 3 of Price Increases

CAM2 announced on May 18th that due to the continued increases in base oil, additives, and freight that it will be implementing a price increase of 4 to 9% on its bulk and packaged lubricants, greases, and brake fluid. The increase is effective June 16, 2018.

Smitty’s Supply announced on May 18th it will implement a 4 to 9% price increase on all its oils, fluids, greases, and brake fluid products effective June 16, 2018. Smitty’s attributes the increase to the continued increases of base oils, additives, and freight associated with the manufacturing and distribution of its products.

See the bottom of page for a complete table of all price increases reported by JobbersWorld in Round 3, 2018.

Add One More to Round 2 of Price Increases

D-A Lubricants announced on May 15, 2018, it will be implementing a price increase on its lubricants and greases by up to 10%. The increase goes into effect on June 11, 2018. D-A Lubricants attributes the price change to the rising raw material costs associated with manufacturing and distribution of its products.


Promotion of Gina Harm to President, Afton Chemical

NewMarket Corporation announced that Ms. Regina A. Harm has been appointed President of Afton Chemical Corporation.

JWQuote5212018Ms. Harm has over 30 years of experience in the chemical industry including 11 years with Afton Chemical. For the past 3 years, she has held the position of Senior Vice President and Chief Operating Officer of Afton Chemical. In this role, Ms. Harm was responsible for the procurement, engineering, manufacturing and logistics of Afton Chemical’s global product portfolio as well as Research and Development functions. Ms. Harm will replace Mr. Robert A. Shama who has been appointed Vice President of Strategic OEMs (Original Equipment Manufacturers) for Afton Chemical.

Mr. Teddy Gottwald, Chairman and CEO of NewMarket commented, “There is an exciting opportunity ahead as Gina embeds her extensive knowledge of the market, strong leadership skills and results driven mindset to accelerate our growth strategy. We remain focused on our long term objectives and I look forward to our continued success under Gina’s direction.”

NewMarket Corporation, through its subsidiaries Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated additive packages to market-general additives, the NewMarket family of companies provides the world with the technology to make engines run smoother, machines last longer, and fuels burn cleaner.

Round 3 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 5/8/2018 7/1/2018 10 to 12%
Sunoco 5/16/2018 6/16/2018 4 to 6%
Advanced Lubrication Specialties 5/16/2018 6/16/2018 4 to 6%
CAM2 5/18/2018 6/16/2018 4 to 9%
Smitty’s Supply 5/18/2018 6/16/2018 4 to 9%

 

More Third Round Price Increases

More Third Round Price Increases

Sinclair Lubricants was the first to move with a third round of price increases for 2018 when it announced on May 8th it will be implementing a price increase of up to 10% to 12% on finished lubricant products effective July 1, 2018. Click for details.

Now there are two more with a third round of price increases.

Advanced Lubrication Specialties (ALS) announced today it will be implementing a price increase on most finished lubricants between 4 and 6%. The increase goes into effect on June 4, 2018. ALS attributes the price change to the continued increases in the base oil market.

Sunoco Lubricants announced today that effective June 4, 2018 it will be implementing a price increase on most finished lubricants between 4 and 6%. Sunoco also attributes the price change to the continued increases in the base oil market.

Watching the Spread

The price spread between crude oil (WTI) and base oil (100N Group II) averaged $1.30 a gallon from January 1, 2017 to May 15, 2018. What this means is that if crude was trading at $x/gal, on average, base oil would sell for “x” plus $1.30/gal during that period. Generally, for base oil producers, the greater the spread the better the day. This is because when the spread is high, base oil producers enjoy higher margins. When it’s low, not only do they see lower margins, they feel pressure from their upstream refining businesses to increase the price of base oil or run the risk of alternative value economics favoring the use of base oil feed to produce fuels rather than base oils.

Base oil spreads are important to watch. The spreads provide lubricant blenders and marketers with a predictive tool to forecast movements in base oil and finished lubricant prices. In some respects, spreads can be looked at as an early alarm. Because when the spread drops below a certain threshold, we typically see base oil prices increase, which in turn, result in price increases on finished lubricants.

There have been two periods with notable increases in the crude and base oil spread in 2018, as shown below. These were accompanied by a number of base oil price increase announcements and, not surprisingly, they were followed by announced increases in the price of finished lubricants.

CrudePic5162018

Gen III Oil Corp. Announces Initial Analyst Coverage Report by Canaccord Genuity Corp.

Gen III Oil Corporation announced that Canaccord Genuity Corp. “Canaccord” – a Vancouver, Canada headquartered investment dealer, has published an initial equity analyst research report on the Company.

The research report dated May 10, 2018, entitled “Gen III Oil Corporation. – Initiation of Coverage: An industry-disrupting oil change.” was written and produced by Associate Analyst, Kimberly Hedlin, CPA, CMA, as an independent analysis of Gen III’s activities and progress. Click for More

On the Wire and In the News

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Sinclair Announces Price Increase – Attributes to SN PLUS

Sinclair Lubricants Announces Price Increase

There has been a good deal of talk in the industry over the past few weeks about the potential for a third round of lubricant price increases in 2018. The concerns are driven by the recent upward movement in the price of base oils. Sinclair Lubricants responds with the first of a third for 2018.

Sinclair Lubricants will be implementing a price increase of up to 10% to 12% on finished lubricant products effective July 1, 2018. In certain instances, the amount of the price change may fall outside of these parameters. Sinclair Lubricants says this adjustment is due to increasing costs of base oil, freight increases, and certifying all products to API SN PLUS.

As previously reported by JobbersWorld, there have already been two rounds of price increases in 2018. The first began with announcements by majors and independent blenders in January. Most of these increases were in the range of 6 to 10% with effective dates in February and March. A second round of increases started with an announcement on February 12th by Sinclair Lubricants that its lubricant prices would increase by up to 5%. Both the first and second round of increases announced by Sinclair had the same effective date of March 1, 2018.

The U.S. Withdraws from Iran Nuclear Deal – Impact on Base Oil

Price increases are not unusual in the lubricants business. In fact, we typically see two to three a year. In most cases the increases are somewhat predictable since they are often driven by changes in the price of crude oil and its impact on base oil prices. This is logical since crude oil is the feed for base oil and base oil accounts for about 75 to 99% of the volume of material in finished lubricants and roughly 50 to nearly 100% of its cost. The balance of the cost of goods belongs to performance additives, which are also impacted by higher base oil prices.

Understanding the impact base oil costs have on the lubricant prices, it’s import to consider how today’s announcement that the U.S. will withdraw from the 2015 Iran nuclear deal can impact crude, and therefore lubricant prices.

Specific to the U.S. withdrawing from the Iran deal, President Trump said, “We will be instituting the highest level of economic sanction,” and that “Any nation that helps Iran in its quest for nuclear weapons could also be strongly sanctioned by the United States.” Although the action is clear, the reactions are not, and therein lies the uncertainty about how this will effect the price of crude.

Considering that Iran is OPEC’s third-largest oil producer and exports close to 2.5 million barrels of crude a day, one obvious scenario is that the sanctions will result in tightening the supply of crude in a global supply and demand pool that is fairly balanced. Such tightening would push crude prices higher and consequently, drive base oil and lubricant prices up. There is, however, a good deal of uncertainty around this scenario. Most uncertain is how Iran, US allies, other countries and the markets will react to the actions taken today.

Of particular interest are reactions to the statement made by Treasury Secretary Steven Mnuchin following the U.S. withdrawing from the deal, saying “Sanctions will be reimposed subject to certain 90 day and 180 day wind-down periods. At the conclusion of the wind-down periods, the applicable sanctions will come back into full effect.” This statement sends a clear message that there is time for all involved to absorb and assess how the withdraw and sanctions could impact their interests and how they will react to them.

You can be sure all those in the lubricants business will be keeping a close eye on how this one plays out. But in the meantime, you can also be sure the industry is thinking hard about base oil price increases they have already seen this year and how they have effected margins.

BaseOilSpread

Trucking Firms Deploy Ultra Clean Near-Zero RNG Trucks at Ports of Long Beach and Los Angeles

Clean-Truck---updated

(Photo: Business Wire)

Clean zero-emissions trucks are being deployed in CA ports to improve air quality.

Six trucking firms operating in the Ports of Los Angeles and Long Beach are deploying trucks powered by Cummins Westport (CWI) near-zero ISX12N engines, and fueled with Clean Energy Fuels Corp.’s Redeem™ brand renewable natural gas (RNG) in an effort to reduce emissions and improve air quality in the ports and surrounding communities.

The project’s goal is to introduce this ultra clean technology, which is 90 percent to 99 percent cleaner than existing port trucks, to the port drayage industry. This project aims to inspire greater interest in near-zero RNG trucks, particularly with the incentive funding that California is providing to help truckers transition to this clean technology. Near-zero trucks are also one of the strategies for reducing emissions from trucks under the ports’ recent update to their Clean Air Action Plan (CAAP).

“The realization by trucking companies that they need to do something to meet the upcoming and anticipated stricter emissions requirements in California is beginning to settle in,” said Greg Roche, Clean Energy’s vice president of sustainable trucking. “Fortunately, there are many ways to take advantage of grants and other resources to make the transition to the new engine technology and clean RNG virtually painless. We applaud these first-movers in being leaders in doing their part to make the air we all breathe cleaner.”

The California Energy Commission and the South Coast Air Quality Management District provided funding for 20 near-zero Class 8 trucks. The Ports of Los Angeles and Long Beach provided funding for two additional near-zero trucks. The first four near-zero trucks have been successfully operating since mid-2017 and an additional four have been operating since February 2018.

“The California Energy Commission is pleased to have supported the deployment of near-zero emissions trucks powered by Cummins Westport’s advanced engines with our partners, the South Coast Air Quality Management District and Clean Energy,” said Energy Commissioner Janea A. Scott. “Demonstration projects, like those being carried out by the Ports of Los Angeles and Long Beach, help show there are viable cleaner, more sustainable freight technologies available today and highlight the role these technologies can play as the State transitions to zero and near zero emission technologies to help achieve federal air quality standards and the state’s greenhouse gas goals.”

Project participants include Total Transportation Services, Inc. (TTSI), 4Gen Logistics, Orange Avenue Express, CR&R, and Pacific 9 Transportation.

The ultra clean CWI engines achieve the lowest emissions of any heavy-duty engine used in any truck in North America, yet deliver diesel caliber performance with reliability and durability.

The U.S. Environmental Protection Agency (USEPA) and California Air Resources Board (CARB) certified these engines in December 2017 at CARB’s optional low-NOx standard of 0.02 g-NOx/bhp-hr, 90 percent lower NOx emissions than the current EPA NOx standard. In fact, the new engines were tested as low as 0.01 g-NOx/bhp-hr, achieving virtually zero tailpipe emissions. Factory production of ISX12N engines began in February and they are soon expected to be powering many more trucks on California roads.

“TTSI has now been testing the new CWI natural gas engines since last year and have found that they work terrifically,” said Vic LaRosa, President of TTSI. “We have run the trucks hard – in and out of the ports for long hours in all kinds of conditions – and have had no issues. TTSI is committed to going above and beyond what we can towards a more sustainable future and transitioning to renewable natural gas has made it easy.”

All these trucks will be fueling at Clean Energy’s network of California stations with Redeem fuel, which reduces greenhouse gas (GHG) emissions by 70 percent versus diesel. RNG is the cleanest fuel for trucking today, with some GHG sources even reducing GHG by over 100 percent.

Pacific 9 Transportation will soon deploy 20 other RNG-powered trucks in addition to their grant-funded ultra low-NOx trucks.

The Ports of Los Angeles and Long Beach enacted the latest version of their CAAP in November 2017, which adopts far reaching strategies to further reduce air emissions and support California’s vision for more sustainable freight movement. Part of the CAAP could dramatically change the makeup of the 16,000 heavy-duty trucks that move in and out of the ports. The CAAP envisions transitioning the current fleet of port trucks to clean trucks through a new set of provisions that will begin to be implemented this year.

About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas fuel and renewable natural gas (RNG) fuel for transportation in North America. We build and operate compressed natural gas (CNG) and liquefied natural gas stations (LNG) and deliver more CNG, LNG and RNG vehicle fuel than any other company in the U.S. Clean Energy sells Redeem RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by up to 70%. For more information, visit www.CleanEnergyFuels.com.

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RelaDyne Enters Florida through the Acquisition of Three Major Lubricant Distributors

ReladyneAcquisitionRelaDyne further expands its Southeast geography with acquisitions of three leading Florida distributors – Jack Becker Distributors, Inc., Flamingo Oil, and Seaboard Neumann. These are the first acquisitions in Florida for RelaDyne.

RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has closed on the acquisitions of Jack Becker Distributors, Inc., Seaboard Neumann, and Flamingo Oil, three of Florida’s top distributors offering lubricants, fleet services, equipment, and diesel exhaust fluids. This transaction is a strategic move to expand RelaDyne’s geographical footprint and resources into the growing state of Florida.

about-jack-beckerFounded in 1956, Jack Becker Distributors, Inc. entered the market and has expanded to offer a wide range of branded lubricants to Florida and Southern Georgia. Flamingo Oil started serving the automotive market of Miami, Florida, in 1930, and has since grown to offer a full line of bulk and packaged engine oils as well as a full range of shop equipment solutions and services across the state of Florida. Seaboard Neumann was established in 1997 in Central Florida and has made a few of its own acquisitions, extending its footprint from Central Florida to Tampa.

About-seaboard“This partnership with RelaDyne is a natural next step for Jack Becker and Seaboard,” said David Rowland, President of Seaboard Neumann and Jack Becker Distributors. “Our employees are eager for the new capabilities and services that RelaDyne brings along with the opportunity for advancement that wasn’t there before. As Jack Becker used to say, ‘the only constant is change’ – so this change means enhanced offerings for our customers and more opportunities for our valued associates. That’s a win-win!”

“Our family and employees are excited about the future as we work with RelaDyne to further grow our business and service to our customers,” said Dale Moseley, Jr., Vice President of Flamingo Oil. “Customers have already started welcoming the enhanced branding, technology, and services that RelaDyne immediately brings to the market.”

“We are very excited to welcome the associates and customers from Jack Becker, Seaboard, and Flamingo to the RelaDyne team,” stated Larry Stoddard, RelaDyne President and CEO. “We will bring the full capabilities of RelaDyne to expand not only the opportunities for our new associates, but a greater breadth of products and services to our new customers. We are also very excited to be entering into the Florida market.”

flamingo-oilRelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “The acquisition of Jack Becker, Flamingo Oil, and Seaboard Neumann signifies the capabilities of RelaDyne with the complexities involved in the simultaneous closing of three acquisitions,” said RelaDyne CSO Jeff Hart, who leads RelaDyne’s M&A activities. “We are continually looking to acquire leading businesses with great people and great customers. Our M&A team at RelaDyne is focused on adding new geography, new capabilities, and more density within our current footprint as we continue to create a national distribution platform.”

About Jack Becker Distributors, Inc.
Jack Becker Distributors, Inc. is a leading, multi-branded lubricant distributor serving customers across Florida and Southern Georgia with an emphasis on diesel exhaust fluid, automotive products, and finished lubricants. Those interested in more information can contact the Jacksonville office to learn more about the lubrication products, services and equipment offered.

About Flamingo Oil
Flamingo Oil began serving the automotive market in 1930 and has since grown to offer a full line of bulk and packaged engine oils, as well as a full range of shop equipment solutions and services. Those interested in more information can contact the Miami office to learn more about the lubrication products, services and equipment offered.

About Seaboard Neumann
Seaboard Neumann was founded to serve the Ford Motor Company as a Motorcraft distributor. Since its beginning, Seaboard Neumann has grown across the state of Florida with a comprehensive product portfolio that includes diesel exhaust fluid, automotive chemicals, and finished lubricants. Those interested in more information can contact the Lakeland office to learn more about the lubrication products, services and equipment offered.

About RelaDyne
RelaDyne, headquartered in Cincinnati, Ohio, is one of the nation’s leading providers of lubricants, fuels, diesel exhaust fluid (DEF), and reliability services for industrial, commercial, and automotive businesses in the United States. RelaDyne was formed in 2010 by the combination of four well-established industry-leading companies and has since grown to more than 60 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution, and industrial service segments. For more information, visit www.RelaDyne.com.

 

Blasts Rocks Husky Refinery in Superior Wisconsin

Blasts Rocks Husky Refinery in Superior Wisconsin

A fire and explosions rocked the Husky Energy oil refinery in Superior Wisconsin yesterday (April 26th). According to witnesses, the fire sent plumes of black smoke across the city and there was a mass evacuation. The product involved in the explosion and fire is believed to be crude oil or asphalt.

According to the latest update, local authorities declared the fire at the Husky Energy Superior Refinery out around 6:45 p.m. (CT) on April 26, 2018. Additional fire prevention measures are being taken, and the situation will continue to be closely monitored. All workers at the refinery have been accounted for. There were, however, several people injured during the incident and taken to hospital.

The Husky refinery produces gasoline, asphalt and other specialty petroleum products. Husky Energy acquire the refinery from Calumet for $492 million in November 2017. According to its most recent earnings release, Husky Energy said the Superior refinery had averaged 37,000 barrels per day of production in the first three months of this year.

NOVVI LLC Gains Denison HFO Approval; First Of Its Kind

novaspecNovvi LLC announced that it has secured Denison HF-0, HF-1, and HF-2 approval on hydraulic oil using Novvi’s NovaSpec EL34 base oil.

“From the very beginning of the molecular design of NovaSpec base oil and the formulation of our hydraulic fluid, the Denison HF-0 was a key target. ” noted Dr. Paula Vettel, Director of Formulations at Novvi. “Our customers wanted a product that met the most challenging industry standards, delivering both performance and environmental standards of renewability, biodegradability, and toxicity” continued Vettel.

The securing of a Denison HF-0 approval, together with NovaSpec EL34’s position on the EU ECOLABEL Lubricants Substances Classification (LuSC) list, is a first of its kind. Novvi’s NovaSpec EL34 customers can use the base oil to meet Denison HF-0, as well as meet ECOLABEL requirements along with other environmental specifications such as VGP.

“We are proud of the collaborative effort between ourselves and our additive partners” continued Vettel. ‘We brought our NovaSpec base oils and our understanding of how to formulate with it, and delivered what our customers view as an important approval to gaining business around the world. ‘

Typically, the base oils used to meet EU ECOLABEL are based on various types of natural and synthetic esters. But those esters are prone to breakdown in the demanding conditions that Denison requires to pass its T6H20C pump and bench tests for HF-0 certification.

Novvi has made its base oil available to its customers as well as rebrand opportunities for its proprietary formulations. Customers have already begun to secure rebrand approvals from Denison. Novvi has finally delivered a product that meets the performance expectations of hydraulic users around the world along with the environmental benefits to protect it.

Novvi LLC is the market leader in renewable oils and is a venture of Amyris, Inc., American Refining Group, Inc., Chevron USA, Cosan S.A. Industria e Comercio, Hansen & Rosenthal Group, and. Novvi produces targeted hydrocarbon molecules from plant sugar for automotive, industrial, marine, and construction applications at unbeatable economics. Novvi designs the best oils ever built to meet the demands of the advanced machine world. Learn more at www.novvi.com.

Quest Resource Holding Corporation Brings Its Used Motor Oil Recycling Program to Shell Lubricant Customers

ClientLogoQuest Resource Holding Corporation, a national provider of corporate sustainability services, is introducing a used motor oil recycling program at locations across the United States for customers using the Shell portfolio of motor oil products.

“Quest is delighted to help customers using Shell motor oil products to recycle their waste lubricants,” said Ray Hatch, Chief Executive Officer of Quest. “Quest is committed to providing the highest level of service and an environmentally sound oil recycling program.”

Quest is working with customers to provide a ready-made solution to see that the Shell portfolio of motor oil products used by customers are safely collected and recycled.

Quest’s waste reduction and disposal solutions cover more than 100 waste streams across North America. Quest’s national footprint allows it to provide disposal and recycling solutions for companies across the United States in a variety of industries, including fleet and automotive after service. Last year alone, Quest ensured that more than 40 million gallons of used motor oil and approximately 19 million used tires were properly recycled.

About Quest Resource Holding Corporation
Quest is a national provider of reuse, recycling, and disposal services that enable our customers to achieve and satisfy their environmental and sustainability goals and responsibilities. Quest provides businesses across multiple industry sectors with single source solutions for the reuse, recycling, and disposal of a wide variety of waste streams and recyclables generated by their operations. Quest’s customers typically are multi-location businesses for which we create, implement, and manage customer-specific programs for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. Quest also provides information and data that tracks and reports the environmental results of Quest’s services, provides actionable data to improve business operations, and enables Quest’s customers to achieve and satisfy their environmental and sustainability goals and responsibilities. For more information, visit www.QRHC.com.

On the Wire and in the News

ABS-led research identifies key recommendations for evaluating Environmentally Acceptable Lubricants (EALs)

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Add Valvoline to the List

Valvoline announced a price increase of up to 10% on its branded lubricants effective May 1, 2018. Valvoline attributes the increase to the rising raw material costs associated with manufacturing and distribution.

The following is a complete list of lubricant price increases JobbersWorld reported on in Round 2 of 2018.

Round 2 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 2/12/2018 3/1/2018 up to 5%
CAM2 3/1/2018 3/24/2018 4 to 10%
Smitty’s Supply 3/1/2018 3/24/2018 4 to 10%
Pinnacle Oil 3/2/2018 3/19/2018 5 to 10%
Allegheny Petroleum 3/5/2018 3/24/2018 4 to 8%
Advanced Lubrication Specialities (ALS) 3/29/2018 6 to 9%
Sunoco 3/29/2018 6 to 9%
Chemlube 3/7/2018 3/26/2018 5 to 8%
Reliance Fluid Technologies (RFT) 3/7/2018 4/9/2018 4 to 9%
Sunbelt Lubricants 3/8/2018 3/21/2018 6 to 8%
PennStar 3/9/2018 3/19/2018 6 to 10%
Martin Lubricants 3/12/2018 4/16/2018 4 to 10%
Warren Distribution 3/12/2018 4/9/2018 5 to 8%
Maverick Performance Products 3/7/2018 3/26/2018 5 to 8%
Royal Mfg 3/13/2018 4/2/2018 3 to 8%
Omni Specialty Packaging 4/23/2018 5 to 8%
ExxonMobil 3/22/2018 4/23/2018 up to 10%
Warren Oil 3/23/2018 4/23/2018 3 to 8%
Chevron 3/28/2018 5/7/2018 up to 10%
Nu-Tier 3/28/2018 4/16/2018 6 to 8%
Total 3/29/2018 4/30/2018 3 to 5%
Shell 4/4/2018 5/7/2018 up to 10%
Phillips 66 4/5/2018 5/14/2018 up to 10%
 Safety-Kleen  4/5/2018  5/7/2018 up to 10%
Valvoline 4/10/2018 5/1/2018 up to 10%
Castrol (excluding industrial) 4/12/2018 5/14/2018 up to 10%
Houghton 5/7/2018 up to 10%

On the Wire and in the News

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Tainted Police Car Fuel Tracked to Suppliers and Their Distributor

CIOMA Issues Statement on Failure of the Ban on Internal Combustion Engines

RelaDyne Acquires A&W Oil & Tire Company of Augusta, Georgia

A&WlogoRelaDynelogoRelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has acquired A&W Oil & Tire Company, Inc. (A&W Oil), a fuel and lubricant distributor. This acquisition extends RelaDyne’s geographical footprint in the southeast region of the United States.

A&W Oil, headquartered in Augusta, Georgia, with a second facility in Waynesboro, serves eastern Georgia and western South Carolina with quality fuels and lubricants. As part of RelaDyne, A&W Oil will handle this geography with expanded products and capabilities. The introduction of RelaDyne Reliability Services to A&W’s marketplace and OEMs will add substantial value to the current and prospective A&W Oil customer base.

“We are thrilled to be joining the RelaDyne team,” said John Sylvester, Jr., President of A&W Oil Company. “Our partnership with RelaDyne will be a great expansion of resources, products and services for our loyal customers. All of our employees are now part of the RelaDyne family of companies, providing the same exceptional service to our great customers.”

“We are very excited to welcome both the associates and customers of A&W Oil to the RelaDyne family,” stated Larry Stoddard, RelaDyne President and CEO. “Our acquisition strategy has remained consistent – expand RelaDyne geographically through high quality companies with great people and integrate our robust products and services to create long term value to our associates, customers, and investors. The acquisition of A&W Oil continues this strategy.”

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “The acquisition of A&W Oil Company is the third acquisition for RelaDyne in 2018 and our first in Georgia,” said RelaDyne CSO, Jeff Hart. “RelaDyne continues to make significant investments to acquire, integrate and grow these companies once they join RelaDyne. Our acquisition pace continues to increase as we create a national distribution platform.”

About A & W Oil Company
A&W Oil Company is a fuel and lubricant distributor as well as a common carrier serving customers across Georgia and South Carolina. Those interested in more information can contact the Augusta, Georgia, office to learn more about the lubrication products, services and equipment offered.

About RelaDyne
RelaDyne, headquartered in Cincinnati, Ohio, is one of the nation’s leading providers of lubricants, fuels, diesel exhaust fluid (DEF), and reliability services for industrial, commercial, and automotive businesses in the United States. RelaDyne was formed in 2010 by the combination of four well-established industry-leading companies and has since grown to more than 60 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution, and industrial service segments. For more information, visit www.RelaDyne.com.

Other RelaDyne Acquisitions in 2018:

RelaDyne Acquires T.A. Roberts Oil Company of Columbia, Louisiana

RelaDyne Acquires Conservancy Oil Group of New Mexico and Colorado

Round 2 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 2/12/2018 3/1/2018 up to 5%
CAM2 3/1/2018 3/24/2018 4 to 10%
Smitty’s Supply 3/1/2018 3/24/2018 4 to 10%
Pinnacle Oil 3/2/2018 3/19/2018 5 to 10%
Allegheny Petroleum 3/5/2018 3/24/2018 4 to 8%
Advanced Lubrication Specialities (ALS) 3/29/2018 6 to 9%
Sunoco 3/29/2018 6 to 9%
Chemlube 3/7/2018 3/26/2018 5 to 8%
Reliance Fluid Technologies (RFT) 3/7/2018 4/9/2018 4 to 9%
Sunbelt Lubricants 3/8/2018 3/21/2018 6 to 8%
PennStar 3/9/2018 3/19/2018 6 to 10%
Martin Lubricants 3/12/2018 4/16/2018 4 to 10%
Warren Distribution 3/12/2018 4/9/2018 5 to 8%
Maverick Performance Products 3/7/2018 3/26/2018 5 to 8%
Royal Mfg 3/13/2018 4/2/2018 3 to 8%
Omni Specialty Packaging 4/23/2018 5 to 8%
ExxonMobil 3/22/2018 4/23/2018 up to 10%
Warren Oil 3/23/2018 4/23/2018 3 to 8%
Chevron 3/28/2018 5/7/2018 up to 10%
Nu-Tier 3/28/2018 4/16/2018 6 to 8%
Total 3/29/2018 4/30/2018 3 to 5%
Shell 4/4/2018 5/7/2018 up to 10%
Phillips 66 4/5/2018 5/14/2018 up to 10%
 Safety-Kleen  4/5/2018  5/7/2018 up to 10%
Castrol (excluding industrial) 4/12/2018 5/14/2018 up to 10%

Increase4112018R2
 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

Click on the Timeline Below to See All Effective Increase Dates in 2018

Increase4112018Big

Add Castrol to the List

Add Castrol to the List in Round 2

BP Lubricants USA Inc. (Castrol) announced a price increase of up to 10% on its Castrol and BP branded passenger car, commercial and synthetic lubricants effective May 14, 2018. Castrol attributes the increase to the rising costs of base oils, additives, packaging and transportation.

See the bottom of page for a complete table of all price increases reported by JobbersWorld in Round 2, 2018.

Shell Publishes New Report On Strategy For Energy Transition

ElectricCarRoyal Dutch Shell plc (Shell) today published a report outlining how its strategy should enable it to thrive as the world transitions to lower-carbon energy. The Shell Energy Transition Report describes its understanding of the transition and what it means for the company. It also explains how Shell has designed its strategy not only to be a world-class investment case, and to sustain its societal license to operate, but also to manage climate change-related risks and maximize opportunities through the transition.

What may be of particular interest to lubricant marketers are Shell’s views about the penetration of electric vehicles in the global market. The Electric Vehicles and Impact on Liquid Fuels section of the Shell Energy Transition Report states “Shell’s Mountains, Oceans and Sky scenarios show a rise in demand for electric vehicles (EVs) in the next few decades.” The trend is fastest in Shell’s “Sky” Scenario (the most rapid transition to lower-carbon energy) where the report states “… more than half of global new passenger car sales are electric by 2030. By 2050, consumers in this scenario will not be able to buy an internal combustion engine (ICE) anywhere in the world.”

On the Wire and in the News

API Warns Against Approval of Year Round E-15 Sales, Asserting the Need to Protect American Consumers

Round 2 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 2/12/2018 3/1/2018 up to 5%
CAM2 3/1/2018 3/24/2018 4 to 10%
Smitty’s Supply 3/1/2018 3/24/2018 4 to 10%
Pinnacle Oil 3/2/2018 3/19/2018 5 to 10%
Allegheny Petroleum 3/5/2018 3/24/2018 4 to 8%
Advanced Lubrication Specialities (ALS) 3/29/2018 6 to 9%
Sunoco 3/29/2018 6 to 9%
Chemlube 3/7/2018 3/26/2018 5 to 8%
Reliance Fluid Technologies (RFT) 3/7/2018 4/9/2018 4 to 9%
Sunbelt Lubricants 3/8/2018 3/21/2018 6 to 8%
PennStar 3/9/2018 3/19/2018 6 to 10%
Martin Lubricants 3/12/2018 4/16/2018 4 to 10%
Warren Distribution 3/12/2018 4/9/2018 5 to 8%
Maverick Performance Products 3/7/2018 3/26/2018 5 to 8%
Royal Mfg 3/13/2018 4/2/2018 3 to 8%
Omni Specialty Packaging 4/23/2018 5 to 8%
ExxonMobil 3/22/2018 4/23/2018 up to 10%
Warren Oil 3/23/2018 4/23/2018 3 to 8%
Chevron 3/28/2018 5/7/2018 up to 10%
Nu-Tier 3/28/2018 4/16/2018 6 to 8%
Total 3/29/2018 4/30/2018 3 to 5%
Shell 4/4/2018 5/7/2018 up to 10%
Phillips 66 4/5/2018 5/14/2018 up to 10%
 Safety-Kleen  4/5/2018  5/7/2018 up to 10%
Castrol (excluding industrial) 4/12/2018 5/14/2018 up to 10%

Increase4112018R2
 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

Click on the Timeline Below to See All Effective Increase Dates in 2018

Increase4112018Big

JobbersWorld Announces Lubricant Pricing Reports

JWMiniBooks-3A must have report for manufacturers, marketers, buyers and others looking to understand price drivers and communicate the reasons for price increases to customers.

THE REPORTS provide insights and information on finished lubricant prices and an in-depth analysis of the cost drivers responsible for the changes in lubricant costs and prices in the US market.

The Finished Lubricant Pricing Reports provide lubricant manufacturers and marketers with an independent source of information and insights on price changes at the manufacturer and retail levels and the key drivers behind the changes. In addition to the influence of crude and base oil, the reports analyze the impact of changes in the cost of lubricant additives, transportation, packaging, labor, and others.

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Warren Distribution Opens New Location

Warren Distribution Opens New Lubricants Blending Plant In Houston, Texas

lo res - Front of New Warren Distribution Plant, Houston, TexasWarren Distribution announced today that it has completed and commissioned its fourth lubricants blending plant. This new plant in Houston, Texas, located at 910 Rankin Road just minutes west of George Bush International Airport, will supply Automotive, Commercial and Industrial lubricants throughout the Gulf Coast Region that will be shipped in bulk transports and packaged in totes, drums, and pails. It has initial annual blending capacity of 8 million gallons and is scalable to 20 million gallons with additional infrastructure investment. This addition increases the Company’s blending capacity to over 100 million gallons per year from plants in Iowa, West Virginia, Alabama and, now, Texas.

lo res - Side View of New Warren Distribution Blend Plant, Houston, Texas“We are very proud of the team that engineered and built this plant to include some of the latest innovations and technology that will make this most efficient plant in the Industry. And the quality of our products will be second to none,” said Donna Weeda, chief operating officer for operations. “We selected Texas for this plant because there is substantial growth in demand for lubricants due to exploding business and population growth in the Lone Star State. And Houston is the perfect hub for servicing the entire Texas market and surrounding States,” said Curt Knapp, chief operating officer for sales & supply. “Customer response has already exceeded our expectations. With this new plant, we will expand sales of our industry-leading quality products and superior service to existing customers with operations in the region and new local customers that we haven’t been able to serve in the past.”

About Warren Distribution
Warren Distribution is a family-owned business that was founded over 97 years ago in 1922 by the grandfather of Robert Schlott, the current Chairman and CEO. Now, it’s the largest private label blender and one of the largest independent motor oil, lubricants and automotive chemicals manufacturers and suppliers in North America. The Company is the private label supplier for some of the largest retailers, marketers and lubricants distributors in North America and has customers in more than 30 countries. It has the capacity to produce 100 million gallons of bulk and packaged lubricants from more than 1,100,000 square feet manufacturing and distribution facilities in Iowa, West Virginia, Alabama and Texas. The headquarters office is in Omaha, NE.

Atlas Oil and TOTAL Announce New Lubricants Partnership

Atlas Oil Company is now a TOTAL Specialties USA, Inc. authorized lubricants distributor, cementing Atlas’ vision of a single-source service model of premium lubricants and bulk fuel supply for its customers.

“We know our customers expect only the best products and services, which is why we now proudly offer TOTAL lubricants as part of our oil field services,” said Atlas’ President of Frac and Rig Fueling Michael Meredith. “As the partner of choice for many of the major E&P companies in the country’s largest shale plays, our partnership with TOTAL is a big win for everyone.”

TOTAL’S and Atlas’ successes are driven by many of the same values, including safety, collective responsibility, perpetual innovation and a family-like team spirit. TOTAL is the fourth largest oil & gas company in the world and is recognized internationally as a global energy leader. Their high-performance lubricants are designed to extend the life of equipment and ease the cost of maintenance and repairs.

Atlas’ lubricants distribution will fall under their oilfield services division in select markets with a focus on onshore drilling rigs, frac trucks, and gas compression units with supply capabilities to match customers’ consistent oil, grease, and hydraulic fluid needs. The company plans to expand their lubricants services nationwide and into their commercial fueling, retail, and emergency service divisions throughout 2018.

“We are extremely excited to partner with such an innovative company like Atlas,” commented Christophe Doussoux, Senior Vice President, Lubricants for TOTAL Specialties USA, Inc. “TOTAL has the industry-leading product line and Atlas brings years of excellence in customer service. I am confident this partnership will lead to immense growth for both parties.”

About Atlas Oil Company
Headquartered in Taylor, Mich., Atlas Oil is the inaugural Simon Group Holdings company. Since our founding in 1985, Atlas has grown through technological and operational innovation, all while maintaining our unwavering commitment to customer success. Atlas offers single-source solutions for fuel, transportation, and logistics and is one of the largest fuel distributors in the country, delivering over 1 billion gallons of fuel annually to customers in 47 states. We have an active real estate division and are engaged in transportation logistics and fueling including bulk, fleet, event, onsite, emergency response, and oilfield services.

About TOTAL Specialties USA, Inc.
Headquartered in Houston, Texas, TOTAL Specialties USA, Inc. is a part of the Americas Division for the Marketing & Services Branch of the TOTAL Group. TOTAL Specialties USA, Inc. offers a wide range of lubricant products including TOTAL Quartz synthetic performance engine oils. Our products are sold through a comprehensive network of distributors, direct channels and an online presence. In addition to a growing distribution network and evolving production capabilities, we’re committed to heightening our brand awareness through partnerships in motorsports. For more information on TOTAL Specialties USA, Inc. visit www.TotalSpecialties.com

Source: PR Newswire

Calumet Specialty Products Partners, L.P. Announces the Acquisition of Biosynthetic Technologies, LLC, Enhancing the Technological Capabilities of the Specialty Products Business

Calumet Specialty Products Partners, L.P. (the “Company”, “Partnership” or “Calumet”), a leading independent producer of specialty hydrocarbon and fuels products, today announced that the Partnership completed the acquisition of Biosynthetic Technologies, LLC (“Biosynthetic Technologies”). Biosynthetic Technologies is a startup company and developer of proprietary renewable technology focused on the conversion of sustainable plant oils into high-performance synthetic base stocks. These unique estolides exhibit exceptional qualities for high performance lubricants, while also meeting stringent environmental specifications for biodegradability, bioaccumulation and toxicity. Calumet plans to develop and commercialize these renewable esters at its existing esters manufacturing facility in Missouri. The acquisition of Biosynthetic Technologies was completed in partnership with The Heritage Group, a technology partner whose business model offers synergies with Calumet that will maximize the value of the acquired technology portfolio.

CalumetQuote4112018“The acquisition of Biosynthetic Technologies and its technological capabilities align very well with the Partnership’s specialty products-focused growth strategy, and our vision to be the premiere specialty petroleum products company in the world,” said Tim Go, Chief Executive Officer of Calumet. “This acquisition, alongside the recently announced opening of our new Research and Development facility in Indianapolis, are indicative of Calumet’s commitment to innovation. The technology and expertise we have acquired will help extend our existing esters business into new, forward-thinking product formulations with exceptional qualities for which the Calumet name represents.”

About Calumet Specialty Products Partners, L.P.
Calumet Specialty Products Partners, L.P. is a master limited partnership and a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial and automotive products; produces fuel products including gasoline, diesel and jet fuel. Calumet is based in Indianapolis, Indiana, and operates eleven manufacturing facilities located in northwest Louisiana, northern Montana, western Pennsylvania, Texas, New Jersey and eastern Missouri.

About Biosynthetic Technologies
Headquartered in Irvine, CA, Biosynthetic Technologies holds exclusive rights to patented technology that converts fatty acids found in plant and animal oils into high-performance synthetic oils that can be used in industrial lubricant, personal care and other chemical sectors. These “biosynthetic” base oils exhibit many superior characteristics compared to petroleum-based lubricant oils. Biosynthetic Technologies was a privately held company funded in part by multiple FT Global 500 companies. First-mover advantage and patented technology make Biosynthetic Technologies a market leader in the sustainable chemicals sector. For more information, visit www.biosynthetic.com.

Source: PR Newswire

Round 2 Lubricant Price Increase Summary

 

Company Announced Date Effective Date Increase
Sinclair Lubricants 2/12/2018 3/1/2018 up to 5%
CAM2 3/1/2018 3/24/2018 4 to 10%
Smitty’s Supply 3/1/2018 3/24/2018 4 to 10%
Pinnacle Oil 3/2/2018 3/19/2018 5 to 10%
Allegheny Petroleum 3/5/2018 3/24/2018 4 to 8%
Advanced Lubrication Specialities (ALS) 3/29/2018 6 to 9%
Sunoco 3/29/2018 6 to 9%
Chemlube 3/7/2018 3/26/2018 5 to 8%
Reliance Fluid Technologies (RFT) 3/7/2018 4/9/2018 4 to 9%
Sunbelt Lubricants 3/8/2018 3/21/2018 6 to 8%
PennStar 3/9/2018 3/19/2018 6 to 10%
Martin Lubricants 3/12/2018 4/16/2018 4 to 10%
Warren Distribution 3/12/2018 4/9/2018 5 to 8%
Maverick Performance Products 3/7/2018 3/26/2018 5 to 8%
Royal Mfg 3/13/2018 4/2/2018 3 to 8%
Omni Specialty Packaging 4/23/2018 5 to 8%
ExxonMobil 3/22/2018 4/23/2018 up to 10%
Warren Oil 3/23/2018 4/23/2018 3 to 8%
Chevron 3/28/2018 5/7/2018 up to 10%
Nu-Tier 3/28/2018 4/16/2018 6 to 8%
Total 3/29/2018 4/30/2018 3 to 5%
Shell 4/4/2018 5/7/2018 up to 10%
Phillips 66 4/5/2018 5/14/2018 up to 10%
 Safety-Kleen  4/5/2018  5/7/2018 up to 10%

Increase4112018R2
 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

Click on the Timeline Below to See All Effective Increase Dates in 2018

Increase4112018Big

JobbersWorld Announces Lubricant Pricing Reports

JWMiniBooks-3A must have report for manufacturers, marketers, buyers and others looking to understand price drivers and communicate the reasons for price increases to customers.

THE REPORTS provide insights and information on finished lubricant prices and an in-depth analysis of the cost drivers responsible for the changes in lubricant costs and prices in the US market.

The Finished Lubricant Pricing Reports provide lubricant manufacturers and marketers with an independent source of information and insights on price changes at the manufacturer and retail levels and the key drivers behind the changes. In addition to the influence of crude and base oil, the reports analyze the impact of changes in the cost of lubricant additives, transportation, packaging, labor, and others.

clickmorejw

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