Lubrizol Announces Changes to Senior Leadership

Tom Curtis will be appointed corporate senior vice president and president of Lubrizol Additives, replacing Dan Sheets, who has announced his intent to retire at the end of 2017

TomCurtis

Tom Curtis, Senior Vice President and President of Lubrizol Additives

Tom Curtis, currently vice president of Engine Oils will be appointed corporate senior vice president and president of Lubrizol Additives, replacing Dan Sheets, who has announced his intent to retire at the end of 2017, completing his 33-year career with the company. Curtis joined Lubrizol in 1990 and has served in a variety of technology and commercial positions, including a five-year assignment in Hazelwood, United Kingdom. He holds a bachelor’s degree in chemistry from John Carroll University.

“I thank Dan for his leadership, dedication and many contributions to Lubrizol,” states Eric R. Schnur, chairman, president and chief executive officer. “With a company career spanning more than three decades, and having served as leader of our Lubrizol Additives segment since 2008, Dan has been a primary driver of the strong Lubrizol Additives performance over the past approximately 20 years. I am confident Tom has the experience and proven track record of accomplishments that make him uniquely qualified to successfully lead our Additives segment and further meet the needs of our customers.”

Other Changes to Lubrizol’s senior leadership team include:


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Bob Graf, Corporate Vice President of Data Science and Analytics

Bob Graf, currently corporate vice president of research and development, is named corporate vice president of data science and analytics, a new position for Lubrizol. Graf joined Lubrizol in 1985 and has held a variety of technical management roles throughout Lubrizol. He joined Lubrizol’s senior leadership team in 2008. Graf earned his Doctorate and Master of Science degrees in macromolecular science and engineering from Case Western Reserve University in 1985 and 1983 respectively, and his Bachelor of Science in polymer science from the Pennsylvania State University in 1980.


JulieEdgar

Julie Edgar, Corporate Vice President, Research and Development and Chief Sustainability officer

With Graf’s new role, Julie Edgar joins Lubrizol’s senior leadership team as corporate vice president, research and development and chief sustainability officer. Edgar joined Lubrizol in 1995 as a research chemist at the company’s regional development and marketing facility in Hazelwood, United Kingdom. She has held a number of technology management positions within the company, including leadership positions in the United States and Asia. She holds a Bachelor of Science degree in chemistry and a Doctorate in chemistry, both from the University of Surrey.


TeshamGor

Tesham (Tesh) Gor Corporate Vice President Corporate Strategy and Consumer Insights

Tesham (Tesh) Gor joins Lubrizol’s senior leadership team as corporate vice president, corporate strategy and consumer insights. Gor joined Noveon, Inc. in 2002, which was subsequently acquired by Lubrizol in 2004. He has held a variety of strategic, commercial and business management positions including a two-year assignment in Hong Kong. He has also served as vice president and general manager, Performance Coatings and most recently as vice president, Industrial Specialties. He earned undergraduate and graduate degrees in industrial engineering from the University of Louisville and an executive MBA from Case Western Reserve University.

These changes are effective June 1, 2017.

“With this leadership team and all of the talented people we have around the world, Lubrizol is even better positioned to deliver valuable solutions to assist our customers in meeting the needs of their end users,” comments Schnur.  “Additionally, by bringing together the many ongoing sustainability efforts across the company under the newly created position of chief sustainability officer, we will enhance our positive contributions to the lives of those who use the company’s products and/or live in the communities in which Lubrizol operates.”

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers’ products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers’ success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,300 employees worldwide. Revenues for 2016 were $6.5 billion. For more information, visit Lubrizol.com.

Class Action Complaint Filed Against BP Lubricants and CarSense Alleging Violation of Magnuson-Moss Warranty Act

LadyJusticeA class action complaint has been filed in Pennsylvania against BP Lubricants USA and CarSense*, alleging that the defendants sell a written warranty that violates the Magnuson-Moss Warranty Act because the warranty contains an illegal tying provision.

For those unfamiliar with the MMWA, it is an act passed by Congress in 1975 that governs consumer product warranties. Among a number of requirements that warrantors must meet, the Act has a provision that prohibits “tie-in sales” that require a consumer to buy an item or service from a specified company to be eligible for, and maintain warranty coverage.

The class action complaint states that “The intent of the MMWA is to preclude, for example, an arrangement that conditions automobile warranty coverage on the use of branded motor oil, unless the motor oil is provided without charge under terms of the warranty or unless no other motor oil will function properly and provide equivalent performance.”

Further, the complaint states that “Under the MMWA, Defendants have created an illegal tying arrangement by requiring Plaintiffs to change motor oil in their vehicle every 4,000 miles or 4 months with only Castrol products. Plaintiffs are paying more for Castrol products than what they would pay for substantially similar or possibly superior motor oils.”

ClassAction.org posted a copy of the complaint online.
CLICK HERE to Read Complaint

You Can Be Sure JobbersWorld will keep a close eye on this case as it could be a precedent setter with important implications for lubricant manufacturers, marketers, and other industry stakeholders.

* Penske Automotive Completed the Acquisition of CarSense as of January 11, 2017

Parman Energy Welcomes New Senior Vice President-Sales

Parman Energy announces a new addition to their esteemed leadership staff – Mark Spaniol

Mark will be joining as the Senior Vice President-Sales and comes with a strong background in sales leadership. Mark’s many years of sales leadership include roles with ExxonMobil, Shell Oil, SONY Electronics, and most recently Western Marketing, a large Chevron lubricants marketer in Texas. In his new role, Mark will be responsible for leading the sales efforts of Parman Energy in all their locations.

MarkSpaniol

Mark Spaniol, Senior Vice President-Sales Parman Energy

“Parman Energy is a world-class organization. I’m excited about joining them on their growth journey and look forward to contributing to their success” says Mark.

As Parman Energy continuously drives to be a leader in the oil and lubricants industry, they will also continue to evolve structurally with a constant focus on growing their business while providing “Totally Outrageous Customer Service (T.O.C.S)” to both their external and internal customers. In support of the drive to continue to be an industry leader, the opportunities to add to their exiting world-class organization brings them further on their journey to delivering T.O.C.S. Parman Energy Corporation’s continued commitment to safety, implementation of risk management best practices, and willingness to learn and apply new safety techniques have enabled them to set a future standard of excellence amongst industry peers.

Mark will report to Steve Moore, Parman’s President and CEO. “I am thrilled to have Mark join our leadership team” says Moore. “His professionalism and enthusiasm will be a perfect fit with our sales driven culture.”

About Parman Energy Corporation
For almost a century Parman Energy has been supplying effective and timely lubrication and fuel solutions for businesses and industries throughout the southeast US. With more than 12 STLE Certified Lubrication Specialists and 15 employees certified as both Oil Monitoring Analysts (OMA) and ICML Machinery Lubrication Technicians, Parman Energy offers a highly skilled staff capable to ensure proper equipment lubrication. Parman Energy also offers a full line of lubricants as well as quality DEF products, fuel and equipment. Strategically located across the state of Tennessee, Parman Energy will make sure you are good to go on all your fuel, DEF and lubrication needs. Click for more on Parman Energy

RelaDyne Enters Agreement to Purchase Western Marketing, Inc.

rdwmpicRelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has signed definitive agreements to acquire Western Marketing, Inc., a leading regional distributor of petroleum products based in Abilene, Texas. The transaction is expected to close in approximately two weeks.

Founded in 1953, Western Marketing, Inc. (WMI) supplies bulk and packaged lubricants to customers utilizing internal combustion engines primarily for transportation, agriculture, and energy pumping and gathering systems. WMI services West and North Texas markets reaching into Oklahoma, Kansas, Arkansas, New Mexico, Colorado, and Louisiana.

“The strategic decision to partner with RelaDyne will greatly benefit our customers and our team,” said Robert Sullivan, Western Marketing CEO. “Through RelaDyne, we will soon be able to offer our customers a wider product offering and new reliability services which will enhance our customers’ profitability. RelaDyne’s culture and growth commitment provide a great work environment, robust benefits, and career advancement opportunities throughout their footprint for our team.”

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RelaDyne Locations

“The acquisition of Western Marketing will significantly expand our geographic footprint into West and North Texas markets, creating regional density in our existing branches,” stated Larry Stoddard, RelaDyne President and CEO. “Together, our businesses will share best practices and provide a platform for future organic growth. We look forward to welcoming the WMI team into the RelaDyne family soon and offering their customers additional products and services from the people they already know and trust.”

“The acquisition of Western Marketing, Inc. will be RelaDyne’s largest acquisition to date.

We continue to focus on acquiring great companies with great people and this is another perfect example,” said RelaDyne CSO, Jeff Hart, who leads RelaDyne’s M&A activities. “This deal represents our 30th acquisition since we started the business in 2010, as we continue our strategy to create a national distribution platform.”

About Western Marketing, Inc.
Western Marketing Inc. is a leading, multi-branded lubricant distributor serving customers across seven states with an emphasis on truck fleets, agricultural, automotive repair shops, car dealerships, gas engine oil users, manufacturing plants and wind turbine sectors. Those interested in more information can contact the Abilene, Amarillo, Dallas-Fort Worth, Longview, Lubbock, Monahans, Texas and Stroud, Oklahoma offices to learn more about the lubrication products, services and equipment offered. Visit www.WestMktg.com

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 50 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution and industrial service segments. For more information, visit www.RelaDyne.com

Report on Retail Lubricant Prices

JobbersWorld Brings Back its Retail Price Tracker

jwrptFor those who have been with JobbersWorld since its inception in 2001, you may remember we provided a retail price tracker “Stats and Facts” in each of our monthly issues. Whereas JobbersWorld continued to track retail prices over the years, the price tracker was not carried over when we switched from a print to an electronic version of JobbersWorld.  Well its back!

Moving forward, JobbersWorld will report on retail prices at the leading big box store and prices at five of the leading auto parts stores. The tracker includes prices by brand and category (synthetic, synthetic blend, high mileage, and conventional).

CLICK FOR MARCH 2017 PRICES

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Rhinehart Oil Acquires Colorado Based Rex Oil Company

rhinehartrex1Rhinehart Oil Co., Inc. Announces Acquisition and Integration Of Rex Oil Company

Rhinehart Oil Co., Inc. announces the recent acquisition and integration of Rex Oil Company, headquartered in Denver, Colorado. The acquisition of Rex Oil Company significantly expands Rhinehart Oil’s presence as a premier fuels and lubricants distributor in the Rocky Mountain region. This acquisition will provide Rhinehart Oil a wider distribution footprint into Utah, Wyoming, and Colorado and provide more products and services to customers in these areas.

4212017quote41“We are extremely excited about this acquisition. It expands our reach in the Rocky Mountain region allowing us to serve a larger customer base,” said John Jardine, Co-CEO of Rhinehart Oil Company. “Tina Powell (President of Rex Oil Company) and I have been friends for several years and I couldn’t be happier this worked out. It’s a great company with a lot of great employees whom we are excited about having joined our team.”

Tina Powell agrees and adds, “I am very happy to make this announcement, I know we chose the right company to give our customers the quality products and excellent service they deserve and expect. It was very important to me that we choose a company that I trusted to care for our many, many long-term employees and customers and I firmly believe we have made the best possible choice.”

A Note From JobbersWorld: The Rex Oil Company described above is a different company than Rex Oil in South Carolina whose lubricants division was acquired by PetroChoice in 2016.

About Rhinehart Oil:
Rhinehart Oil is a privately held family business, based in American Fork, UT. The company has serviced customers in Utah and Wyoming since 1976. Rhinehart Oil provides exceptional quality and impeccable service. Rhinehart Oil is a total solutions provider that offers a wide range of high quality products and supporting services to industrial, commercial, and automotive markets. Rhinehart Oil distributes a wide variety of products including lubricants, fuels, diesel exhaust fluid (DEF), equipment, chemicals, and automotive ancillary products. More.

About Rex Oil Company:
Rex Oil Company has serviced the Colorado market since 1937. This acquisition comprises of both Rex Oil Company and Gray Oil Company, who previously merged into Rex Oil Company in 2014. The company services a broad range of customers with fuel, lubricants, diesel exhaust fluid (DEF), and chemicals throughout the Colorado and South East Wyoming region. This acquisition includes wholesale distribution facilities, convenience stores, and card locks throughout Colorado. More.

Summary: Round 2 Price Increases

Although Amalie was the first to announce a lubricant price increase in round 2 of 2017, CAM2, Allegheny Petroleum, Kleen Performance Products were the first to move with each having price increases taking effect on April 17th. Valvoline is the last to move with an effective date of June 1 for its price increase.

The lubricant price increases announced by majors and independent lubricant manufacturers in Round 2 of 2017 ranged from 3 to 12%. The average increase is 4.3% for the majors, and 6.5% for the independents, and the combined average is 5.8%.

With a range of 19 to 51 days, there is an average of 31 days from the time a company announced a price increase to the effective date of the increase. The longest span from the announced to effective date is seen with the majors at an average of 40 days. The average time span for the independents is 25 days.

IncreaseChart4182017

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Table 2

PRICE INCREASES REPORTED ON BY JOBBERSWORLD
IN ROUND 2 OF 2017

Lubricant Manufacturers Round 2

Company Announced
Date
Effective
Date
Increase
Amalie 3/17/2017 4/21/2017 24 cpg lubes, 3 cpp grease
Calumet 3/20/2017 4/20/2017 4 to 6%
Castrol (excluding industrial) 3/22/2017 5/1/2017 up to 3%
CAM2 3/23/2017 4/17/2017 20 to 35 cpg
Warren Distribution 3/24/2017 4/24/2017 6 to 9%
Smitty’s Supply 3/24/2017 4/24/2017 4 to 6%
Chemlube 3/27/2017 4/20/2017 4 to 7%
Pinnacle Oil 3/28/2017 4/18/2017 5 to 9%
Reliance Fluid Technologies (RFT) 3/28/2017 4/28/2017 6 to 9%
Old World Industries (PEAK) 3/28/2017 4/21/2017 up to 8%
Allegheny Petroleum 3/28/2017 4/17/2017 20 to 35 cpg
Warren Oil Company 3/28/2017 4/24/2017 4 to 9%
Kleen Performance Products 3/29/2017 4/17/2017 5 to 12%
ExxonMobil 3/31/2017 5/10/2017 up to 4%
Royal Mfg 4/1/2017 5/1/2017 4 to 8%
Chevron 4/3/2017 5/15/2017 4 to 6%
Advanced Lubrication Specialties (ALS) 4/3/2017 4/24/2017 5 to 9%
Nu-Tier Brands 4/4/2017 4/24/2017 4 to 7%
Phillips 66 4/5/2017 5/10/2017 4 to 6%
Petro-Canada 4/5/2017 5/5/2017 up to 6% (excluding white oils and process oil)
SOPUS/Shell 4/10/2017 5/15/2017 up to 4%
CITGO 4/11/2017 5/15/2017 4 to 6%
Valvoline 4/11/2017 6/1/2017 up to 4%

 Increase3282017Big2 

2017 Price Increase Timeline – Lubricant Manufacturers
Round 2
Increase4132017

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