More Price Increases, Shell Lubricants Doubles Distribution Network in Canada

Shell Lubricants Doubles Distribution Network in Canada

Addition of three new partners to enhance overall network

Shell Lubricants, the global market leader in finished lubricants, has announced the expansion of its Business-to-Business (“B2B”) distribution network in Canada, doubling the number of Shell Lubricant distributors and increasing flexibility for Canadian customers.

As part of the expansion, WestPier, Pepco and Boss Lubricants will join Shell’s B2B distribution network in Canada. B2B Customers will still find Shell lubricants available coast-to-coast through current distributors; Bluewave Energy, Filgo and Lubesource (Original Parts Warehouse).

Jay_Schippanoski-GM_Sales-Canada

Jay Schippanoski, General Manager Regional Sales, Shell Canada Products

“The expansion of Shell’s B2B distribution network in Canada is a win-win-win for customers, distributors and Shell,” said Jay Schippanoski, General Manager Regional Sales, Shell Canada Products. “We are proud to have a network of expert partners who sell our products to a broad range of commercial customers and help add value to their operations through effective and smart lubrication solutions.”

Shell Lubricants is one of the largest B2B lubricant providers in Canada. Its network of distributors covers Canada from coast-to-coast. Businesses from a broad range of industries, including agriculture, construction, transport, manufacturing, metals, mining and power, benefit from a suite of lubricant-related services including expert advice and support along with practical tools and training resources.

“We are committed to growing the business in Canada through strong relationships with our distributors, our premium products and continued innovation and advancement of our lubricants offering,” said Schippanoski.

For decades, Shell Lubricants has been helping customers seize cost-saving opportunities through optimizing lubrication and contributing to lower Total Cost of Ownership (“TCO”). The effective selection and management of lubrication can unlock several benefits for customers including lower maintenance costs, longer equipment life and reduced energy consumption. Over the past five years, Shell Lubricants has documented projects that have delivered $139 million in savings to customers globally. In Canada Shell Lubricants boasts a state-of-the-art blending and packaging facility in Brockville, Ontario, that produces a complete slate of technology leading passenger car, motor oils, heavy duty engine oils and industrial products.

Shell Lubricants has a patent portfolio with 150 + patent series for lubricants, base oils and greases, and more than 200 scientists and lubricants engineers dedicated to lubricants research and development.

For more information about Shell Lubricants, visit www.shell.ca/lubricants.

About Shell Lubricants
Shell Lubricants companies lead the lubricants industry, supplying more than 11 percent of global lubricants volume. The companies manufacture and blend products for use in consumer, heavy industrial and commercial transport applications. The Shell Lubricants portfolio of top-quality brands includes Pennzoil®, Quaker State®, FormulaShell®, Shell TELLUS®, Shell RIMULA®, Shell ROTELLA® T, Shell SPIRAX® and Jiffy Lube®.

Valvoline Launches Engine Oil Approved for Use in Natural Gas, Diesel and Gas Heavy Duty Engines

Premium Blue One Solution™ 9200 is a unique engine oil delivering on the company’s longstanding commitment to meet changing industry and engine technology needs.

Valvoline Inc. – a leading worldwide supplier of premium branded lubricants and automotive services – today introduced Valvoline™ Premium Blue One Solution™ 9200, an engine oil approved for use in natural gas, API CK-4 application diesel and API SN application gas fleet engines.

“The purpose of Premium Blue One Solution is to dramatically simplify the fill process for fleet managers, enabling one proven product to be used across a number of engine applications,” said David Young, vice president of Valvoline Heavy Duty. “We’ve taken our innovation to the next step in terms of natural gas engine oil, bringing a new brand product to the marketplace.”

The new Premium Blue One Solution was officially unveiled today at a press conference during the TMC Annual Meeting and Transportation Technology Exhibition in Atlanta, Georgia.

“In our 150-plus years, we have consistently focused on innovation to develop better products and solve the business challenges of our customers,” said Heidi Matheys, Valvoline chief marketing officer. “With One Solution, we are pleased to introduce another unique product to the industry.”

Valvoline Premium Blue One Solution was initially developed as part of Valvoline’s close relationship with Cummins Westport (CWI), which has introduced a new series of low-emission engines. Through that partnership, Valvoline created an engine oil that is the recommended product for those Cummins engines – and can also be used in engines from other manufacturers.

“Our customers have been very clear that a high-performance engine oil compatible with both mobile natural gas and diesel engines would be a critical benefit to their bottom line. Valvoline Premium Blue One Solution meets that need,” said Yemane Gessesse, CWI director of engineering. “From a technology standpoint, this a huge advancement in the engine oil industry.”

“While there were previously oils in the marketplace that could be used in diesel and gas engines, there was not one approved across all fuel types – until now,” Young added. “With this product, manufacturers across multiple engine types can be confident in the selection of Premium Blue One Solution to elevate performance and extend protection.”

  • An engineering innovation, Valvoline Premium Blue One Solution is formulated with:
    Excellent high temperature oxidation resistance and TBN retention to support long oil life
  • Outstanding wear protection
  • Superior deposit protection compared to industry requirements

™ Trademark, Valvoline or its subsidiaries, registered in various countries
SM Service mark, Valvoline or its subsidiaries, registered in various countries

More Price Increases in Round Two

Chemlube announced it will raise its Savannah branded lubricants prices by 5 to 8%. The increase is effective March 26, 2018. Chemlube attributes the increase to recent raw material price increases.

Advanced Lubrication Specialties (ALS) advised its customers of a 6 to 9% price increase on all finished lubricants. This increase is effective March 26th. ALS attributes the adjustment to escalation in the costs of base oil.

Sunoco announced a price increase of 6 to 9% for most finished lubricants ordered on or after March 26th. The price adjustment is attributed to continued increases in base oil.

PennStar, LLC announced today a general price increase to be effective with orders placed on or after Monday, March 19, 2018. Pennstar, LLC will increase pricing on all lubricating oils, gear lubes and greases by 6% to 10% depending on product segment. No extended lead times will be honored. This increase is being driven by the continuing rise in base oils, additives and freight costs which impact the manufacturing and distribution of our lubricant products.

For those unfamiliar with PennStar, Pennstar, LLC is an independent lubricants blender located in the greater Allentown, PA area. Rob Perkins, President of Pennstar, LLC told JobbersWorld “We purchased the facility in January of 2018. The facility, has over 250,000 sq ft, and more than 1 million gallons of blending and storage capacity that sits on 9 acres in Northampton, PA”. Pennstar, LLC is an ILMA member, positioned to service the lubricant wholesale market throughout the Northeast and MidAtlantic geography and beyond.

Also…

For those who may have missed it, in addition to the most recent base oil price increases, Afton Chemical advised its customers on February 27th, of a price increase for lubricants and fuels additives. The increase is effective March 19th and increases vary by product segment. Afton attributes the adjustments to the rising costs of raw materials used in manufacturing additives and transportation costs.

As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 Round 2 is shown below:

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%
PennStar 3/9/2018 3/19/2018 6 to 10%

Increase392018
 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

Valvoline Introduces Low-Speed Pre-Ignition Protection Across Motor Oil Portfolio

Innovative Formulation Combats Challenges with Turbocharged Gasoline Direct-Injection Engines

Valvoline Inc. a leading worldwide supplier of premium branded lubricants and automotive services – is introducing protection against an issue in newer engines called Low-Speed Pre-Ignition (LSPI) across its line of North American motor oils for gasoline-powered vehicles*. Valvoline is the first major motor oil brand to specifically address LSPI – and to meet newly approved motor oil standards before they have been implemented.

LSPI is an abnormal combustion event caused by the higher in-cylinder pressures common in engines that are newer – e.g., those that are turbocharged and/or gasoline direct-injection (T/GDI) – while operating under low-speed, high-torque conditions. LSPI’s milder effects might include engine noise or rough idle, but it can also cause catastrophic damage that results in engine failure.

In addition to addressing LSPI, Valvoline’s formulations will offer protection against excessive timing-chain wear, an issue to which GDI engines’ unique combustion characteristics can contribute.

With that, Valvoline is early in meeting standards called API SN Plus that were recently approved by the American Petroleum Institute (API) but have yet to be officially implemented.

“Additive technology in motor oil formulation has been proven to help avoid LSPI, making it essential for preserving performance and reliability in newer engines,” said Fran Lockwood, Valvoline chief technology officer. “Valvoline is leading the industry by adopting formulations that prevent the harsh effects while maintaining the integrity of the oil’s basic performance.”

* Excluding Euro formulations (XL-III, MST and Advanced 0W-40 and 20W-50 products)

About Valvoline
Valvoline Inc. is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, Valvoline’s heritage spans over 150 years, during which it has developed powerful brand recognition across multiple product and service channels. The highly trusted brand ranks as the No. 3 passenger car motor oil brand in the DIY market by volume and the No. 2 quick-lube chain by number of stores in the United States. The company operates and franchises more than 1,100 Valvoline Instant Oil ChangeSM centers in the United States. It also markets Valvoline lubricants and automotive chemicals, including the new Valvoline™ Modern Engine Full Synthetic Motor Oil, which is specifically engineered to protect against carbon build-up in Gasoline Direct Injection (GDI), turbo and other engines manufactured since 2012; Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Synthetic motor oil; and Zerex™ antifreeze. To learn more, visit www.valvoline.com.

™ Trademark, Valvoline or its subsidiaries, registered in various countries
SM Service mark, Valvoline or its subsidiaries, registered in various countries

More Price Increases in Round Two

Pinnacle Oil announced it will raise bulk and packaged lubricant prices by 5 to 10%. The increase is effective March 19, 2018. Pinnacle attributes the increase to recent increases in raw material costs.

Smitty’s Supply advised its customers of a 4 to 10% price increase on bulk and packaged lubricants. This increase is effective March 24th. Smitty’s attributes the adjustment to escalation in the costs of raw materials used in the manufacturing of lubricants and greases.

CAM2 announced a price increase of 4 to 10% for bulk and packaged lubricants and greases ordered on or after March 24th.  The price adjustment is attributed to industry wide increases in the cost of raw components used in manufacturing.

As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 Round 2 is shown below:

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

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

IncreaseJW322018

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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John Deere Revolutionizes the Oil Change with the New Easy Change™ 30-Second Oil Change System

PicBlog3220187John Deere launches the Easy Change™30-Second Oil Change System for quick and easy oil changes on select lawn tractors. With the new system, owners can change oil by simply twisting on a new cartridge that contains both the oil and the filter – no engine oil drainage needed. This revolutionary technology makes changing the engine oil easy, quick, and clean. Changing the filter removes the captured contaminants and replaces about 0.8 qt (0.76 L) of the engine oil.

This integrated system is exclusive to John Deere and reduces the skill and effort traditionally required for oil changes – no fuss, no mess. There is no draining required, and it takes one quarter turn to remove the old cartridge and another quarter turn to install a new cartridge. This makes is easy for nearly anyone to change the oil in their lawn tractor, empowering more owners to take tractor maintenance into their own hands.

“Our main priority is to provide an easy and hassle-free experience for owners to maintain their lawn tractors,” said Kirk Eisenbeis, product marketing manager for John Deere. “The ability to change oil easily, quickly, and without a mess is really appealing to people who don’t have traditional oil change experience,” added Eisenbeis.

The John Deere Easy Change 30-Second Oil Change system is available on the following 2018 models of 100 Series lawn tractors: E120, E130, E150, E160, E170 and E180.

100 Series Lawn Tractors with the Easy Change 30-Second Oil System are currently available at your local John Deere dealer, and home improvement centers throughout the United States and Canada.

About John Deere
Deere & Company is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land – those who cultivate, harvest, transform, enrich and build upon the land to meet the world’s dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity. For more information, visit John Deere at its worldwide website at www.JohnDeere.com.

Source: PR Newswire

RFT One of the first ILMA Members to Officially Upgrade to SN Plus

Reliance Fluid Technologies One of the first ILMA Members to Officially Upgrade to SN Plus

RFTReliance Fluid Technologies, LLC, an independent lubricant manufacturer based out of Niagara Falls, NY has become one of the first ILMA members to officially upgrade their complete passenger car motor oils (PCMO) line to meet the new upcoming SN Plus specification. This new technology addresses modern engine problems associated with the LSPI (Low Speed Pre-Ignition) which is being identified with GDI (gasoline direct injection) and turbochargered engines.

John Garguiolo, President of Reliance, tells JobbersWolrd, “We made a team decision while going through the dexos1™ Gen 2 approval process and working with their major customers and vendors. We’ve worked with Afton Chemical, our PCMO additive supplier, to upgrade our product line in the last quarter of 2017 and we were fully compliant to the SN Plus specification by the first of December. As an independent manufacturer, who is going through record growth, we strive to be a leader with the newest technology available in the market and are very conscious to manufacture only licensed API and OEM approved engine oils. As a supporter of PQIA we’ve seen an influx of questionable lubricants migrate into the market so we are working with our customers to educate them about the importance of selling only quality lubricants. Our tag line says it all ” Our Formulas are Your Success”.

About Reliance Fluid Technologies, LLC
Reliance Fluid Technologies, LLC is, a private label manufacturer of lubricants and chemicals, based in Niagara Falls, New York offering a full line of PCMO, Heavy Duty Engine Oils, Industrial lubricants, metalworking and chemicals. For more information visit www.rftllc.com

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

CrossAmerica Partners LP: Board of Directors Announces New leadership Within its Executive Team

CrossAmerCrossAmerica Partners LP, a leading wholesale fuels distributor, announced today a planned leadership change within the executive team of the Partnership. Gerardo Valencia will be joining CrossAmerica as president, effective March 1, 2018, and will be joining the Board at that time. Valencia will work from the Allentown, Pennsylvania headquarters and, following a transition period, will also be appointed chief executive officer.

In order to ensure a smooth leadership transition, Jeremy Bergeron will resign as president of CrossAmerica effectively March 1, 2018 and continue in his role as chief executive officer until the time of the transition. In the 2nd or 3rd Quarter of calendar 2018, Bergeron will be assuming a new leadership role within Alimentation Couche-Tard and Valencia will assume the additional role of chief executive officer for the Partnership.

“The Board of Directors of CrossAmerica is thrilled to have Gerardo join the team and are confident that he will lead the Partnership to an exciting future,” said Alex Miller, Chairman of the Board of Directors and Senior Vice President of Operations & Global Fuels at Couche-Tard. “Gerardo’s over 20 years of experience in the downstream oil industry, convenience and fuel retailing in North America and Europe will help propel CrossAmerica to its next chapter.”

Prior to joining CrossAmerica, Valencia was responsible for retail operations, asset management, business development, national wholesale fuel sales and strategy for different markets around the globe for BP p.l.c. He was president at ampm, the convenience store subsidiary of BP p.l.c., head of sales and marketing for the U.S. West Coast and, in his last role within BP p.l.c., was responsible for retail strategy and implementation of programs across North America. He holds an MBA from the Kellogg School of Management and a Bachelor of Science Degree in Industrial and Mechanical Engineering from the Monterrey Institute of Technology in Mexico.

“Gerardo is a proven leader and brings with him extensive experience across both the wholesale and retail businesses,” stated Bergeron. “He is an excellent addition to this terrific CrossAmerica team, and I look forward to working with him to grow the business and build more value for our unitholders.”

“I believe that combining my deep background in the fuel and retail industry with this talented and seasoned team will help CrossAmerica reach a new level of growth and development,” said Valencia. “I am honored to have the opportunity to be part of this organization, and I look forward to working with Jeremy and the entire CrossAmerica organization.”

“On behalf of the Board, we want to thank Jeremy for his leadership at CrossAmerica,” said Miller, “He has guided us through a very challenging MLP market period, continues to transition the organization through its initial integration with Couche-Tard, and provide a strong vision for the Partnership.”

About CrossAmerica Partners LP
CrossAmerica Partners is a leading wholesale distributor of motor fuels and owner and lessor of real estate used in the retail distribution of motor fuels. Its general partner, CrossAmerica GP LLC, is a wholly owned subsidiary of Alimentation Couche-Tard Inc. Formed in 2012, CrossAmerica Partners LP is a distributor of branded and unbranded petroleum for motor vehicles in the United States and distributes fuel to approximately 1,200 locations and owns or leases approximately 900 sites. With a geographic footprint covering 31 states, the Partnership has well-established relationships with several major oil brands, including ExxonMobil, BP, Shell, Chevron, Sunoco, Valero, Gulf, Citgo, Marathon and Phillips 66. CrossAmerica Partners ranks as one of ExxonMobil’s largest distributors by fuel volume in the United States and in the top 10 for additional brands.

Source: GlobeNewswire

Mavis Discount Tire and Express Oil Change & Tire Engineers to Merge

Mavis Discount Tire (“Mavis”) announced that it has signed a definitive agreement to merge with Express Oil Change & Tire Engineers (“Express”), a Golden Gate Capital portfolio company, creating one of the largest independent automotive service platforms in the U.S. Upon closing, the combined company will be led by Mavis’ current Co-Chief Executive Officers, David and Stephen Sorbaro, and Express’ Chief Executive Officer, Ricky Brooks, will be named Executive Chairman. ONCAP is selling its stake in Mavis to Golden Gate Capital, which, along with the Sorbaros, will be significant shareholders in the combined company. Financial terms of the transaction, which is expected to close in the first half of 2018, were not disclosed.

The merger of Mavis and Express unites two of the leading operators in the automotive service sector with a history of strong organic sales and service center growth. The combined company will operate more than 830 locations in 24 states across the East Coast, South and Midwest. Golden Gate Capital expects to continue to invest behind this scale platform to accelerate new unit development and to acquire additional automotive service providers in the combined company’s core and contiguous markets.”

MavisQuoteWe are thrilled to partner with Express and Golden Gate Capital to create a leading company in the auto service industry in terms of service center footprint, financial strength and service quality. We have long admired Ricky and the entire Express team, who share the same values of integrity, trust and outstanding customer service,” said David Sorbaro, Co-Chief Executive Officer of Mavis Discount Tire. “Express is the ideal partner as we continue to expand our footprint nationally. We’re grateful for ONCAP’s support throughout its ownership, and Stephen and I look forward to continuing to provide customers at Mavis and Express with the very best auto care in the industry.”

“This exciting transaction unites two customer-driven companies with a deep-rooted service ethic. Mavis has long been a leader in providing cost-effective and quality tires and service, and we are delighted for the opportunity to partner with them and benefit from each other’s expertise,” said Ricky Brooks, Chief Executive Officer of Express Oil Change & Tire Engineers. “I am confident that together, Mavis and Express will create an entirely new standard of auto care in the U.S.”

Josh Cohen, a Managing Director at Golden Gate Capital, said, “For years we have observed both Mavis’ and Express’ tireless dedication to their customers and operational excellence and we’re elated to have the opportunity to partner with the Sorbaros and Ricky. Uniting these strong, recognized brands will combine best practices and result in an acceleration of their current industry-leading growth.”

Evan Hershberg, a Managing Director at ONCAP, said, “During our ownership David and Stephen did a fantastic job expanding on their world-class platform. We’re proud of what we accomplished together and we wish Mavis, Express and Golden Gate Capital continued success.”

Jefferies is serving as the exclusive financial advisor to Mavis and is leading the financing group which includes Antares Capital, KKR Capital Markets, Angel Island Capital and Cowen. Ropes & Gray LLP and Nob Hill Law Group P.C. served as legal advisors to Golden Gate Capital and Express, and Covington & Burling LLP served as legal advisor to Mavis, the Sorbaro family and ONCAP.

Source: Business Wire

With Our Sympathy

It is with immense sadness that we report the passing of Harvey Golubock. Harvey was an industry leader, friend to many and will be missed. Click for details

On the Wire and in the News

Total and Aston Martin Sign a New Global Partnership

Neste appoints Brenntag as its new NEXBASE Group III base oils distributor in Greater China

Car manufacturers go all in on electric cars, raising specter of peak oil demand

Gen III Oil Corp. signs Term Sheet for CAD$72 Million Secured Credit Facility

JW Introduces Lubricant Pricing Reports

JobbersWorld Announces Lubricant Pricing Reports

JWMiniBooks-3THE 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.

Must have reports for manufacturers and marketers looking to understand price drivers and communicate the reasons for price increases to customers.

clickmorejw

Total Lubmarine Introduces Newest Environmentally Acceptable Lubricant

Total Lubmarine has announced the introduction of a new grease product: BIO OG PLUS – an innovative addition to an already comprehensive Environmentally Acceptable Lubricant (EAL) range.

Specifically formulated for sensitive applications such as open gears and chains under high load, BIO OG PLUS mitigates the challenges of working in environments where water contamination is common.

On top of being an extreme pressure and adhesive grease, Lubmarine says, BIO OG PLUS’s biodegradable qualities allow owners, managers and operators of vessels to take a more environmentally considerate approach to lubrication. It is also a vital resource to those operating in areas requiring the use of EAL Lubricants, such as those working within jurisdiction of the US.

Anne-Sophie Vaucheret, Marine Technical Engineer at Total Lubmarine said of the new product: “We are very happy to bring a new product into our range – and this is something that our customers have been asking for. We pride ourselves on an ability to offer an end-to-end lubrication solution, and with BIO OG PLUS, all of our customer’s needs are covered.”
More…

HollyFrontier Corporation Reports Quarterly Net Income

HollyFrontier Corporation today reported fourth quarter net income attributable to HollyFrontier stockholders of $521.1 million or $2.92 per diluted share for the quarter ended December 31, 2017 compared to $53.2 million or $0.30 per diluted share for the quarter ended December 31, 2016.

HollyFrontier’s President & CEO, George Damiris, commented, “In comparison to last year, HollyFrontier’s significant financial improvement for the fourth quarter reflects both better refinery operations and the improved macroeconomic environment. Additionally, Lubricants and Specialty Products had a strong fourth quarter led by the Rack Forward Business. We are excited about 2018 based on our improving refinery reliability, our positive outlook for both product cracks and crude spreads, as well as the growth potential of converting a higher percentage of base oil sales into finished products.” MORE

On the Wire and in the News

Neste appoints Brenntag as its new NEXBASE Group III base oils distributor in Greater China

Car manufacturers go all in on electric cars, raising specter of peak oil demand

Gen III Oil Corp. signs Term Sheet for CAD$72 Million Secured Credit Facility

Phillips 66® Lubricants Upgrades Complete Passenger Car Motor Oil Line, Valvoline Announces Increase

Valvoline Announces Lubricant Price Increase

Valvoline advised its marketers that it will be increasing finished lubricant prices by up to 5%. The increase is effective March 1. As with most price increases in the first round for 2018, Valvoline attributes the increase to the higher cost of raw materials and increases in manufacturing and distribution costs.

Although Valvoline is the last major lubricant supplier in the US to announce a price increase in 2018, they are not the last to move. Whereas Valvoline’s increase is effective March 1, Castrol is the last major to move. The effective date of Castrol’s increase is March 12, 2018.

CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018

Phillips 66® Lubricants Upgrades Complete Passenger Car Motor Oil Line To Combat LSPI And Meet Upcoming SN Plus Specification

Innovative motor oil extends engine life, reduces chance of LSPI events in modern engines

kendallnewpicPhillips 66 Lubricants, one of the largest finished lubricant suppliers in the U.S., today announced it is upgrading its full line of passenger car motor oil (PCMO) to tackle the low speed pre-ignition (LSPI) issue that engine mechanics identify as an increased risk for modern engines, including those with gasoline direct injection (GDI) and turbochargers. GDI engines are the most common type of engine produced today and one that has steadily taken over engine market share over the past decade.

Original Engine Manufacturers (OEMs) developed GDI engines to provide consumers powerful engines with improved fuel efficiency and lower CO2 emissions, however, the engines tend to be smaller and run hotter. “New vehicles require higher lubricant performance,” said Mike Krampf, Phillips 66 Finished Lubricants Manager. “Only a high-quality motor oil formulated for modern engines can help consumers fully gain from the benefits engineered into these engines, including fuel efficiency. A quality motor oil must function as a lubricant, coolant and dispersant.”

Over 120 million turbocharged GDI-powered vehicles have been produced globally since 2010 and are at risk for LSPI -a condition that occurs when there is a premature ignition of the main fuel charge, resulting in very high-pressure spikes, loud noise, power loss, increased fuel consumption and potentially catastrophic damage to the engine. Since GDI engines now make up over half of new car production, lubricant suppliers and consumers need to know that the oils they are getting at quick-lube shops or installing themselves will provide the necessary protection against LSPI.

Krampf told JobbersWorld, “Our decision to upgrade our full product line reflects our commitment to engine protection and on-road safety for drivers of all vehicles.”

The upgraded Kendall GT-1® Motor Oil and Phillips 66 Shield® Motor Oil formulas will begin rolling out in March. These products meet the upcoming SN Plus specification, for which first license date is expected early this summer. Watch and share this LSPI video series created by Phillips 66 Lubricants product experts to learn more about LSPI and its effect on GDI engines.

About Phillips 66 Lubricants
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. As one of the largest finished lubricants suppliers in the U.S., Phillips 66 Lubricants is known for manufacturing and marketing high-quality base oils and sophisticated formulations currently sold under two major lubricant brands: Phillips 66® and Kendall®. For more information, visit www.Phillips66Lubricants.com

New Phillips 66 Lubricant Product Aids Landfill-to-Energy Producers Converting Your Garbage to Electricity

Phillips 66 Lubricants announces it has formulated a new oil, Phillips 66 El Mar LF-D GEO, to help solve a unique set of challenges caused by the corrosive compounds and contaminants that gas engines encounter during the process of converting landfill methane to energy.

lanfillpowerAccording to the EPA, municipal solid waste (MSW) landfills are the third-largest source of human-related methane emissions in the United States, accounting for approximately 15.4 percent of these emissions in 2015. Landfill gas is produced during the decomposition of organic matter, volatilization, and chemical reactions in MSW. When landfill gas is captured and used as an energy source, it helps prevent methane gas from going into the atmosphere and contributing to greenhouse gas and global climate change.

The process to convert landfill gas to energy requires complex equipment including gas-extraction equipment, natural gas fired engines and generators. Phillips 66 is proud to offer a product that will keep the gas engines in this process running smoothly.

Phillips 66 El Mar LF-D (landfill-digester) gas engine oil (GEO) is a premium quality, next-generation, low-ash, gas engine oil designed for landfill gas applications. The oil is especially effective in controlling silica deposits formed during the combustion of siloxane gases found in many landfills.

“Silica deposits cause major problems in these engines, resulting in increased downtime to clean the engines,” said Tony Negri, commercial product manager. “Using an ineffective oil in these machines means workers have to take the machinery offline to recondition the cylinder heads and liners. With the new El Mar product, silica deposits are minimized because the silica stays dispersed in the oil rather than depositing on parts.” The right oil results in reduced oil consumption, enhances wear protection, extends overhaul intervals and reduces downtime-which increases power generation and lowers operating costs.

According to Phillips 66, El Mar LF-D GEO is formulated with high-quality Group II base stocks and the newest high dispersant additive technology developed to meet the rigorous lubrication demands of natural gas engines operating on landfill or digester fuel. The low ash content protects catalysts and all exhaust after-treatment hardware, provides outstanding resistance to oil oxidation and nitration, and has a well-balanced alkaline reserve (TBN) to neutralize acids over long service intervals. It protects against ring and liner wear and minimizes the formation of silica deposits on cylinder heads and liners. The additive package is zinc and phenate free for use in landfill applications. El Mar LF-D GEO is recommended for use in natural gas engines manufactured by Caterpillar, GE Jenbacher, Wartsila, and Waukesha.

About Phillips 66 Lubricants
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. As one of the largest finished lubricants suppliers in the U.S., Phillips 66 Lubricants is known for manufacturing and marketing high-quality base oils and sophisticated formulations currently sold under two major lubricant brands: Phillips 66® and Kendall®. These premier products reach across every key market sector, including automotive, trucking, agriculture, aviation, power generation, mining and construction. For more information, visit www.Phillips66Lubricants.com.

Pack Logix completes the acquisition of Spectrum/Phillips 66 Waukesha Packaging Facility

pack-logoPack Logix announced it has acquired the assets of the Spectrum Lubricants (Division of Philips 66) packaging facility located in Waukesha, WI. The acquisition was finalized February 16, 2018 and all employees at the location will migrate to Pack Logix.

Pack Logix is a diversified contract packager, packaging distributor, fulfillment and logistics company offering turn keys solutions for hundreds of companies located throughout the United States and Internationally. The acquisition of the Spectrum facility will add high speed filling of lubricants and chemicals to Pack Logix’s capabilities which currently include tube filling, skin/blister/clamshell packaging and kitting. “We are excited about the additional services we can offer our existing and new customers as we continue to service the increasing demand for contract packaging and value added services such as sourcing, packing, warehousing and direct distribution” said Bruce Moncrieff, CEO.

In addition to the Spectrum acquisition, Pack Logix will absorb the contract packaging and fulfillment business from PAX Holdings. PS Capital Partners will become an equity partner of Pack Logix and strategic influence as they continue to explore acquisitions, mergers and alliances in the packaging space.

About Pack Logix
Pack Logix (formerly Panef) offers a full range of packaging solutions and service capabilities for virtually all market segments. Typically recognized as a premier contract packager of lubricants, greases, powders and specialty products, Pack Logix also offers a comprehensive range of additional products and services. CLICK FOR MORE

News on the Wire

Georgia bans J303 THF Official Letter

Georgia Issues Stop Sale Order for All J303 Tractor Hydraulic Fluid

The Georgia Department of Agriculture, Fuel & Measures Division has issued a Stop Sale Order for Tractor Hydraulic Fluids (THF) products in the market labeled, claimed or implied as meeting the THF “303” specification.

CLICK HERE FOR GEORGIA’S OFFICIAL STOP SALE LETTER

 

Georgia bans J303 THF. A second Round of Price Increases?

Georgia Issues Stop Sale Order for All J303 Tractor Hydraulic Fluid

THF303Pic11172017The Georgia Department of Agriculture, Fuel & Measures Division has issued a Stop Sale Order for Tractor Hydraulic Fluids (THF) products in the market labeled, claimed or implied as meeting the THF “303” specification.

The Georgia Department of Agriculture is responsible for insuring that all lubricating oils, greases, and other similar products sold or offered for sale in the state of Georgia are properly labeled.

Pursuant to O.C.G.A. § 10-1-162(b) (3) “No person shall store, sell, expose, or offer for sale any liquid fuels, lubricating oils, greases, or other similar products… [i]n any manner whatsoever which may deceive or have the effect of deceiving the purchaser of such products as to the nature, price, quality, or quantity of products so stored, sold, exposed, or offered for sale”

The Department’s Fuel & Measures division has issued a stop sale order for Tractor Hydraulic Fluids (THF) products labeled, claimed, or implied as meeting the THF “303” specification. The THF 303 specification was discontinued in 1974 and was subsequently replaced with the current JDM-J20C or D specifications. The department has determined that all THF 303 labeled products shall be removed from sale in Georgia within 180 days of the date of this order.

Provided, however, that nothing in this order shall prevent a manufacturer of such products from correcting product labeling and resuming the sale thereof after such products are validated as meeting the current JDM-J20C or D performance specifications. Performance specifications include but are not limited to those set by original equipment manufacturers and standards-setting organizations such as ASTM and/or SAE.

Sinclair Announces Second Price Increase in Q1 2018

Sinclair Lubricants will implement a second price increase of up to 5% on finished lubricant products effective March 1st, 2018. This increase will be combined with the price increase announced January 17, 2018. In certain instances, the amount of the price change may fall outside of these parameters. This adjustments is attributed to the increasing costs of raw materials in the production of its products.

A Second Round of Price Increases?

Based on what JobbersWorld is hearing today, a number of blenders say they have been advised that a second round of base oil price increases are coming as early as tomorrow. With that, Sinclair may not be the only one announcing a second finished lubricant price increase in the first quarter of 2018.

 

Round One Price Increase Summary

With nearly all major lubricant manufacturers announcing adjustments, the first round of finished lubricant price increases in 2018 will make its mark in the history books.

The first announcement JobbersWorld reported on came when CAM2 announced on January 12th that it was pushing through a price increase effective February 5th. This was soon followed by Shell and within three days of the first announcement, most lubricant manufacturers also announced with ExxonMobil only seven days after Shell. A summary of the most recent price increase announcements are shown below and that’s followed by a summary of all finished lubricant price increases JW reported in the first round for 2018.

As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 is shown below:

Company
Announced Date
Effective Date
Increase
CAM2 1/12/2018 2/5/2018 6 to 10%
SOPUS Products (Shell Lubricants) 1/15/2018 2/19/2018 up to 5%
Advanced Lubrication Specialties (ALS)
1/16/2018 2/5/2018 6 to 10%
Sinclair Lubricants 1/17/2018 3/1/2018 up to 6%
Chemlube 1/18/2018 2/5/2018 $0.20 to 0.25/gal
Nu-Tier Brands 1/18/2018 2/19/2018 6 to 8%
Martin Lubricants 1/18/2018 2/16/2018 4 to 7%
Safety-Kleen 1/18/2018 2/19/2018 5 to 8%
Pinnacle Oil 1/19/2018 2/6/2018 6 to 10%
Royal Mfg 1/22/2018 2/26/2018 5 to 8%
ExxonMobil 1/22/2018 2/26/2018 up to 6%
Reliance Fluid Technologies (RFT) 1/22/2018 2/26/2018 5 to 9%
Chevron 1/22/2018 3/1/2018 up to 5%
Warren Oil 1/22/2018 2/23/2018 4 to 10%
CITGO 1/23/2018 2/23/2018 5 to 8%
Petro-Canada 1/24/2018 2/23/2018 Lubricants up to 6%
Process Oils and Purity FG White Oils $0.10/gal
Warren Distribution 1/24/2018 2/26/2018 6 to 9%
Smitty’s Supply 1/24/2018 2/12/2018 lubricants 6 to 10%
Greases 3cpp
Phillips 66 1/25/2018 3/5/2018 up to 5%
Old World Industries 1/29/2018 2/12/2018 6 to 10%
BP Lubricants USA (Castrol excluding industrial) 1/29/2018 3/12/2018 up to 6%

TimelinePic252018

Parman Energy Group to Acquire Chevron Business from Lube-Tech & Partners

ParmanEnergyGroupParman Energy Corporation, now Parman Energy Group, announced its upcoming acquisition of Lube-Tech & Partners’ (Lube-Tech) Chevron branded lubricants business in early March 2018. Under terms of the agreement, Parman Energy Group will acquire most of Lube-Tech’s Chevron-centric customer base. With this arrangement, both Parman Energy Group and Lube-Tech customers will continue to receive the same products and services they receive today, with the same level of uninterrupted customer service and support.

Parman Energy Group’s Upper-Midwest regional headquarters will be located in St. Cloud, MN, with additional distribution locations in Roseville, MN and Des Moines, IA. Parman Energy Group’s employee base will be comprised of Lube-Tech employees, including customer service, sales, drivers and warehouse staff. These Lube-Tech employees will become Parman Energy Group employees in early March 2018. Lube-Tech will continue to directly provide recycling, fuel and equipment products and services to Parman Energy Group customers.

“Lube-Tech is a family-owned company with a mission to make tomorrow a little bit better than today for each other, for our customers, and for our community” says Lube-Tech Chairman, Chris Bame. “Above all, we are proud of the relationships our Lube-Tech family has formed with our customers over the years. As the industry progresses towards more focused supply relationships, our new service arrangement with Parman Energy Group ensures our Chevron customers will have the right team and product offering to take their business performance to the next level.”

“Parman Energy was founded as a family owned business and is now 100% employee owned” says Steve Moore, Parman Energy Group’s President and CEO. “Our entry into the Upper-Midwest market is a key element in Parman’s overall growth strategy, and we look forward to bringing our trademark level of Totally Outrageous Customer Service to our customers there. Parman Energy Group shares Lube-Tech’s values and operating philosophies and is privileged to be able to continue the customer focused service that Lube-Tech customers have come to expect.”

About Parman Energy Group
Parman Energy Group, formerly Parman Energy Corporation, is an employee owned company that delivers quality lubricant products, diesel exhaust fluid, motor fuels, petroleum equipment, coolants, and related products, solutions and services. Since the mid-1930’s, the Parman name has been a name synonymous with petroleum products in Tennessee and has continued to expand their diverse petroleum product offerings throughout the Eastern U.S. For additional information, please visit the company website at www.parmanenergy.com.

About Lube-Tech & Partners, LLC
Lube-Tech & Partners was formed in June 2016 by the founding companies of Boyer Petroleum (Des Moines, IA), Lubrication Technologies (St. Paul, MN), and Moore Oil (Milwaukee, WI). The merged organization has built upon the founders’ long history of an employee-centric, customer-focused approach to business. As the Midwest’s go-to resource for advanced lubrication and energy solutions, Lube-Tech is driven to help customers accelerate their business performance through a high-octane approach to service – with a mission to make tomorrow a little bit better than today for its employees, customers and the community. Based in St. Paul, MN, Lube-Tech & Partners has operations in Iowa, Minnesota, and Wisconsin and serves commercial, automotive and industrial customers. The company produces and distributes millions of gallons of lubricants and chemicals and employs over 200 people. For more information, visit www.lubetech.com.

Round One Price Increase Summary

With nearly all major lubricant manufacturers announcing adjustments, the first round of finished lubricant price increases in 2018 will make its mark in the history books.

The first announcement JobbersWorld reported on came when CAM2 announced on January 12th that it was pushing through a price increase effective February 5th. This was soon followed by Shell and within three days of the first announcement, most lubricant manufacturers also announced with ExxonMobil only seven days after Shell. A summary of the most recent price increase announcements are shown below and that’s followed by a summary of all finished lubricant price increases JW reported in the first round for 2018.

As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 is shown below:

Company
Announced Date
Effective Date
Increase
CAM2 1/12/2018 2/5/2018 6 to 10%
SOPUS Products (Shell Lubricants) 1/15/2018 2/19/2018 up to 5%
Advanced Lubrication Specialties (ALS)
1/16/2018 2/5/2018 6 to 10%
Sinclair Lubricants 1/17/2018 3/1/2018 up to 6%
Chemlube 1/18/2018 2/5/2018 $0.20 to 0.25/gal
Nu-Tier Brands 1/18/2018 2/19/2018 6 to 8%
Martin Lubricants 1/18/2018 2/16/2018 4 to 7%
Safety-Kleen 1/18/2018 2/19/2018 5 to 8%
Pinnacle Oil 1/19/2018 2/6/2018 6 to 10%
Royal Mfg 1/22/2018 2/26/2018 5 to 8%
ExxonMobil 1/22/2018 2/26/2018 up to 6%
Reliance Fluid Technologies (RFT) 1/22/2018 2/26/2018 5 to 9%
Chevron 1/22/2018 3/1/2018 up to 5%
Warren Oil 1/22/2018 2/23/2018 4 to 10%
CITGO 1/23/2018 2/23/2018 5 to 8%
Petro-Canada 1/24/2018 2/23/2018 Lubricants up to 6%
Process Oils and Purity FG White Oils $0.10/gal
Warren Distribution 1/24/2018 2/26/2018 6 to 9%
Smitty’s Supply 1/24/2018 2/12/2018 lubricants 6 to 10%
Greases 3cpp
Phillips 66 1/25/2018 3/5/2018 up to 5%
Old World Industries 1/29/2018 2/12/2018 6 to 10%
BP Lubricants USA (Castrol excluding industrial) 1/29/2018 3/12/2018 up to 6%

News on the Wire

More Price Increases and ARG Announces Blended Lubricants Team

Four More Price Increases

With nearly all major lubricant manufacturers announcing adjustments, the first round of finished lubricant price increases in 2018 will make its mark in the history books.  The first announcement JobbersWorld reported on came when CAM2 announced on January 12th that it was pushing through a price increase effective February 5th. This was soon followed by Shell and within three days of the first announcement, most lubricant manufacturers also announced with ExxonMobil only seven days after Shell. Importantly, however, although CAM2 was the first to announce, CAM2, Advanced Lubrication Specialties, and Chemlube, with and effective date of February 5th, are the first to move.  A summary of the most recent price increase announcements are shown below and that’s followed by a summary of all finished lubricant price increases JW reported in the first round for 2018.

  • Old World announced it will raise finished lubricant prices by 6 to 10%. The increase is effective February 12, 2018. Old World attributes the increase to recent increases in raw material and distribution costs.
  • BP Lubricants USA (Castrol) advised its customers of up to 6% price increase on Castrol and BP branded pasenger car, commercial and synthetic lubricants excluding industrial This increase is effective March 12th. BP Lubricants attributes the adjustment to escalation in the costs of base oils, additives, packaging, and transportation.
  • CITGO announced a price increase of 5 to 8% for all of its branded and unbranded lubricant products ordered on or after February 23rd. The price adjustment is attributed to industry wide increases in the cost of base oil and additives.
  • Petro-Canada advised its customers of up to a 6% lubricant price increase across-the-board, excluding process oils and Purity FG white oils, which will increase $0.10 cents per gallon. This increase is effective February 23rd.

As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 is shown below:

Company
Announced Date
Effective Date
Increase
CAM2 1/12/2018 2/5/2018 6 to 10%
SOPUS Products (Shell Lubricants) 1/15/2018 2/19/2018 up to 5%
Advanced Lubrication Specialties (ALS)
1/16/2018 2/5/2018 6 to 10%
Sinclair Lubricants 1/17/2018 3/1/2018 up to 6%
Chemlube 1/18/2018 2/5/2018 $0.20 to 0.25/gal
Nu-Tier Brands 1/18/2018 2/19/2018 6 to 8%
Martin Lubricants 1/18/2018 2/16/2018 4 to 7%
Safety-Kleen 1/18/2018 2/19/2018 5 to 8%
Pinnacle Oil 1/19/2018 2/6/2018 6 to 10%
Royal Mfg 1/22/2018 2/26/2018 5 to 8%
ExxonMobil 1/22/2018 2/26/2018 up to 6%
Reliance Fluid Technologies (RFT) 1/22/2018 2/26/2018 5 to 9%
Chevron 1/22/2018 3/1/2018 up to 5%
CITGO 1/23/2018 2/23/2018 5 to 8%
Petro-Canada 1/24/2018 2/23/2018 Lubricants up to 6%
Process Oils and Purity FG White Oils $0.10/gal
Warren Distribution 1/24/2018 2/26/2018 6 to 9%
Smitty’s Supply 1/24/2018 2/12/2018 lubricants 6 to 10%
Greases 3cpp
Phillips 66 1/25/2018 3/5/2018 up to 5%
Old World Industries 1/29/2018 2/12/2018 6 to 10%
BP Lubricants USA (Castrol excluding industrial) 1/29/2018 3/12/2018 up to 6%

IncreaseTimeline1302018

ARG Announces Blended Lubricants Team

American Refining Group Inc. Announced the Team that will Lead its Sales of Blended Lubricants

BL Team sign

The American Refining Group Inc. Blended Lubes Team comprises (from left)  Mike Greene, Luke Rawding, Todd Cawley and Cody Leatherman.

The American Refining Group announced today that ARG’s customers – existing, new and potential – can turn to this team for all of their blended-lubricant needs. Supported by dozens behind the scenes, the team’s industry knowledge and experience forms the foundation of ARG’s partnership with its customers. The sales team that will move ARG forward to grow and develop business with premium specialty lubricants included:

Todd Cawley Business Manager – Blended Lubricants Todd Cawley will draw on decades of industry experience in working closely with customers and distributors throughout the world to supply them with top-quality blended lubricant products.

Cody Leatherman Product Manager – Base Oils and Blended Lubricants Cody Leatherman began his career seven years ago as a research chemist formulating specialty lubricants. He has supervisory experience in research and development, quality control and technical services. He will focus on aligning products with industry and customer needs, cultivating relationships and conducting industry training for our customers.

Luke Rawding Regional Sales Manager Luke Rawding has more than 12 years of lubricant industry experience specializing in account management and new growth, particularly in production and machining in both the U.S. and Canada. His skills also include product application, inventory management and cost savings.

Mike Greene Focusing on mutually beneficial and logistically advantaged private-label business is Account Specialist Mike Greene. He also heads up ARG’s Kendex® OCTG accounts and many of our export accounts. He holds a master’s degree and nine years of industry experience.

CLICK FOR MORE ON ARG

News on the Wire

More Price Increases and Valvoline Announces New Product

Phillips 66 and Total Lubricants Announce Increases

Phillips 66 Lubricants announced it will raise finished lubricant prices by up to 5%. The increase is effective March 5, 2018. Phillips attributes the increase to recent increases in raw material costs.

Total Specialties USA advised its customers of a 4 to 8% price increase on TOTAL branded lubricants. This increase is effective February 26th. Total attributes the adjustment to escalation in the costs of base oils, additives, and other raw materials used in the manufacturing of lubricants.

Allegheny Petroleum announced a price increase of $0.25 a gallon for all of its lubricant products ordered on or after February 26th.  The price adjustment is attributed to industry wide increases in the cost of raw materials.

As of today, the list of companies JobbersWorld reported on that have announced lubricant price increases in 2018 is shown below:

Company
Announced Date
Effective Date
Increase
CAM2 1/12/2018 2/5/2018 6 to 10%
SOPUS Products (Shell Lubricants) 1/15/2018 2/19/2018 up to 5%
Advanced Lubrication Specialties (ALS)
1/16/2018 2/5/2018 6 to 10%
Sinclair Lubricants 1/17/2018 3/1/2018 up to 6%
Chemlube 1/18/2018 2/5/2018 $0.20 to 0.25/gal
Nu-Tier Brands 1/18/2018 2/19/2018 6 to 8%
Martin Lubricants 1/18/2018 2/16/2018 4 to 7%
Safety-Kleen 1/18/2018 2/19/2018 5 to 8%
Pinnacle Oil 1/19/2018 2/6/2018 6 to 10%
Royal Mfg 1/22/2018 2/26/2018 5 to 8%
ExxonMobil 1/22/2018 2/26/2018 up to 6%
Reliance Fluid Technologies (RFT) 1/22/2018 2/26/2018 5 to 9%
Chevron 1/22/2018 3/1/2018 up to 5%
Warren Distribution 1/24/2018 2/26/2018 6 to 9%
Smitty’s Supply 1/24/2018 2/12/2018 lubricants 6 to 10%
Greases 3cpp
Phillips 66 1/25/2018 3/5/2018 up to 5%
Total Specialties USA 1/26/2018 2/26/2018 4 to 8%
Allegheny Petroleum 1/26/2018 2/26/2018 $0.25/gal

Increase1262018Timeline

Valvoline Introduces New Modern Engine Full Synthetic Motor Oil

valvpic1262018Valvoline, a leading worldwide supplier of premium branded lubricants and automotive services unveiled another innovative new product with the introduction of Valvoline™ Modern Engine Full Synthetic Motor Oil. This new product is specifically engineered to protect against carbon build-up in Gasoline Direct Injection (GDI), turbo and other engines manufactured since 2012.

ScreenHunter_4115 Jan. 26 19.07“For over 150 years, Valvoline has been at the helm of product innovation, meeting consumer needs with smart science and solutions. Our team is leading the industry with the launch of Valvoline Modern Engine,” said Heidi Matheys, Valvoline chief marketing officer. “As part of our full synthetic portfolio, Modern Engine will combat potential carbon build-up in newer engines – an issue that degrades vehicle performance. Most consumers are unaware that the issue even exists, even though it has the potential to impact roughly 100 million newer vehicles on the road today.”

The company says that engines in vehicles 2012 and newer are built smaller and more efficient than ever. As a result, they run hotter, and are more susceptible to developing Low Speed Pre-Ignition (LSPI) knocking due to abnormal combustion, as well as fuel and oil related carbon build-up.  These issues could lead to power and fuel economy loss – and ultimately, engine breakdown.

Commenting on the launch of Valvoline Modern Engine Full Synthetic Motor Oil, Fran Lockwood – chief technology officer at Valvoline, said: “Valvoline Modern Engine captures key learnings from extensive research on how motor oil formulation – namely oil properties and additive composition – not only influence but can actually help prevent the formation of carbon deposits in the newest engine models.

For more information on Valvoline Modern Engine Synthetic Motor Oil, please visit ModernOil.com.

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