Price Increases: Round 3

Price Increases: Round 3

uppricesChemlube announced today it will increase the price of its Savannah lubricants by $0.20 to $0.25 a gallon. These increases go into effect on November 20, 2017. Chemlube attributes the increase to the higher price of raw materials.

Advanced Lubrication Specialties (ALS) announced today that it will increase the price of its lubricants from 6 to 10%, effective November 13, 2017.

CAM2 announced today, a bulk and package price increase of 4 to 9% per gallon (depending on product). The increase is effective November 15, 2017. CAM2 says the increase is necessary due to the continuing increase in base oil prices.

Smitty’s Supply announced today a price increase of $0.20 a gallon for bulk, $0.25 a gallon for packaged lubricants, and $0.03 a pound for packaged greases. This increase is effective November 15, 2017.

Warren Oil announced on October 24, 2017 that it will increase the price of its finished lubricants and greases by 4 to 9%. The increase will be effective as of November 17, 2017 on orders placed on or after Monday, November 20, 2017. Warren attributes the price adjustment to the increased costs of base oils, additives, packaging and transportation.

ExxonMobil announced on October 20, 2017 that it will increase the price of its lubricants by up to 6% effective November 20, 2017. This increase is said to impact both branded and unbranded lubricants, including greases.

The first it what is now taking shape to be Round 3 in lubricant price increases for 2017 was announced by Kleen Performance Products on September 6, 2017. 

Champion Focuses on Mopar with 0W-40 Modern Muscle Motor Oil

4402H Modern Muscle 0W-40 ImageChampion Brands, LLC, a major player in development and manufacturing of racing and performance products, announced this week the unveiling of a new SAE 0W-40 premium full-synthetic motor oil specifically formulated to maximize the demands of today’s high performance street vehicles.

Champion Modern Muscle (CMM) SAE 0W-40 Motor Oil is an API SN licensed viscosity recommended for Dodge Viper 8.4L, Dodge Challenger 6.4L, Dodge Charger 6.4L, Additional Modern Dodge Hemi Motors, Jeep 6.4L, Nissan GTR 3.8L, and others, plus OEM / Engine Builder “Crate Motors” requiring a high performance 0W-40 viscosity.

CMM Motor Oils will provide outstanding levels of fuel economy performance, cleaning power and engine protection, even during extended oil change intervals. These high-performance oils are proven to significantly reduce wear and viscosity breakdown due to advancements in additive engineering.

CMM Motor Oils utilize Champion’s “Blue E.T.®” (Enhanced Technology) racing additive, and Champion’s TVS® (Thermal Viscosity Stabilizer) performance additive. These proprietary technologies deliver unmatched film strength at high temperature, better piston ring seal for maximum compression, and increase horsepower and torque in most engines.

These premium mixtures of synthetic base fluids and additives provide maximum durability and protection from wear and viscosity breakdown by including special lubricity modifiers, and premium anti-wear additives This unique robust formulation enables CMM Motor Oils to outperform all leading high performance synthetic oils.

About Champion Brands, LLC
Champion Brands, LLC, is a globally recognized industry leader in specialty lubricants for over 60 years. Champion also produces and blends over 350 products including fuel, oil, engine additives, and lubricants for the racing, automotive, heavy truck, agricultural, industrial, and specialty markets. For more information call Champion at 660-890-6231. Champion Brands, LLC; 1001 Golden Drive, Clinton, MO, or go to http://www.championbrands.com

Source: Champion Brands, LLC

CAM2 Responds

CAM2 Responds to JobbersWorld’s Earlier News Today “Colorado LV I, LLC. (dba CAM2 International, LLC.) Filed for Bankruptcy”

CAM2pdfImage

In response to today’s JobbersWorld news “Colorado LV I, LLC. (dba CAM2 International, LLC.) Filed For Bankruptcy,” (See Below) CAM2 contacted JobbersWorld to provide the following information about CAM2’s relationship with Colorado LV I, LLC.

CLICK ON IMAGE FOR CAM2’s RESPONSE

Colorado LV I, LLC. (dba CAM2 International, LLC.) Filed For Bankruptcy

Colorado LV I, LLC filed for Chapter 7 Bankruptcy

Colorado LV I, LLC. (dba CAM2 International, LLC.) filed for Chapter 7 Bankruptcy on March 4, 2016 in the United States Bankruptcy Court for the District of Colorado. According to the filing, although the company had $182 million in gross revenue for the fiscal year 2013, its gross revenue from business in 2015 was $0.00. More to come.

Price Increase Summary

Below is a summary of the recent round of lubricant price increases. In light of the lead story above, it’s interesting to see that CAM2 announced two price increases after the date it filed for Chapter 7 Bankruptcy.

June292016PriceIncrease

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