More Price Increases in Round 3

uppricesWarren Distribution announced today that it will increase the price of all its finished lubricants by 6 to 9%. The increase will be effective as of November 27, 2017. Warren Distribution attributes the price adjustment to the increased costs of base oils, additives, operation, raw materials and transportation.

Old World announced on October 30, 2017 that it will increase the price on all finished lubricants by up to 8%. The increase will be effective as of  November 13, 2017. Old World attributes the increase to the higher price of raw materials used in the manufacturing and distribution of its products.

Nu-Tier Brands announced on October 27, 2017 a general price increase of up to 6% on all finished lubricants. The increase goes into effect November 17, 2017. Nu-Tier attributes the increase to the rising costs associated with raw materials and manufacturing.

Chevron announced on October 24, 2017 an  increase on all lubricating oils and greases of up to 6%. The increase goes into effect as of December 4, 2017. Marketers were advised that certain products may be be outside the range.

Pinnacle Oil announced an increase of 5 to 7% on packaged and bulk lubricants effective as of November 15, 2017.

Lubricant Manufacturers Round 3

Company Announced
Date
Effective
Date
Increase
Kleen Performance Products 9/6/2017 9/6/2017 60 to 80 cpg
ExxonMobil 10/20/2017 11/20/2017 up to 6%
Chevron 10/24/2017 12/4/2017 up to 6%
Warren Oil 10/25/2017 11/17/2017 4% to 9%
Chemlube 10/26/2017 11/20/2017 20 to 25 cpg
Advanced Lubrication Specialties (ALS) 10/26/2017 11/13/2017 6 to 10%
CAM2 10/26/2017 11/15/2017 4 to 9%
Smitty’s Supply 10/26/2017 11/15/2017 20 cpg Bulk
25cpg Packaged Lubricants
3cpp Packaged Greases
Nu-Tier Brands 10/27/2017 11/17/2017 up to 6%
Old World Industries 10/30/2017 11/13/2017 up to 8%
Warren Distribution 10/31/2017 11/27/2017 6 to 9%
Pinnacle Oil 11/15/2017 5 to 7%
Lubricant
Price
Increase

CLICK TO ENLARGE

Increase10312017

PQIA Publishes HDEO Timeline

On October 27, 2017 the Petroleum Quality Institute of America (PQIA) published a timeline to help educate consumers about the American Petroleum Institute (API) Service Categories for diesel engine oils.

Nu-Tier Brands Names Vince Huschle as VP of Sales

Nu-Tier Brands, Inc. announced that Vince Huschle has been named Vice President of Sales. Nu-Tier Brands is responsible for the manufacturing and marketing of Gulf and ECOSE™ branded lubricants and specialty performance products.

vincepicVince has enjoyed over 32 years’ experience in several highly responsible Sales and Marketing assignments, with approximately 19 years in Supervisory/Management roles. For the past 13 years, Vince was working for a major lubricants distributor as the Director of Sales & Marketing, which included responsibility of managing 5 Sales Managers and 46 Territory Sales Managers. Vince’s career also included time working for a small refinery in Pennsylvania, which manufactured and marketed the Gulf brand.

This 32 year tenure in the lubricants industry has given Vince a very well rounded understanding of what it takes to develop mutual and long lasting partnerships. He is looking forward to developing and growing our Nu-Tier Brands distributors business.

About Nu-Tier:
Headquartered in Tulsa, Oklahoma, Nu-Tier Brands, Inc. under an exclusive trademark agreement with Gulf Oil Limited Partnership manufactures, markets, distributes, and sells the full line of Gulf Automotive, Commercial and Industrial Lubricants as well as the Gulf Select line of Specialty Chemicals and Equipment. In addition, Nu-Tier recently introduced its newest brand: ECOSE®. ECOSE® is a full line of automotive, commercial and industrial lubricants that meet or exceed industry standards and Original Equipment Manufacturer (OEM) approvals. Many of the ECOSE® products also provide a level of environmental benefit.  Click for more.  

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