Four More Up Prices

Warren Distribution announced a price increase of 4 to 8% on all lubricant products, depending on the product and package size. The new prices will go into effect with shipments on or after Monday, June 25, 2018. Warren Distribution sites several factors driving the announced increase. One is the continued rise in the price of base oils in response to higher crude oil prices. Additionally, it says, acquiring timely transportation services have become more difficult, so freight rates have significantly escalated. Lastly, rising steel prices have caused a precipitous increase in drum costs.


Allegheny Petroleum Products  announced a price increase of 6% to 8% on bulk lubricants and an additional 2% on drum and tote packaging, depending on the product. Allegheny attributes the price change to the ongoing base oil, additive, and packaging cost increases that continue to occur industry wide. The price change will be effective on orders placed on or after June 18, 2018.


Maverick Performance Products advised its customers that due to multiple increases in raw materials used in the manufacturing of finished lubricants, Maverick Performance Products will be passing through a price adjustment on VP finished lubricants of approximately 4 to 8%, percentages will vary by product. The increase will be effective on orders placed on or after June 18, 2018.


Old World Industries announced that it will raise the price on all finished lubricants by 4% to 9%. The increase is effective June 30, 2018. Old World says the increase is a result of the continued increase in the cost of raw materials used in the manufacturing and distribution of these products.

See table and chart below for complete list of recent price increases JobbersWorld reports. 

Dennis K Burke Becomes Northeast Distributor for Phillips 66/Kendall Lubricants

Dennis K Burke announced that it is now the Phillips 66/Kendall Lubricants distributor for the Northeast. The company says, “Kendall has been on the forefront of advances in lubricant product technology since the early 1900’s and we are excited to be able to offer their premium, cutting edge products to our customers.”

SOURCE Dennis K. Burke, Inc.


Shell Launches Artificial Intelligence Chatbot For B2B Lubricants Customers and Distributors

Shell Lubricants has introduced Shell LubeChat, the first artificial intelligence (AI)-powered chatbot tool for B2B lubricants customers. Shell LubeChat is an online chat robot that is designed to give users around the world easy, real-time access to product support, technical services and lubricants data. Currently available in the United States, China and India, this service will also launch in the United Kingdom in the coming weeks and other markets later in the year.

BlogPic1234“Customers and distributors are at the heart of our business here at Shell. We are continually investing in new solutions and services that make their lives easier and more convenient, and we expect digital platforms to play a key role moving forward,” said Roger Moulding, Vice-President of Shell Lubricants Marketing.

Shell LubeChat can be used across a wide range of businesses and sectors, including general manufacturing, construction, agriculture, power and fleet. Designed to help optimize efficiency for our customers and distributors, Shell LubeChat, alongside the entire suite of Shell Lubricants Services, can help solve day-to-day challenges like obtaining access to information quickly. The platform is equipped to help users in a variety of ways, including finding the right product for their equipment, accessing Technical and Safety data sheets on Shell Lubricants products, learning through case studies how others have helped improve their operations with Shell Lubricants products, getting the recommended Shell alternative to other products in the market, and finding authorised distributors closest to them. More

Valvoline to Acquire Great Canadian Oil Change, its First International Quick-Lube Acquisition

Valvoline Inc., a leading worldwide supplier of premium branded lubricants and automotive services, announced that it has signed a definitive agreement to acquire the business assets of Great Canadian Oil Change, which franchises 73 quick-lube stores in five Canadian provinces, primarily in British Columbia and Saskatchewan. The acquisition is expected to be completed within 60 days. Financial terms were not disclosed.

Great Canadian Oil Change, based in Chilliwack, British Columbia, was founded in 1978 and is the third largest quick-lube system in Canada. The acquisition will expand Valvoline’s existing quick-lube network to more than 1,200 company-owned and franchised locations.

“Growing and strengthening our quick-lube network through organic store expansion and high-quality acquisitions in both core and new markets is a key business strategy for Valvoline,” said Sam Mitchell, chief executive officer. “The addition of Great Canadian Oil Change, with its established brand – which we intend to keep in place – and loyal customer base, provides us with an excellent opportunity to expand our quick-lube footprint outside the U.S.”

“Owners Trevor and Carolynn Weflen have spent 40 years developing the Great Canadian Oil Change brand and building its reputation in the Canadian marketplace,” said Tony Puckett, president, Valvoline Quick Lubes. “We’ve developed a strong relationship with Great Canadian Oil Change over the years through our Canadian installer business team and blending and packaging plant in Mississauga, and look forward to working with Great Canadian Oil Change’s large and experienced franchise-owner base to further grow and improve the business. We believe there is significant opportunity for system growth through both support of franchisees and company-owned store expansion.”

“Great Canadian Oil Change has been part of our family since 1978, and we are extremely proud of the brand we’ve built and the growth we’ve achieved,” said Trevor Weflen, owner of Great Canadian Oil Change. “Although the decision to sell was difficult, we are very confident that Valvoline is the right steward for the Great Canadian Oil Change brand and our franchisees going forward. Valvoline is a 150-year-old company that has a long, successful history of taking care of its people, franchisees and customers. We know Valvoline is dedicated to the growth and success of the brand and every franchisee.”


LubeQuiz
Where’s the Dipstick?

 

20180428_144602I recently visited a working farm and had the pleasure of seeing a number of old farm tractors that, in spite of their age, were still pulling their weight and significantly more. One of the more intriguing tractors was the one to the right. When asked when this tractor last ran, I was told to sit in the seat, shake the shifter to make sure it was not in gear, pull out the knob on a steel plate, and advance the throttle a bit. The farmer than turned a petcock to open a gas line and engaged a crank in the front of the engine. After giving it only one hard crank, the engine came to life and was purring like a kitten; no smoke, knocking, pinging, clicking, clacking, spitting or sputtering. And after a short ride in the field, it was clear that this was, aside from its age and rusty appearance, a well-maintained machine that was built to last.

The next interesting experience came when I asked how to check the oil in the tractor below, since, for the life of me, I could not figure it out. Whereas I was schooled on the basics of vintage tractors when he showed me how to check the oil, I wonder how many in our industry would know.

-Tom Glenn

LubeQuiz
  1. How do you check the oil level in this tractor?
  2. As a bonus, what type of oil do you think is used in this tractor and the one that he cranked to start?

JobbersWorld will publish the names and the companies they work for of the first three who get it right. Send your answers to lubequiz@jobbersworld.com.

20180428_144840

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%
U.S. Lubricants, Commerce, CA 5/18/2018 6/17/2018 5 to 9%
Axel Royal 5/21/2018 6/24/2018 5%
Chemlube 5/22/2018 6/11/2018 5 to 9%
Maverick Performance Products 5/22/2018 6/18/2018 4 to 8%
Allegheny Petroleum Products 5/23/2018 6/18/2018 6 to 8% on bulk, additional 2% on drums and totes
Warren Distribution 5/23/2018 6/25/2018 4 to 8%
Old World Industries 5/24/2018 6/30/2018 4 to 9%

IncreaseTimeline5242018R3

 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%

 

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.

clickmorejw

PetroChoice Acquires Prolube, More Price Increases

More Price Increases in Round 2

Phillips 66 announced a price increase of up to 10% on its finished lubricants effective May 14, 2018. Phillips 66 attributes the increase to the rising costs of the production and delivery of its products.

Safety-Kleen announced a price increase of up to 10% on its lubricants effective May 7, 2018. Safety-Kleen attributes the increase to the rising costs of raw materials, additives and base oil used in the manufacturing process of its products.


Note: In the April 5th issue of JobbersWorld, we wrote that Shell is the third major oil company to announce a lubricant price increase. Understanding that TOTAL S.A. is the world’s 4th-ranked international oil and gas company and one of seven supermajors, and that TOTAL Specialties USA is a wholly-owned Affiliate of TOTAL S.A. and its lubricants business in the US, TOTAL was actually the third major to move when they announced a lubricant price increase on March 29th. Shell was the fourth with its announcement on April 4th, 2018.

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

PetroChoice Acquires Prolube, Inc. out of Bensalem, PA

PetroChoice announced the acquisition of the lubricant business assets of Prolube, Inc in Bensalem, PA.

PetroChoiceProlube, Inc has been a reputable distributor of lubricants in the Northern Philadelphia market, specializing in the automotive market. Gregg Babcock, President, and Bob Powers, Secretary and head of sales at Prolube, Inc. have grown the company’s loyal customer base over the past 20 years and will serve as the primary consultants to PetroChoice during the transition.

“Prolube’s commitment to distribution excellence is a terrific addition to our overall growth plan,” said Rob Walker, Senior Vice President of Sales and Marketing at PetroChoice. “We are excited to welcome the Prolube staff into the PetroChoice family.”

Gregg Babcock commented, “It was not an easy decision to sell our company, but after getting to know the cohesive team at PetroChoice, we feel they are the best fit to take our company to the next level. Our customers will continue to be serviced by the best in the industry.”

Effective immediately, Prolube’s product distribution will be operating out of the PetroChoice Aston, PA facility.

About PetroChoice
PetroChoice is one of the largest petroleum-based lubricant distributors in the United States, providing business solutions for industrial, commercial and passenger automobile customers. The company, headquartered in Fort Washington, Pennsylvania, operates locations across the U.S. and employs some of the nation’s most knowledgeable technical experts in lubrication services and equipment. For more information visit PetroChoice.com.

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%
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%

Increase462018R2
 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

Increase462018Big

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

Shell is the Third Major to Move in Round 2

Shell is the Third Major to Move in Round 2

Shell Lubricants (SOPUS) announced a price increase of up to 10% on its finished lubricants effective May 7, 2018. SOPUS attributes the increase to the rising costs of raw materials used in the production and delivery of its products.

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

Packaging Cost on the Rise

DrumUpArrowMauser USA, manufacturers of industrial packaging solutions, announced a 7.5% price increase on steel drums and a 3.9% increase on the price of IBCs. Mauser attributes the increase to the escalating costs of steel with the enactment of Section 232. The increase is effective with shipments on April 25, 2018.

Based on JobbersWorld’s calculation, the increase adds close to $0.05 a gallon to the cost of lubricants sold in drums and kegs.

For those unfamiliar with Section 232, on March 8, 2018, President Trump exercised his authority under Section 232 of the Trade Expansion Act of 1962 to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, with exemptions for Canada and Mexico, in order to protect our national security. The President’s Section 232 decisions are the result of investigations led by the Commerce Department, after review and comment by other relevant Federal agencies. Customs and Border Protection will begin collecting the tariffs on March 23, 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%
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%

Timeline452018R2
 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

Timeline452018Long

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

Lubricant and Packaging Price Increases

More Price Increases in Round 2

Nu-Tier Brands announced a general increase of 6 to 8% on all its finished lubricants. The increase is effective April 16, 2018. Nu-Tier attributes the adjustment to the increasing costs of raw materials and manufacturing.

Total announced a price increase of 3 to 5% on its branded lubricants effective April 30, 2018. This increase is being driven by the continuing rise in base oils, additives and other materials used in the manufacturing of lubricants.

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

Packaging Cost on the Rise

DrumUpArrowMauser USA, manufacturers of industrial packaging solutions, announced a 7.5% price increase on steel drums and a 3.9% increase on the price of IBCs. Mauser attributes the increase to the escalating costs of steel with the enactment of Section 232. The increase is effective with shipments on April 25, 2018.

Based on JobbersWorld’s calculation, the increase adds close to $0.05 a gallon to the cost of lubricants sold in drums and kegs.

For those unfamiliar with Section 232, on March 8, 2018, President Trump exercised his authority under Section 232 of the Trade Expansion Act of 1962 to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, with exemptions for Canada and Mexico, in order to protect our national security. The President’s Section 232 decisions are the result of investigations led by the Commerce Department, after review and comment by other relevant Federal agencies. Customs and Border Protection will begin collecting the tariffs on March 23, 2018.

Chevron Announces New First Source Lubrication Marketer LubeSource

LubeSource customers now have access to a variety of marketing materials and tools

Chevron Products Company, a division of Chevron U.S.A. Inc., maker of technologically advanced engine oils, lubricants and coolants today announced LubeSource is the latest First Source Lubrication Marketer for Chevron Canada Limited.

ChevQuote432018As a Chevron-branded First Source marketer, LubeSource is recognized as one of Chevron’s top-performing Delo, Havoline and Chevron Industrial Lubrication Marketers. The First Source designation indicates LubeSource is committed to being strategically dedicated to the long-term success of their customers’ business.

“Chevron’s First Source Lubrication Marketer program has been a great resource for recognizing leading marketers and developing business relationships. The addition of LubeSource under Chevron Canada’s umbrella is a testament to its success rate,” said Bob Stolz, GM Chevron North America Lubricants. “LubeSource already had a reputation as a top lubrication marketer and joining our First Source program confirms it.”

As part of the customer support, the Vaughan, Ontario marketer now offers an expanded lubricant product portfolio. In addition, LubeSource customers will benefit from:

  • Local warehouses with short lead times for better product management and availability
  • In-Field Technical Lubricant Specialists willing to visit customer locations for reviews
  • Regular promotions and programs, advertising and marketing support
  • Immediate and exceptional technical support through LubeTek

“Chevron has 100 years of advanced engine protection, extended service protection and unsurpassed performance records, so we’re happy we’ve earned the First Source designation,” said LubeSource Director of Sales John O’Donnell. “As a Delo, Havoline and Chevron brand ambassador, LubeSource is now the source for delivering industry leading durability, reliability and efficiency. The latest partnership with Chevron makes LubeSource an even more complete one-stop solution for all of your heavy duty motor oil (HDMO), passenger car motor oil (PCMO) and industrial lubricant needs.”

LubeSource customers can now order Chevron, Delo and Havoline lubricants through LubeSource and are backed by written warranties, including the Delo Bumper-to-Bumper Warranty Program.

About Chevron Products Company
Chevron Products Company is a division of an indirect, wholly owned subsidiary of Chevron Corporation headquartered in San Ramon, CA. A full line of lubrication and coolant products are marketed through this organization. Select brands include Havoline® and Delo® Chevron Intellectual Property LLC owns patented technology in advanced lubricants products, new generation base oil technology and coolants. For more information go to: http://canada.chevronlubricants.com

About LubeSource
LubeSource is a premier distributor and single-source solution for oil, lubrication and related fluids across the automotive, commercial, industrial and agricultural markets. Serving the Ontario market for over 20 years, LubeSource is the premier supplier of all package and bulk heavy-duty motor oils, featuring cutting-edge facilities, industrial experts and technical teams dedicated to maximizing customer operations. For more information go to: or http://lubesource.ca/

Sunoco LP Announces Definitive Agreement to Acquire the Wholesale Fuel Distribution and Terminal Business from Superior Plus Corporation

Sunoco LP LogoSunoco LP (“Sunoco”) announced today the execution of a definitive agreement to purchase certain assets from Superior Plus Corporation for approximately $40 million plus working capital adjustments. The assets consist of a network of approximately 100 dealers, several hundred commercial contracts and three terminals, which are connected to major pipelines serving the Upstate New York market. The wholesale fuels business sells approximately 200 million gallons of fuel annually through multiple channels. The three terminals have a combined 17 tanks with 429 thousand barrels of storage capacity.

The acquisition is consistent with Sunoco’s strategy of utilizing its scale to grow the core fuel distribution business and adding fee-based refined product terminals into the overall portfolio. The acquisition is subject to customary closing conditions and is expected to close in April 2018. The transaction is expected to be immediately accretive to Sunoco with respect to distributable cash flow.

About Sunoco LP
Sunoco LP is a master limited partnership that distributes motor fuel to approximately 9,200 convenience stores, independent dealers, commercial customers and distributors located in more than 30 states. SUN’s general partner is owned by Energy Transfer Equity, L.P.

VP Racing Fuels Named Official Fuel of Race of Champions

VP Racing Fuels, Inc., announced they have reached a multi-year agreement with Race of Champions management to secure Spec Fuel supply and series entitlements as Race of Champions Official Fuel, Lubricants, and Additives.

The Race of Champions is a sanctioning body presenting Modified and Stock Car racing on asphalt and dirt surfaces throughout the Northeast, with events in New York, Pennsylvania and New Jersey. The 68th annual Race of Champions weekend will take place in 2018 at Lake Erie Speedway in North East, Pa on September 27, 28 and 29. It is the second-longest consecutive auto-racing event in North America, second only to the Indianapolis 500. CLICK FOR MORE

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%
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%

Timeline3282018R2
 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

Timeline3302018Long

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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Chevron: Second Major to Move in Round 2

Chevron is the Second Major to Move in Round 2

Chevron Lubricants announced today a general increase of up to 10% on all its lubricating oils and greases. The increase is effective May 7, 2018. Chevron attributes the adjustment to the increasing costs of raw materials used in the manufacturing process.

This announcement follows ExxonMobil, the first major to move in round 2, as reported by JobbersWorld, March 23, 2018.

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

Valor Oil acquires Harper Companies of Florence, KY

Valor Oil announces the purchased of Florence, KY based Harper Oil Products, Inc. and Harper Properties, Inc. assets effective April 1, 2018.

ValorOilHarper

Left to right: Josh Emmick SVP, Gary Emmick CEO/President

“We at Valor Oil can’t tell you how excited we are to have this opportunity to continue the work of such well-respected and well -run businesses”, said Valor Senior Vice President Josh Emmick. Adding to this, Emmick tells JobbersWorld, “The acquisition helps advance Valor’s goal to be the petroleum distributor of choice in Kentucky by extending its geographic reach originally from Bowling Green to Louisville, KY on into the northern part of the State and up to Cincinnati. The Harper’s have been life-long friends of mine and I am so glad they entrusted us with this opportunity. We will offer our entire suite of product lines in this market: Branded Stores, Unbranded Stores, Tankwagon Fueling, Transport Fueling, Cardlock Fleet Sites, Chevron Lubricants, Private Label Lubricants, DEF Manufacturing, and Renegade Racing Fuels.”

ValorQuoteThe Harper family has been a prominent petroleum wholesale distributor and convenience store retailer in the Northern Kentucky and Greater Cincinnati market since 1955. Steve and Larry Harper purchased and took over operations from founder Bobby Harper in 1990 and have continued its prominence and growth in the region. Harper Oil Products, Inc. provides services to retail fueling stations, commercial, industrial, agricultural, oil heat and governmental customers with unbranded and branded fuels and lubricants. Harper Properties, Inc. operates nine convenience stores under the HOP Shops brand and one Dairy Queen Grill & Chill fast food restaurant.

Valor Oil is a 3rd generation family owned company based in Owensboro, Kentucky and is a full-line petroleum distributor. Valor will now have physical presence in Owensboro, Bowling Green, Louisville, Florence and Maysville Kentucky. Their services provide fuels, additives, lubricants, racing fuels and diesel exhaust fluid (DEF) – as well as innovative, cost-saving services – to gas stations, convenience stores, and a wide variety of businesses in the commercial, industrial, marine, mining, oil heat and farming sectors in Kentucky, Central Tennessee, Southern Indiana, Southern Illinois and Southern Ohio. With products ranging from a full line of Chevron, Petro Canada, and private label lubricants, to top tier branded gas, to high-performance racing fuels and oils, Valor Oil has become one of the premier fuel and lubricant distributors in the region. Through its company operated HOP Shop convenience stores Valor now directly serves the motoring public with clean and inviting stores providing quality gasolines and well stocked facilities at competitive prices.

AXEL ACQUIRES ROYAL MFG

AXEL Christiernsson has acquired the operating assets and the majority of other assets of Royal Mfg Co, LP. The business will now be carried forward as AXEL Royal LLC, a subsidiary of AXEL Americas LLC, building on the heritage of Royal Mfg Co, LP as a well-established supplier of lubricating greases and lubes in the US market and abroad.

The AXEL Christiernsson Group (AXEL) has expanded and become one of the leading producers and suppliers of lubricating greases in Europe, with state-of-the-art manufacturing facilities in Sweden, the Netherlands and France, and AXEL Americas, LLC is also a significant player in the US. Through organic growth and acquisitions, the company is now a leading supplier of private label lubricating greases in the global business-to-business” market.

AXELRoyalQuoteAXEL works successfully with many of the leading lubricant companies around the world and has become the largest independent manufacturer of lubricating greases in the European market, with a noticeable position in the USA since 2011. By adding Royal, we create a step change for AXEL Americas, increasing our capacity and extending our reach in the US market.

Royal Mfg Co, LP, has facilities in Tulsa, Oklahoma and Schertz, Texas. Since 1914, Royal and its predecessors have provided high-performance oils and greases to their clients. Bill Mallory, of Royal, has also successfully expanded by bringing Troco and Wright into the same structure. The Brownsville base oil terminal is not included in this transaction.

“I am pleased to see Royal becoming a part of the AXEL Group and believe our companies will work very well together, building on the knowledge and skills that prevail on both sides. Royal and AXEL are both dedicated to high-quality products and customer service. The combination will be excellent!”, said Bill Mallory, President Royal Mfg. Co LP

According to AXEL Americas President, Tom Schroeder, “Our combined customer offering will increase significantly with the capabilities of three production sites and the talents of the larger work force coming together. We will operate the business as AXEL Royal LLC to effectively bridge the transition in a transparent and structured manner. Bill Mallory will be assisting us for a period as consultant, while Jim Gott, Dr Anoop Kumar and all others in the existing team will carry forward as employees of the new company. I, with the help of our dedicated employees, look forward to leading this new organisation and making it a leading lubricating grease company in the US; much like AXEL is in Europe.”

“We are excited to take this important step to grow our platform in USA. We look forward to this great opportunity and our commitment is to offer all our customers, existing and new, remarkable products and excellent services through our talented people”, said Johan Stureson, CEO AXEL Christiernsson.

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%
Chevron 3/28/2018 5/7/2018 up to 10%

Timeline3282018R2
 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

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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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

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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