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.

Warren Distribution Announces the Promotion of Two Executives

Omaha-based Warren Distribution announced key management changes that according to owner and CEO, Bob Schlott, “will further strengthen the company’s capability to successfully pursue our growth initiatives and strategic objectives.”

curt-knappCurt Knapp has been promoted to Chief Operating Officer – Sales and Supply.  Curt worked for Warren Distribution for several years in the mid 1990s and returned in early 2015 following his holding senior positions with Sunoco, Waste Management, Safety-Kleen and Clean Harbors.  In his new position Curt has responsibility for all sales, marketing and raw material procurement functions.

donna_weeda3Donna Weeda has been promoted to Chief Operating Officer – Operations. Donna has been with Warren Distribution 31 years serving in a variety of leadership positions and having led its manufacturing operations since 2001.  In her new position she will have responsibility for all manufacturing, warehousing and distribution operations as well as Finance and IT.

About Warren Distribution:
Founded in 1922, family-owned Warren Distribution is a leading, fully-integrated blender and packager of high-quality branded and private label lubricants and chemicals for the Automotive, Commercial and Industrial markets.  Warren Distribution serves an extensive and impressive list of Retail, Distributor and Export customers from its three company-owned manufacturing plants in Council Bluffs IA, Glen Dale WV and Guntersville AL. CLICK FOR MORE

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