Only three days remain to sign up for Jobbers World's
Lube Day at
the POC. Over 150 lubricant marketers and
manufacturers expected to be in attendance on
September 19th in Reno. A must
attend trade show and conference for all lubricant
marketers and manufacturers! Call KIM BASSETT at
916-646-5980.
More price increases |
Shell advised its marketers yesterday that effective
immediately (September 13th) all of its branded and
private label antifreeze will increase by $0.35 a
gallon. This includes both concentrate and diluted
product.
Effective October 17, prices for Shell, Pennzoil, and
Wolf’s Head lubricants will increase 4 percent to 7
percent.
Shell was not the only one to increase the price of
antifreeze. According to a number of marketers, Old
World Industries (makers of Peak Antifreeze) just
announced a price increase of $0.70 a gallon.
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Initial Assessment of "Hurricane Katrina's" Impact on Lubes |
As detailed in the September print version of Jobbers
World, a number of lubricant marketers have been
significantly impacted by Hurricane Katrina. Some for
example lost power and communications; others
reportedly suffered significant property damage. But
most Jobbers World recently surveyed say they are
now back in operations. Retif’s fuel trucks for
example can now be seen making deliveries in the
area. Although Smitty’s had to run on an emergency
generator for close to a week, they too are now fully
operational.
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Streicher Mobile Fueling Inc. announced its acquisition of H&W Petroleum Co. |
On September 9th, Streicher Mobile Fueling (SMF)
Inc. agreed to acquire all the outstanding stock of
H&W Petroleum Co Inc . H&W Petroleum is a
wholesaler of lubricants, fuels and petroleum
products, and one of ExxonMobil’s largest lubricant
distributors in the U.S.
The deal includes SMF agreeing to pay H&W $6.3
million in cash, the assumption of an undisclosed
amount in liabilities, debt and an undisclosed amount
in profit related payments.
H&W sells an estimated 8 million gallons of lubricant a
year and generated sales of nearly $54 million in
2004. This revenue does not include the $2.6 million
in revenue from H&W’s recent acquisition of Harkrider
Distributing Co. Harking distributes dry cleaning
solvents, chemicals and petroleum products. The
combined revenue amounts to nearly two-thirds of
Streicher's $90 million in annual sales last year.
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LUBRICANT DAY AT THE POC - Don't Miss it! |
On September 19, 2005, Petroleum Trends Intl.
(publishers of Jobbers World) and the POC
have
teamed up to present one of the most
important lubricant sessions of the year. It's a must
-attend event for all lubricant marketers,
manufacturers and suppliers to each in North
America.
TO ATTEND THE LUBRICANT SESSION Call KIM
BASSETT at 916-646-5980. Or to SECURE
a
BOOTH AT THE SHOW, CONTACT: Robin Rinehart
Sales, Marketing and Conference Manager
916-646-5980
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PTI Launches New Study Ranking and Rating the Majors |
Petroleum Trends International, Inc. (PTI)
introduces The First Industrial Report
Card on Major Lubricant Suppliers in the U.S. Market,
2005.
According to PTI, this two-volume report
is a comprehensive survey and comparative analysis
of how lubricant marketers and end-users rank and
rate major manufacturers of lubricants in terms of
their products, pricing, salesmanship, support, sales
and marketing, technical and customer service, value-
added services, supply logistics, conflict resolution,
distributor relations, and a number of other key areas
of their business activity.
Specifically this report will rank and rate, and
contrast and compare both the lubricant marketer’s
and end-user’s perceptions about AGIP, American
Refining Group, BP Castrol, Chevron, CITGO,
ConocoPhillips, Elf, ExxonMobil, Petro-Canada,
Shell-PQS, Valvoline, and other lubricant
manufacturers deemed
important by marketers and end-users.
For more information, or to subscribe; contact
Petroleum Trends International, Inc. at 732-494-
0405.
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New Products Introductions |
ExxonMobil announced the introduction of its
Mobilgrease(TM) FM 220 series, a new line of high-
performance, multi-purpose greases for food and
beverage processing equipment that delivers
enhanced protection against a wide range of load,
speed, temperature and environmental conditions.
ConocoPhillips Company announced the
introduction
of 76 Triton® SynLube LDO, the most recent addition
to the supplier’s comprehensive line of long-life gear
lubricants. The newest long-drain gear lubricant was
developed to provide extended drain intervals in
heavy-duty axles, meeting a growing demand for
high-quality lubricant products that enhance the
longevity of gear sets, announced Reginald Dias,
director, commercial products, ConocoPhillips
Lubricants.
ConocoPhillips Company announced the
introduction
of Kendall Super Three Star® Synthetic Gear
Lubricant, a new, fully synthetic long-drain gear oil
for extended-drain service in line-haul truck and
other commercial axles with hypoid gear sets. This
high quality gear oil, available in two viscosity
grades, 75W-90 and 80W-140, is specially formulated
to provide long service life and extended gear life in
automotive differentials operating under varying
conditions of speed, load, temperature, and torque,
announced Reginald Dias, director, commercial
products, ConocoPhillips Lubricants.
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Lubrizol Ready Reference Now Available to Lubricant Distributors! |
For over 20 years, this expertly written lubrication
reference has been reserved for the favored
customers of the largest lubricant additive company
in the world.
Now you can own a copy!
Pacific Oil Conference: Lube Day Attendees Special
Price: $75
That's a 50% savings, if you registered for PTI's Lube
Day, Sept 19th
Find out more....
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