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|Warren is First Up...
Rather than one of the
majors being the first to increase prices in what looks
like another round of price increases, it was an
independent. Warren Oil Company reportedly
announced a $0.20
a gallon increase in the price of its finished lubricant.
This increase will reportedly go into effect on
|ExxonMobil Kicks it up too.
In what comes as no surprise to most of the
marketers Jobbers World speaks with, Warren’s
increase was quickly followed by one of the majors
moving. ExxonMobil announced yesterday that it will
increase the price of Exxon and Mobil branded and
unbranded lubricants and greases by an average of
5% to 9% on conventional and synthetic lubricants.
In absolute numbers this means many of its
conventional lubricants are up $0.52 a gallon and its
synthetic are bumped up $0.96 a gallon.
As usual, ExxonMobil attributes this price increase to
the higher cost of base oil, packaging, and additives.
As a harbinger of what might be lurking in the
shadows of its pricing group, ExxonMobil reportedly
its marketers that the
impact of PC-10 on pricing is still under review.
|Lyondell buys out CITGO's interest in LYONDELL-CITGO Refining
Lyondell Chemical Company and CITGO Petroleum
Corporation announced that Lyondell would buy out
CITGO's interest in the joint venture refinery known
as LYONDELL-CITGO Refining, LP ("LCR"). As a part of
this change, effective September 1, 2006, CITGO will
no longer market Tufflo Process Oils and Pale Oils
associated with the former LCR facility in Houston,
Marketers say they have been advised that effective
immediately, orders for Tufflo Process Oils and Pale
Oils that are expected to be shipped on or after
September 1st should be placed with Nynas USA,
Inc., Houston, Texas.
At the same time, however, marketers say they are
being told CITGO will continue to market all of the
White Oil products.
|CONOCOPHILLIPS LUBRICANTS INTRODUCES NEW DEXRONŽ-VI TRANSMISSION FLUID
ConocoPhillips announced the introduction of a new
DEXRONŽ-VI automatic transmission fluid (ATF) to
comply with the specification upgrades mandated by
General Motors. The new DEXRON-VI fluid will be
available beginning in August to ConocoPhillips
Lubricants customers who purchase products under
the Conoco, Phillips 66 and 76 Lubricants brands,
according to Walt Silveira, director of automotive
products, ConocoPhillips Lubricants.
“Due to the automatic transmission fluid specification
changes being implemented by GM, the new DEXRON-
VI fluid has been designed with significant
performance enhancements in comparison to
DEXRONŽ-III ‘H’ fluids,” said Silveira.
GM introduced DEXRON-VI in April 2005 as the next
generation factory fill transmission fluid for 2006
model-year trucks and cars equipped with Hydra-
Matic transmissions, which place greater demands on
fluid performance because of direct contact between
the clutches. The upgraded fluid life is significantly
longer due to improvements in oxidation stability,
friction durability, shear stability, and foam
resistance over current DEXRON-III ‘H’ fluids.
“We are pleased to be at the forefront of the
industry by offering DEXRON-VI ATF well in advance
of the expiration of the DEXRON-III ‘H’ ATF licenses.
We are continually looking for opportunities to lead
the charge in product development, meeting both
industry and customers' needs,” said Silveira.
ConocoPhillips Lubricants will continue to offer
DEXRON-III ‘H’ approved products in the marketplace
until December 31, 2006.
|Shell Bumps the Price of its Antifreeze
Shell announced that effective August 21st the price
for all Shell Lubricants branded and Private Label
antifreeze and heat transfer fluids will be moved up
by amounts up to 10%. Shell attributes this increase
to the higher cost of raw material (specifically glycol)
and changes in demand in both global and domestic
antifreeze markets. In response to the current glycol
market dynamics, Shell Lubricants is making a price
|ONLY TWO DAYS AWAY! Chevron Addresses How to Get the Most from New API CJ-4 Diesel Engine Oil at the Great American Trucking Show
Owner operators and fleet maintenance managers are
encouraged to sign up for Chevron’s free API CJ-4
seminar at this year’s Great American Trucking Show
(GATS). The presentation will take a detailed look at
the new heavy-duty diesel engine oil category and
its use with 2007 and legacy engines.
The seminar features Jim McGeehan, Chevron’s Global
Manager of Diesel Engine Oil Technology, SAE Fellow,
Chevron Fellow and Chairman of the American
Society for Testing and Materials (ASTM) Heavy Duty
Engine Oil Classification Panel, along with other
Chevron experts who will address key 2007
commercial automotive emissions and related engine
Chevron is committed to providing information on
critical industry issues and is regularly asked to share
its expertise at industry events. “As the trucking
industry awaits the introduction of the new API CJ-4
engine oil, Chevron is working to provide the
information needed to understand the full scope of
the new oil and the impact it will have on the
market,” explains McGeehan. “Seminars like this are
one way for Chevron to directly address customer
and industry concerns as we make the transition to
Title: “On the Road to 2007 Low Emissions with API
Speaker: Jim McGeehan, Chevron’s Global Manager of
Diesel Engine Oil Technology, SAE Fellow and
Chairman of the American Society for Testing and
Materials (ASTM) Heavy Duty Engine Oil Classification
Date: August 24Time: 10:00 a.m. to 12:00
Location: Room 167 of the Dallas Convention Center
Cost: Free, but register to guarantee a seat
Show: Great American Trucking Show
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