Jobbers World Online News Briefs is a service
to Subscribers to the Jobbers World Newsletter.
Is ExMo "Out" of PAO? |
Although unconfirmed by ExMo, there are now many
whispers on the street that say ExxonMobil Chemical
will exit the merchant PAO business by the
end of
the year.
The reasons for the whispers are that ExMo
has reportedly been making it increasingly difficult for
customers to source PAO from them since early in
the year. In some cases contracts were reportedly
not renewed due to what was described to
customers as “tight supply.” In other cases
buyers say contracts were renewed with price
increases close to
20%. And when asked about ExMo’s new demeanor,
some were told they might want to consider seeking
alternative PAO supply. And that is exactly what
some of its customers have done.
So although it may
be no more than rumor, if its
customers are seeking
alternative PAO (or Group III) supply, the perceptions
that ExMo is existing the merchant PAO
business may become
a reality. And if it does, you can be sure the supply
of PAO will get much tighter.
|
More price increases! |
Again, it what comes as no shock to anyone in this
industry, when one moves on price it seems to be
only
a matter of time before others do the same. Now its
Petro-Canada, Citgo, and Castrol.
Petro-Canada announced a price increase of $0.48 a
gallon for its lubricants. With the exception of its ATF
(which also went up $0.48 a gallon), its synthetics
reportedly increased by $0.92 a gallon. Greases are
said to be up $0.13 a pound. The good news is that
the price of its process oils will reportedly remain
unchanged.
CITGO will reportedly increase prices on CITGO,
Mystik and unbranded and private label finished
lubricants. These increases will be effective after
October 30, 2006. The increase will be from 6% to
10%.
Castrol's increases include a bump of $0.56 a gallon
in the price of its packaged conventional engine oils
and $0.52 a gallon in bulk. It's mid- and top-tier
PCEOs (high mileage, blends, and synthetics),
reportedly went up $0.60 a gallon for packaged and
$0.52 in bulk.
Based on the direction the price of crude oil
has been tracking over the past month and the
reasons given for the most recent round of price
increases (higher crude prices), it will be interesting
to see if any of the majors rescind, or modify their
price increases.
|
ConocoPhillips Lubricants Introduces Kendall SHP |
ConocoPhillips Lubricants, announced the
introduction of Kendall SHP Synthetic Transoil 50, a
full synthetic manual transmission oil specifically
formulated to meet the new Eaton Roadranger PS-
164 Rev 7 specification. This new Kendall Motor Oil
product meets a recent demand for high-quality
manual transmission oils for heavy duty trucks
operating under diverse conditions, according to
Reginald Dias, director, commercial lubricants,
ConocoPhillips Lubricants.
"We identified an immediate opportunity in the
marketplace to offer our customers a manual
transmission oil that will exceed current performance
in areas such as oxidation stability, wear protection
and performance in high-temperature environments,"
says Dias. "As the demands on equipment increase, it
is important that products are made available to not
only promote performance, but also offer increased
protection from the elements. ConocoPhillips
Lubricants is dedicated to continually offering
products that meet new industry specifications while
exceeding our customers' needs.”
The new Eaton manual transmission lubricant
specification, PS-164 Rev 7, replaces previous
specifications while setting higher performance
standards for oils used for 500,000 mile drain service
in Eaton transmissions under extended warranty. An
increased need for gear pitting protection, reduced
wear, increased oil oxidation stability and enhanced
component cleanliness forced the Original Equipment
Manufacturer (OEM) to upgrade to this new
specification. Eaton recommends use of this
upgraded oil in its new transmissions and also in older
transmissions for extended warranty coverage.
Kendall SHP Synthetic Transoil 50 will replace Kendall
Motor Oil’s heritage synthetic manual transmission oil,
Kendall SHP Synthetic Manual Transmission Gear
Lubricant 50. This new product will provide benefits
such as increased protection against pitting and
engine wear, improved thermal stability and
component cleanliness, and the capability to reduce
operating temperature in manual transmissions. In
addition, it is fully compatible with the existing
products that it will replace and may be used as
make-up oil or for complete oil change in the Eaton
transmissions. Due to revised technology, users will
notice a color change from purple to a natural amber
color in the new Kendall SHP Synthetic Transoil 50
transmission oil.
|
|
Please Support our Sponsors
Lubricant Market Research
|