Jobbers World News
June 24, 2008

  • ExMo up a Whopping 50 Cents a Gallon on Basestocks
  • ConocoPhillips Announces Upgrade To-4 Fluids
  • Let us know what you think
  • Contact Us With Your News

  • ExMo up a Whopping 50 Cents a Gallon on Basestocks

    ExxonMobil announced on Friday, June 27th that effective July 1, 2008, it will increase its bulk wholesale price for 100, 150, 275 and 330 solvent neutral by 50 cents a gallon. The heavier grades (600 and bright stock are moving up by 35 and 45 cents a gallon, respectively.

    Some speculate this increase is a function of the widening spread between diesel and the basestocks. In addition, inventories are currently low.

    Let us know what you think about this increase and what many marketers are saying is "out of control costs." We will publish a consolidated summary of those opinions in the next issue of JobberWorld Online.

    ConocoPhillips Announces Upgrade To-4 Fluids

    ConocoPhillips Lubricants announced last week that the upgrade of its TO-4 transmission oil products line to meet the increasing demands for higher performance fluids in today's heavy duty machinery. As part of the upgrade, the current line featuring Conoco PowerDrive Fluid, Phillips 66 Torque Fluid, 76 Lubricants HT/4 Fluid and Kendall Powershift Transmission Fluid will be enhanced with a state-of-the-art additive technology that provides better equipment protection and improved performance while increasing productivity through reduced equipment maintenance and related downtime, according to Reginald Dias, Director, Commercial Products Lubricants, ConocoPhillips Company.

    "We're pleased to be the leader in the industry to recognize the evolving needs of today's heavy duty equipment operators, and proactively address the wear and tear that modern machinery endures with our advanced additive technology," said Dias. "ConocoPhillips Lubricants' upgraded transmission fluids not only meet or exceed the current industry specifications; they also provide elevated performance in friction control, load carrying capacity and the protection of hydraulic systems."

    The new TO-4 fluids come in several different viscosity grades for use in the final drive gear box (heavy), transmission (medium) and hydraulics (light) systems. The revised fluids directly replace the previous generation fluids and set a higher performance standard for lubricants used in loaders, graders, dozers, large trucks and other off-highway machinery, including construction, extraction and mining. The product upgrade was specifically designed to increase productivity and safety while eliminating downtime and maintenance needs. The upgraded TO-4 fluids will be available starting end of June.

    "ConocoPhillips Lubricants identified a need for upgrading these transmission oils, expanding their capabilities and, most importantly, meeting our customers' needs," adds Dias. "Ultimately, these lubricants will help our customers become more successful by keeping their machines in optimum working order longer."

    Let us know what you think

    In last week's issue of JobbersWorld's Online News Brief we asked marketers to let us know what they think about ExxonMobil's Mobil 1 ESP being available only at Mercedes-Benz dealerships, and apparently for a period of time being the only oil meeting Mercedes newest specification. See link below for the complete story.

    What follows are comments that best reflect the opinions of most that contacted JobbersWorld with regards to this story. Note: The opinions expressed below are those of the authors and do not necessarily reflect the positions of JobbersWorld or Petroleum Trends International, Inc.

    *It would seem the Magnuson Moss Warranty Act applies if the only product that meets Mercedes spec is Mobil 1 ESP and it's only available at a Mercedes Dealer. Has anyone looked into this?

    *Other brands are just now getting approval for the Mercedes 229.51 specification for 5W-40.

    *The same is happening with the new BMW spec of Syn 10w60 for some of their '08 models. I was told that I can only buy it at a BMW dealer. Distributors can't get any. They said that BMW is importing directly from Castrol in Europe.

    Contact Us With Your News

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