Is this the big one, or just a sign of the times? |
Castrol announced a revision to the price
increase it previously announced on June 18th
that was due to take effect on August 4.
Marketers say the revision will move Castrol
up as
much as 26% on all package types.
According to marketers that got the news,
Castrol says the increase is necessary due to
rapidly changing market conditions and
the cost of goods escalating at an
unprecedented rate.
This revised increase will take effect on
August 4.
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Shell Kicks It Up |
Shell advised its marketers yesterday there
will be a general price increase of
14% on its lubricants. This increase takes
effect September 10, 2008.
Marketers were told this increase
is necessary due to the unprecedented
increase in costs of raw materials used in
the production and delivery of Shell
lubricants.
Vocabulary word for the day:
"Unprecedented" un·prec·e·dent·ed
: having no precedent : novel, unexampled
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Chevron - Temporary Allocation on Synthetics |
Chevron advised marketers that some
of its products containing polyalphaolefin
(PAO) will be put on temporary allocation.
According to marketers, some synthetic
lubricants will be put on allocation due to
operating difficulties
one of Chevron's primary suppliers of PAO is
having
at its North American plant. The allocation
will reportedly impact a number of synthetic
lubricants produced with PAO 40 and 100.
The allocation went into effect on July 1 and
marketers are told it should last only a few
months.
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L.E. Inc Launches Latest DUOLEC Lubricant |
Lubrication Engineers, Inc. (L.E.) announce
an addition to its range of industrial
lubricants that contain DUOLEC - L.E.'s dual
acting Extreme Pressure / anti-wear additive.
L.E.'s new 1302 DUOLEC Industrial Lubricant
has been added to the specialist product line
to fulfill the requirement for an un-dyed
superior performing oil that can take the
place of the previous LE 300 MONOLEC.
LE 1302 DUOLEC is an ISO 68 high performance
industrial oil designed for use in any
industrial gear or bearing application that
requires a thermally stable, extreme pressure
lubricant. It also meets the requirements for
use in many machine tool ways, journal
bearings in blower fans & water pumps.
L.E.'s latest industrial lubricant separates
readily from water to provide effective
lubrication when moisture is present. In most
cases, LE 1302 DUOLEC will float on top of
the cutting fluid & not emulsify. When used
on machine tool ways, this allows easy
separation of the LE 1302 DUOLEC from the
cutting fluid. It also contains non-silicone
defoaming additives which will not be removed
during oil filtration. LE 1302 DUOLEC also
meets the performance specifications for the
Cincinnati Machine P-47 amongst several
other specifications.
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