Castrol Industrial Appoints New Americas President |
Castrol Industrial North America Inc.
("Castrol Industrial") announces that Dave
Fuerst will assume leadership of its
industrial fluids and lubricants business for
the Americas region effective immediately.
Fuerst has been a member of the Castrol
Industrial leadership team for the past four
years in a variety of sales director roles,
the most recent being Area Director US East &
Canada, since joining Castrol in 1997. Fuerst
started his career with Castrol as a Regional
Business Manager, and then moved into a Key
Account Director role, and Area Director -
West, while also supporting organizational
development responsibilities.
He brings a wealth of experience from his 10
years at Mobil Chemical, where he held
operational and P&L management roles linked
to chemical manufacturing, supply chain,
customer care, and sales management. Fuerst
has a very strong track record of
successfully implementing changes and
aligning business deliverables with customer
expectations all through people leadership
and sound strategic thinking.
"Castrol Industrial has some of the most
talented and passionate employees that I have
worked with and I'm honored to have been
given the responsibility to lead this
organization as we continue to move forward
on our new growth agenda. We have strong
relationships with our customers and
distributors and by reducing complexity and
aligning our capabilities with our customers'
needs, we can address the many challenges
that we all face in these difficult times."
"I have every confidence in Dave leading this
business forward successfully. His business
acumen will serve us well, and he will also
bring great personal qualities of motivation,
calm and determination to energize our teams
in the Americas" stated Laurence Mulliez, CEO
Industrial Lubricants and Services globally.
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Castrol Announces Lubricant Price Decrease |
Castrol advised its
marketers today about a
retroactive decrease on posted prices of
$0.44 a gallon on conventional lubricants and
$0.45 a gallon on synthetics. This decrease
applies only to product purchased in bulk,
tote, drum, and kegs. A price decrease
of $0.44 a gallon will reportedly go into
effect on January 5, 2009.
Marketers say it's important to note that
Castrol's decrease includes the Nov 3rd
adjustment and is not in addition to those
rates.
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North American Lubricants Decreases Prices and Tells Why |
North American Lubricants, Co. ("NAL") has
announced a national price decrease for its
branded lubricant distributors and national
accounts. Although specific details of the
decrease were communicated to its customer
base, NAL President Shane Terry told
JobbersWorld "Our general NAL distributor
decrease, depending on the region and
product, averaged near 8%. We passed on
reductions on a few commercial and industrial
products up to 15%."
Due to the softening of raw material costs,
NAL announced a price reduction on all
orders placed on or after December 3, 2008.
NAL says, this needed relief was made
possible by the
improvement in U.S. base oil production and
inventories, which have struggled to return
to normal levels after experiencing
substantial supply interruptions caused by
Hurricanes
Gustav and Ike. Tight base oil inventory
levels and record base oil crack spreads (refiner
profit margins) delayed softening of finished
lubricant prices as crude oil values steadily
declined. As the base oil market's volatility
appears to be subsiding, additive,
transportation and packaging costs remain at
escalated levels.
NAL President Shane Terry stated, "We are
very pleased to pass through this needed
decrease to our customers throughout the
nation. After the unprecedented volatility we
have seen in 2008, a little good news goes a
long way." Terry continues, "Beyond
pricing, we will continue to work hard to
deliver new solutions that provide tangible
economic benefits. We are working closely
with our distributor and fast lube customer
base on product and sales training programs,
developed to enhance their profitability and
capitalize on market opportunities. Our
growing, premium product line is designed to
maximize the bottom line of any business."
Through their 44 state distribution network,
Terry says NAL offers PureGreen lubricants
(an earthfriendly
product line), Puratech Multi-Vehicle ATF,
Puratech Supreme Motor Oil,
Puratech Syn-Blend Motor Oil, Puratech
Hi-Mile Motor Oil and Puratech PureSYN
Motor Oil (now available in quarts) in their
profit boosting line-up.
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