ExxonMobil Bumps its Price |
ExxonMobil advised its marketers on August
7th it will increase the price of lubricants
from 5 to 7%. This increase reportedly
applies to branded and unbranded lubricants
and greases and will take effect September
15, 2009.
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ConocoPhillips joins the crowd |
It looks like Friday was the day for price
increases. ConocoPhillips also announced on
August 7, 2009
the company is implementing a general
price increase on its lubricants from 6 to 9%
effective October
7, 2009. According to marketers,
ConocoPhilips says its increase is tied to
the higher cost of raw material components
used in the manufacturing of lubricants.
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BP Lubricant (Castrol) also Announced a Price Increase |
Castrol sent letters to its marketers on
August 1, 2009 advising it will increase
the price of most passenger car, commercial
and industrial lubricants by up to 6%. This
increase goes in effect October 5, 2009.
Unlike other majors, Castrol's announcement
reportedly did not speak to why it's
increasing prices. But then again, marketers,
say, does it really matter? Because in their
view, the explanations are always the same.
Due to the higher cost of base oils,
additives, and packaging.
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Go Figure - A Price Decrease at Goodwrench |
While many in the lubricants business were
announcing price increases over the past few
weeks due to a nearly $0.75 a gallon increase
in the price of base oil, GM advised its
dealers on July 30th the price of
Goodwrench Oil and its bulk ATF will be reduced
by $0.25 a gallon, effective August 1.
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Polaris Laboratories Website Raises the Bar in Oil Analysis |
POLARIS Laboratories®, a leading oil analysis
laboratory in the US, announced the
unveiling of a completely redesigned website
aimed at providing its users with a strong
foundation of both fluid analysis information
and guidance on managing an effective testing
program. The site is easier to navigate and
its technical content has been greatly
expanded to give new user's immediate answers
to their initial questions and to help
experienced users take existing programs to a
higher level. See at end of story to see the
newly redesigned website.
"The POLARIS website's new look is a
reflection of our future direction as an
innovative leader in fluid analysis," said
Jacque Powers, Director of Marketing and
Communications for POLARIS Laboratories®.
"Our focus is on building stronger, more
personal customer relationships by showing
them what they should expect from a
knowledgeable and effective fluid analysis
provider. We want them to know that the
people behind the production care about and
understand what that three ounces of fluid
means to our users."
"Our customers continually tell us that the
site is a tremendous source of technical
information - that we've become a very
reliable 'go-to' source for direction on
fluid analysis," Powers added. "So we've
added even more content on a variety of
topics from how to start a testing program to
information on our newest products like
program reviews and assessments and equipment
list management."
The site's home page now gives users direct
access to HORIZON® where they can view and
manage their fluid analysis data. The
web-based reporting application allows users
to view test results and maintenance
recommendations almost immediately after
samples are processed. The software also
provides users with access to several
management reports they can use to keep
sampling on track, pinpoint equipment
problems by make, model and manufacturer and
document data that can influence future
equipment purchases.
Headquartered in Indianapolis, POLARIS
Laboratories® has additional testing
facilities located in Houston, Salt Lake City
and Edmonton, AB. POLARIS tests oils, fuels,
coolants and metalworking fluids to help
customers improve asset reliability and
extend equipment life. For additional
information on POLARIS Laboratories®, its
testing capabilities, field services and
training opportunities, go to
www.polarislabs.com or contact Jacque Powers,
Director of Marketing and Communications, at
jpowers@polarislabs.com.
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Toyota's Migration to SAE 0W-20 Synthetics |
Toyota has been advising its dealers since
the second quart of this year that
significant change is coming. Specifically,
dealers say Toyota is telling them that over
the next several years, Toyota, Scion and
Lexus (and other manufacturers for that
matter) will slowly change to SAE 0W-20
synthetics. Dealers are told this change is
driven by more stringent emission
certifications around Corporate Average Fuel
Economy (CAFE) standards and ULEVII.
Since some of the new makes and model
requiring SAE 0W-20 synthetics are now
hitting the market, Toyota has taken the lead
in advising its dealers about what to expect.
First it says Toyota is not the only OEM to
adopt the new standard. In fact, it's telling
dealers several other OEMs already require
the new engine oil technology and many others
will by 2011.
Now for the big one - price. SAE 0W-20 does
not come cheap. In fact, dealers say they are
told 0W-20 (in cases) will cost roughly 3
times that of 5W-20 in bulk. This will
reportedly result in an increase of $23 to
$35 for a lube oil and filter change. At the
same time, dealers say higher prices are
expected as the transition takes place from
5W-20 to 0W-20,
especially since demand for 0W-20 will
initially be low and addressed with quart and
drum purchases rather than bulk. At the same
time, dealers add that Toyota says by the
years end the price differential for an oil
change with SAE 0W-20 will likely drop to
less than $20 as demand increases and supply
builds.
So what's in it for the customer?
Toyota is advising its dealers there are
several advantages gained by using SAE 0W-20.
These include enhanced engine protection at
high and low temperatures, improved fuel
economy, and reduced engine deposits. In
addition, Toyota says, IF oil drain intervals
are increased to 10K miles (something they
are reportedly studying), this alone pays for
the increased cost of oil.
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