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JobbersWorld Archives
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JOBBERSWORLD...MARKET INTELLIGENCE FOR INTELLIGENT MARKETERS...
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BIS Issues Order Temporarily Denying The Delfin Group and Its President Export Privileges
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The Bureau of Industry and Security, U.S. Department of Commerce, through its Office of Export Enforcement (OEE), issued an Order temporarily denying the Delfin Group USA LLC, and it's president, Markos Baghdasarian , for a period of 180 days, the export privileges under the Export Administration Regulations. The Order was effective February 25, 2012.
According to the BIS Order, the OEE presented evidence that beginning in or about mid-2010, and continuing thereafter, Delfin Group USA LLC and its president, Markos Baghdasarian, conspired with multiple entities and individuals, including entities and individuals located in the United Arab Emirates (UEA) to export U.S.-origin items subject to the Regulations from the United States to Iran, via transshipment through the UAE, without obtaining the required authorization from the U.S. Government.
In addition, the Order says the OEE presented evidence that Delfin and Baghdasarian used Bagdel Corporation, a freight forwarding company, to facilitate the export and attempted export of the items-polymers and lubricating oils or oil additives, including aviation engine lubricating oils-from the United States to Iran via the UAE. Baghdasarian is also the chief executive officer of Bagdel.
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Holly Ups Paraffinic Base Oil Prices
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Holly announced an across the board price increase on paraffinic base oils of $0.30 a gallon. The increase is effective March 22. Holly is an API Group I base oil producer.
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Nynas Raises Pale Oil Prices by $0.35 a gallon
| Nynas announced an increase in the price of its pale oils by $0.35 a gallon. The increase is effective March 15, 2012.
This increase is one in a list of recently announced increases in naphthenic base oil prices. Others include:
San Joaquin Refining - up $0.20 to $0.25 a gallon
Calumet - up %0.25 a gallon
Cross Oil - up $0.25 a $0.35 a gallon
Ergon - up 0.28 a gallon
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Base Oil Spreads | Although there are many factors a base oil manufacture takes into account prior to announcing a price increases, one of the most visible is the spread between the price of crude oil and base oil. When the spreads are large, there is typically little impetus to increase base oil prices. When the spread contracts, however, there is often pressure to push through price increases.
Understanding Holly was the first to move paraffinic base oil prices up in over six months, it's interesting to see that the spread over the last few weeks has been below the average since the start of 2011. In addition, the spread is nearing levels seen when base oil suppliers announced their last round of price increases.
Again, where there are many factors that drive decisions to increase base oil prices, the crude/base spread can be very telling.

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CLASSIFIEDS
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Lubricating Specialties Company
Lubricants and Fluids Sales position in the Central California market
Lubricating Specialties Company a well-established, leading blender and packager of oils, greases and industrial fluids on the West Coast, is seeking highly motivated and creative sales candidate. LSC is seeking to fill a Territory Sales Manager position in the Central California area. The successful candidate will be responsible for outside oil, grease and industrial fluid sales to an existing base of independent Jobbers. Duties will also include expanding the current customer base by adding new accounts and expanding product offerings in those accounts.
LSC offers an excellent salary package including commission, health insurance, 401k, fuel and cell phone reimbursement. Qualified candidates may submit resume to: acastillo@lubespecialties.com
Grade A Petroleum, a leading lubricant distributor in the Greater New York Metropolitan area, is seeking experienced and talented lubricant salespeople to join our team to market several major brands, including BP/Castrol and Conoco/76/Kendall. Applicants must be skilled in sales to both HDEO and PCEO market segments and willing and able to aggressively develop sales in lower New England, Northern NJ, New York City & Long Island. Position includes a base salary, benefits, commission & performance spiffs.
Please send resumes to mrobles@gradealube.com, www.gradealube.com.
North American Lubricants, Co.
Installed Market Specialist
North American Lubricants is the premier independent supplier of bulk lubricants to the professional installed market. The Installed Market Specialist is responsible for all buyback sales to lubricant and functional fluid installers within a defined territory, including; quick lubes, car dealers, automotive repair chains, and service facilities. They must be able to consistently grow profitable business by concurrently prospecting, creating marketing campaigns, maintaining existing business, traveling, and closing new business in accordance with the NAL Marketing Plan. Scottsdale, AZ based position, great benefits & compensation plan ($50,000 base + uncapped commissions) www.nalube.com
Please send cover letter and resume to tpeterson@nalube.com
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Written and published by experts, Jobbers World is brought to you by Petroleum Trends International, Inc.
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2012 Petroleum Trends International, Inc.
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