|
|
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.
|
|
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.
|
|
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.
|
|
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.
|
|
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.
|
|
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.
|
|
Contact Us With Your News |
|
JobbersWorld is all about issues impacting lubricant
distributors. You are our primary audience and you
are the ones we need to hear from. What's on your
mind? What issues would you like to see us tackle?
And what news would you like others to know about?
- News
- Mergers and acquisitions
- Promotions
- New products
- Classified
We reach out to nearly 10,000 participants in the
lubricant distribution supply chain once or twice a
week (depending on what's NEWS) and we tell it like
it is.
Please contact us via e-mail at tom_glenn@jobbersworld.com,
or direct at 732-494-0405.
Thank you
|
|
|
Publisher |
|
|