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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 |
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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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