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Is this the big one, or just a sign of the
times? |
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Castrol announced a revision to the price
increase it previously announced on June
18th that was due to take effect on August
4. Marketers say the revision will move
Castrol up as much as 26% on all package
types.
According to marketers that got the news,
Castrol says the increase is necessary due
to rapidly changing market conditions and
the cost of goods escalating at an
unprecedented rate.
This revised increase will take effect on
August 4.
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Shell Kicks It Up |
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Shell advised its marketers yesterday there
will be a general price increase of 14% on
its lubricants. This increase takes effect
September 10, 2008.
Marketers were told this increase is
necessary due to the unprecedented
increase in costs of raw materials used in
the production and delivery of Shell
lubricants.
Vocabulary word for the day:
"Unprecedented" un·prec·e·dent·ed :
having no precedent : novel, unexampled
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Chevron - Temporary Allocation on Synthetics |
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Chevron advised marketers that some of its
products containing polyalphaolefin (PAO)
will be put on temporary allocation.
According to marketers, some synthetic
lubricants will be put on allocation due to
operating difficulties one of Chevron's
primary suppliers of PAO is having at its
North American plant. The allocation will
reportedly impact a number of synthetic
lubricants produced with PAO 40 and 100.
The allocation went into effect on July 1
and marketers are told it should last only a
few months.
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Contact Us With Your News |
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or direct at 732-494-0405.
Thank you.
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L.E. Inc Launches Latest DUOLEC Lubricant |
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Lubrication Engineers, Inc. (L.E.) announce
an addition to its range of industrial
lubricants that contain DUOLEC - L.E.'s dual
acting Extreme Pressure / anti-wear
additive.
L.E.'s new 1302 DUOLEC Industrial
Lubricant has been added to the specialist
product line to fulfill the requirement for
an un-dyed superior performing oil that can
take the place of the previous LE 300
MONOLEC. LE 1302 DUOLEC is an ISO 68 high
performance industrial oil designed for use
in any industrial gear or bearing
application that requires a thermally
stable, extreme pressure lubricant. It also
meets the requirements for use in many
machine tool ways, journal bearings in
blower fans & water pumps.
L.E.'s latest industrial lubricant
separates readily from water to provide
effective lubrication when moisture is
present. In most cases, LE 1302 DUOLEC will
float on top of the cutting fluid & not
emulsify. When used on machine tool ways,
this allows easy separation of the LE 1302
DUOLEC from the cutting fluid. It also
contains non-silicone defoaming additives
which will not be removed during oil
filtration. LE 1302 DUOLEC also meets the
performance specifications for the
Cincinnati Machine P-47 amongst several
other specifications.
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