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ExMo up a Whopping 50 Cents a Gallon on
Basestocks |
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ExxonMobil announced on Friday, June 27th
that effective July 1, 2008, it will
increase its bulk wholesale price for 100,
150, 275 and 330 solvent neutral by 50 cents
a gallon. The heavier grades (600 and bright
stock are moving up by 35 and 45 cents a
gallon, respectively.
Some speculate this increase is a function
of the widening spread between diesel and
the basestocks. In addition, inventories are
currently low.
Let us know what you think about this
increase and what many marketers are saying
is "out of control costs." We will publish a
consolidated summary of those opinions in
the next issue of JobberWorld Online.
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ConocoPhillips Announces Upgrade To-4 Fluids |
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ConocoPhillips Lubricants announced last
week that the upgrade of its TO-4
transmission oil products line to meet the
increasing demands for higher performance
fluids in today's heavy duty machinery. As
part of the upgrade, the current line
featuring Conoco PowerDrive Fluid, Phillips
66 Torque Fluid, 76 Lubricants HT/4 Fluid
and Kendall Powershift Transmission Fluid
will be enhanced with a state-of-the-art
additive technology that provides better
equipment protection and improved
performance while increasing productivity
through reduced equipment maintenance and
related downtime, according to Reginald
Dias, Director, Commercial Products
Lubricants, ConocoPhillips Company.
"We're pleased to be the leader in the
industry to recognize the evolving needs of
today's heavy duty equipment operators, and
proactively address the wear and tear that
modern machinery endures with our advanced
additive technology," said Dias. "ConocoPhillips
Lubricants' upgraded transmission fluids not
only meet or exceed the current industry
specifications; they also provide elevated
performance in friction control, load
carrying capacity and the protection of
hydraulic systems."
The new TO-4 fluids come in several
different viscosity grades for use in the
final drive gear box (heavy), transmission
(medium) and hydraulics (light) systems. The
revised fluids directly replace the previous
generation fluids and set a higher
performance standard for lubricants used in
loaders, graders, dozers, large trucks and
other off-highway machinery, including
construction, extraction and mining. The
product upgrade was specifically designed to
increase productivity and safety while
eliminating downtime and maintenance needs.
The upgraded TO-4 fluids will be available
starting end of June.
"ConocoPhillips Lubricants identified a need
for upgrading these transmission oils,
expanding their capabilities and, most
importantly, meeting our customers' needs,"
adds Dias. "Ultimately, these lubricants
will help our customers become more
successful by keeping their machines in
optimum working order longer."
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Let us know what you think |
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In last week's issue of JobbersWorld's
Online News Brief we asked marketers to let
us know what they think about ExxonMobil's
Mobil 1 ESP being available only at
Mercedes-Benz dealerships, and apparently
for a period of time being the only oil
meeting Mercedes newest specification.
See link below for the complete story.
What follows are comments that best reflect
the opinions of most that contacted
JobbersWorld with regards to this story.
Note: The opinions expressed below are those
of the authors and do not necessarily
reflect the positions of JobbersWorld or
Petroleum Trends International, Inc.
*It would seem the Magnuson Moss Warranty
Act applies if the only product that meets
Mercedes spec is Mobil 1 ESP and it's only
available at a Mercedes Dealer. Has anyone
looked into this?
*Other brands are just now getting
approval for the Mercedes 229.51
specification for 5W-40.
*The same is happening with the new BMW
spec of Syn 10w60 for some of their '08
models. I was told that I can only buy it at
a BMW dealer. Distributors can't get any.
They said that BMW is importing directly
from Castrol in Europe.
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Contact Us With Your News |
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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?
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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.
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