United States quick lubes’ average ticket totals crossed the $71 mark and the average number of oil changes and cars serviced daily increased, but average yearly sales per store declined by almost 7 percent from 2015, National Oil & Lube News reported. Read More
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Although global demand for finished lubricants will grow minimally over the next five years, parts of the industry do offer opportunity for marketers, especially premium lubes used by several industries, a consultant from Kline & Co. forecast at the North American Industrial Lubricants Congress in Chicago last week. Read More
Original Parts Warehouse of Vaughan, Ontario, will distribute lubricants for Total Canada. Effective Oct. 1, Oxea will raise prices on NPG by €100 per metric ton and TMP by €80/t in Europe. The chemicals are used in synthetic lubricants.