The American Petroleum Institute’s Lubricants Standards Group formally adopted API SN Plus last week but still has not set a date for first licensing. The group – along with automakers – would like that date to be May 1, but a schedule has been held up by testing related to base oil interchange and read-across rules for one of the tests in the supplemental oil category. read more
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January 17, 2018
Volume 1 Issue 3
Shell to Raise Finished Lube Prices
Shell informed U.S. customers about a price increase of up to 5 percent on finished lubricants effective Feb. 19, with different effective dates and/or price amounts in some instances. The U.S. finished lubricants market experienced three rounds of price increases during 2017. One round ranging from 3 percent to 8 percent took place from around Feb. 20 through March 20. A second round of increases, most in the range of 3 percent to 9 percent, took effect mainly from mid-May into early June. A third round of price increases took effect from early through mid-December.