
| Copyright © 2011 all rights reserved Epoxy Oilserv Nigeria Limited Home | About Us |Contact Us |Services |Shell Lubricants | Policy | News | Privacy email : info@epoxyoil.com, Lagosoffice@epoxyoil.com, PHoffice@epoxyoil.com, USAoffice@epoxyoil.com Tel:+2348053390165, +2348053390164 +44 7031923163 |
| in a letter dated January 7, 2011, Shell announced that prices for 2011. The letter went on to say that in certain instances prices for specific products may change in amounts that fall outside of this general increase. Shell stated that this adjustment is due in part to increasing cost of raw materials used in the production and delivery ofits products. To date, other US oil companies that have also announced recent price increases for finished lubes are as follows: CITGO announced it will implement a price increase of 5-8% on list and customer specific prices effective with shipments occurring on or after February 3, 2011. ExxonMobil announced that its branded and unbranded lubricants and greases will increase in price up to 8%, effective February 1, 2011 American Refining Group (ARG) announced that effective January 17, 2011, it will increase the prices of its motor oils, ATF, gear oils, greases and industrial lubricants by $0.30 to $0.40 a gallon. Tier One Lubricants advised its customers it will increase the prices of its Gulf lubricants brand products by 6 to 10% effective January 24, 2011. |
ConocoPhillips Lubricants announced it will raise prices, effective Tuesday, February 1, 2011, for finished lubricant products 5 - 8%. Chevron announced a general price increase to be effective January 24, 2011. Chevron will increase the prices of all lubricating oils, gear lubes and greases by 5%. In certain instances, specific products may increase in amounts that are outside of this general increase. Amalie announced that all its products will increase 40 cents per gallon (all greases will increase 5 cents per pound) effective January 3, 2011. Advanced Lubrication Specialties announced a price increase of approximately $0.40 a gallon on lubricants and $0.05 a pound for grease. The increase is effective January 3, 2011. Chemlube announced it will increase the price of its lubricants by $0.40 a gallon, effective after December 27, 2010. Smitty's Supply announced a price increase on its Super S, Sureguard, TriStar, Custom Plus and all other private label brands. Smitty's bulk and packaged lubricants will increase 40 cents per gallon effective January 3, 2011. Cam2 announced that all its bulk lubricants will increase 40 cents per gallon effective December 24, 2010, all packaged lubricants will increase 40 cents per gallon effective January 1, 2011, and all greases will increase 5 cents per pound effective January 1, 2011. Safety-Kleen announced that all its finished lubricant products will increase 6% - 13% effective on all shipments made on or after January 16, 2011. TruSouth advised its customers of a $0.30 a gallon increase on bulk, and a $0.35 a gallon increase on packaged products, effective January 10, 2011. US Lubricants Chalet announced that all its products will increase 40 cents per gallon (all greases will increase 5 cents per pound) effective January 3, 2011. Warren Oil announced it will increase the price of most of its conventional, synthetic blend and full synthetic lubricants, in bulk by $0.30 a gallon, effective December 18, 2010 and in packages by $0.40 a gallon effective January 10, 2010. Cross Oil Refining & Marketing announced it will increase its prices by 10 to 15% on all lubricating oils, gear oils, and greases, bulk lubricants effective December 17, 2010 and packaged lubricants effective January 7, 2011. |
| Shell Announces Increase in Lube Prices |

| Injection moulding and assembly of test tubes |

| milling Machine gearbox |

| Özkaymak transport company |