Amalie announced an across the board increase of $0.24 per gallon for all its lubricant brands as well as private labeled products. In addition, it will increase the price of its grease products by $0.03 per pound, both effective June 27, 2016. Amalie attributed its price increase to the higher cost of additives, base oils, corrugated, plastic and transportation.
Also, Warren Oil announced a price increase of $0.15 per gallon for its bulk lubricant brands and $0.20 per gallon for its packaged lubricants. Warren Oil also said it will increase the price of its greases by $0.03 per pound.
Also, in a letter dated May 31, 2016 to certain Castrol Industrial Distributors, Castrol stated it will temporarily increase prices on certain products by approximately 12% on July 1, 2016. Castrol stated that this increase was "due to an extraordinary market situation regarding a key lubricant additive". OEM/Lube News was later advised that this advised price change is a very limited and targeted one, supposedly to about 10% of their industrial products, focused on neat oils, their range of syn- and semi-syn specialist cutting fluids and tempering oils, and not PCMO and HDMO.
Within the past couple months, several other independent lubricant manufacturers, including Warren Distribution, Cam2, Smitty's Supply, and Chemlube, have announced price increases.