February 5, 2020
Volume 3 Issue 6
Citgo notified customers of a general price increase of up to 12 percent on branded and unbranded finished lubricants effective March 4, citing continued escalations in component, manufacturing, transportation and warehousing costs. Dallas-based private equity firm CenterOak Partners LLCs portfolio company FullSpeed Automotive acquired American LubeFast, a quick lube services provider with 50 locations in Georgia, Florida, Mississippi and Alabama. MFG Chemical is improving its manufacturing capabilities in dioctyl sodium sulfosuccinate as part of its current upgrading of its three plants in Dalton, Georgia, under its multi-million dollar Project Odyssey capital investment project. The chemical is a specialty surfactant used in many products, including lubricants.