Briefly Noted

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Phillips 66 will raise finished lubricant prices up to 10% effective Nov. 2, and Citgo Petroleum Corp. will implement a general price increase of up to 8% on branded and unbranded finished lubricants effective Nov. 2. Factors cited included recent increases in raw materials costs and escalations in component, manufacturing, and transportation costs.  As part of a planned transition for Pilot Chemical Corp., Pamela Butcher will step down from her CEO role effective Jan. 1, 2021, remaining on the company’s board of directors and serving as a special advisor to the chairman. Mike Clark, president and chief operating officer, will continue in those roles, serving as Pilot’s top executive and reporting to the board.

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