Price Increase on Cenex® Branded Lubricants and Grease
Due to the continued impact of escalating base oils, additives, and packaging costs over the past two months, CHS Lubricants initiated a price increase on finished Cenex® branded lubricant and grease products shipped on or after June 20, 2022.
As per previous communications, the majority of bulk and packaged Cenex lubricants pricing will increase by $0.65 cents/gal including Solvents and packaged Drip Oil. Chain Bar oil will increase by $0.40 cents/gal. All Cenex branded greases will increase by $0.25 per pound. Bulk Drip Oil will not change as it was increased on May 27, 2022.
CHS Lubricants will again apply Price Increase Relief Credit (PIRC) amounts, at $0.65 cents/gal, to customer accounts to provide pre-price increase lube oil ordering for 15% more than your past fiscal year average monthly wholesale purchases.
The PIRC will be in place from now through July 19, 2022, and will not be extended. To streamline the credit process, the PIRC will be automatically applied to your CHS account, reducing the cost of your future purchases and will appear at the bottom of your invoice on a per-gallon basis, until the credit amount is fully used.
Please contact your CHS Lubricants District Manager with questions regarding your maximum PIRC allocation or this increase.
