Lubricants News and Updates

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Lubricants (4)

Ethylene Glycol Demand Driving up Antifreeze Costs - Again

Antifreeze prices will be going up for all major suppliers this Spring due to the rising price of Ethylene Glycol. Ethylene Glycol is the main componant of automotive antifreeze - but it is also used in the manufacture of plastics and resins, including plastic soda bottles and it is also used in some medical applications. The increase in demand, especially for manufactured plastics as a result of economic expansion in countries like China has made global prices continue to climb.

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Don't Forget to beat the DEF Increase!

Just a reminder on beating the DEF increase coming April 1st......As you know, this is the time of year where we start seeing increases in the DEF market.  1/3 of DEF is comprised of Urea. The reason this time of year causes an uptick in DEF prices is that Urea's primary use is as fertilizer in the agricultural sector, and competition for urea reflects on the commodities market side, and that results in an increase in its cost.

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