Ergon Inc. announced that it will increase prices of naphthenic oils in the North American market by USD0.25 per gallon, effective Friday, July 31, 2020. The increase will apply to all viscosity grades.
Ergon’s last price adjustment was on April 24, 2020, when it announced that it was dropping prices of naphthenic oils in the North American market by USD0.35 per gallon.
Ergon, based in Jackson, Mississippi, U.S.A. is a group of privately held companies that operate under seven primary business segments: Refining & Marketing, Specialty Chemicals, Asphalt & Emulsions, Oil & Gas, Midstream & Logistics, Construction & Real Estate, and Corporate & Other. Ergon has a production capacity of up to 26,500 barrels per day (bpd) of severely hydrotreated naphthenic specialty products.