Hongrun Petrochemical Technology Co. has commissioned a white oil project that includes an API Group III plant at its oil refinery in Weifang, Shandon ...
Despite soft demand due to economic uncertainties affecting several countries in Asia, some base oil prices have edged up because of tightening condit ...
With implementation of Extended Producer Responsibility looming, what challenges might the Indian rerefining market be facing?
Brazil’s growing car parc as well as advances in vehicle technology have reshaped base oil demand in the country. Is this a trend that is likely to ...
A Dutch startup may have discovered a new, more sustainable way to manufacture fatty acids using food waste as a feedstock.
The first weeks of 2024 ushered in a wave of posted price decreases. Which factors are swaying market dynamics in the first quarter?
The first signs that base oil demand might be starting to perk up emerged during the week, but it was still too early to ascertain whether this meant ...
Renewable base stock supplier Novvi emerged from voluntary bankruptcy last week with a new ownership structure and a capital infusion aimed at helping ...
United States base oil production declined 8% in November, compared to the same month last year. November’s output totaled 4.3 million barrels, comp ...
Italian refiner Eni stated Monday that the base oil plant at its Livorno, Italy, fuels refinery will close permanently when the site converts to refin ...
The Middle East situation intensified further the past week as the United States directly accused Iran of being responsible for proxy attacks in Jorda ...
Shell last week announced plans to convert a fuels refinery in Wesseling, Germany, to produce API Group III base oils. The company will cease fuels pr ...
Base oil demand remained generally sluggish in Asia, with suppliers finding difficulties in explaining the reasons for the lack of vitality. Some attr ...
While recession fears seemed to have subsided in the United States, economic uncertainties and ongoing geopolitical conflicts appeared to be still imp ...
The effects of ships avoiding the Red Sea are becoming more apparent as the days go by, with governments and operating companies realizing the complic ...
South Korea’s base oil export volume jumped 27% in December, and the declared value of the oils exported was up 29%, according to government data re ...
Uzbekistan’s refiner and base oil marketer Saneg revamped API Group I base oil production at its Fergana refinery with catalysts provided by the Dan ...
Despite expectations that the ongoing transportation disruptions in the Red Sea and delays in the Panama Canal would place upward pressure on base oil ...
There are good reasons why North America produces relatively little API Group III base oil – far less than required by the region’s finished lubri ...
Shipping and logistical difficulties continued to draw the attention of market participants, although domestic supplies have been unaffected by geopol ...
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