Conventional Base Stocks

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

March 8, 2023

Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic prod ...

Sales Up for Clean Harbors, HCC

Sales Up for Clean Harbors, HCC

March 8, 2023

Clean Harbors’ Safety-Kleen Sustainability Solutions segment and rerefiner Heritage-Crystal Clean’s oil business seg ...

Base Oil Report: Pricing

Base Oil Report: Pricing

March 1, 2023

Are falling base oil prices and the beginning of the spring season ushering in an uptick of activity in the base oil mar ...

Luberef Expansion Will Add 230,000 T/y

Luberef Expansion Will Add 230,000 T/y

February 28, 2023

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will ...

Profits Down for GS Caltex, Thai Oil in 2022

Profits Down for GS Caltex, Thai Oil in 2022

February 17, 2023

South Korea’s GS Caltex reported increased operating profit for its base oil and lubricants business in the fourth qua ...

Uzbek Base Oil Plant Progresses on Revamp

Uzbek Base Oil Plant Progresses on Revamp

February 14, 2023

An upgrade of a base oil plant in Fergana, Uzbekistan, is on track for completion by the beginning of 2024, with product ...

Handi Boosts Group III Output

Handi Boosts Group III Output

February 10, 2023

Handi Sunshine Petrochemical has begun commercial production of API Group III base oils at its expanded base oil plant i ...

Additive

U.S. Base Oil Imports Fell Sharply in November

February 8, 2023

Base oil exports from the United States were barely higher in November compared to the same month of 2021, while imports ...

Vertex Sells Heartland Rerefinery

Vertex Sells Heartland Rerefinery

February 1, 2023

Vertex Energy Inc. announced today that it has again reached an agreement to sell its Heartland used motor oil collectio ...

Trends in Base Stock Trading

Trends in Base Stock Trading

February 1, 2023

Base oil marketing expert David Whitby answers questions about the most significant base oil trading patterns of the pas ...

Base Stock Production in Latin America

Base Stock Production in Latin America

February 1, 2023

Might Latin America be on the cusp of increased base oil production capacity, or will its output dwindle in the coming y ...

Base Oil Report: Pricing

Base Oil Report: Pricing

February 1, 2023

Just when the base oil market seemed to be settling, the new year ushered in a round price decreases.

South Korea Base Oil Exports Decline

South Korea Base Oil Exports Decline

January 20, 2023

South Korea base oil exports volume fell 27%, and the declared value of the exported base oil declined 19% in December, ...

Gandhar Plans Public Stock Offering

Gandhar Plans Public Stock Offering

January 20, 2023

Petroleum products supplier Gandhar Oil Refinery has announced a plan to conduct an initial public stock offering in whi ...

Brazil Base Oils Flat in November

Brazil Base Oils Flat in November

January 4, 2023

Brazil produced 46,000 metric tons of base oil in November, close to flat compared to the same month of 2021. Meanwhile ...

U.S. Base Oil Output Down Again

U.S. Base Oil Output Down Again

January 4, 2023

Base oil production in the United States dropped to 4.4 million barrels, the third straight month that the volume was be ...

Base Oil Report: Pricing

Base Oil Report: Pricing

January 3, 2023

Despite the challenges to the base oil market in 2022, industry players are wishing for market stability during the New ...

Is the Future Bright for Bright Stock?

Is the Future Bright for Bright Stock?

January 3, 2023

Group I capacity has been dwindling for years and is expected to continue on a downhill slide. Is bright stock facing a ...