Paraffinic Group II

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Petrobras May Add Group II Production

January 22, 2020

Brazilian state-run oil company Petrobras is seeking to add API Group II base oil production in the country through new ...

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Panelists Encourage ILSAC-ATIEL Cooperation

January 1, 2020

The world's two leading engine oil specification groups have developed a closer working relationship in recent years, wh ...

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Base Oil Quota Pressures European Market

December 10, 2019

Following the European Commissions adoption last month of a quota on duty-free API Group II base oil imports, industry s ...

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Base Oil Margins Squeezed by Glut

October 16, 2019

Global finished lubricant demand isn't keeping up with expanding base oil supply, threatening the cash margins of minera ...

Group I Still Valuable in Shifting Market

Group I Still Valuable in Shifting Market

September 18, 2019

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance ...

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Asian Markets Shifting to Group II, III

August 2, 2019

The Asia-Pacific region is shifting rapidly toward increased use of highly refined base stocks as lubricant marketers ta ...

Base Oil Capacity Overhang to Shape Market

Base Oil Capacity Overhang to Shape Market

July 10, 2019

Its not an industry secret that the discrepancy between base oil production capacity and finished lubricants demand is g ...

Chevron to Make Group III for Neste

Chevron to Make Group III for Neste

June 26, 2019

Chevron announced it has agreed for its Richmond, California, base oil plant to begin making API Group III oils that Fin ...

Shipping Base Oils to Where They Aren’t

Shipping Base Oils to Where They Aren’t

March 20, 2019

Regional imbalances in base oil supply and demand lead to large volumes being shipped all over the globe. The pattern of ...

U.S. Base Oil Output Hits 20-year High

U.S. Base Oil Output Hits 20-year High

March 20, 2019

United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to c ...

IMO 2020 Forecast to Impact Base Oils

IMO 2020 Forecast to Impact Base Oils

March 6, 2019

Vessel operators and oil marketers are girding for the impacts that IMO 2020 will have on shipping and marine lubricants ...

Rotterdam Plant Starts Commercial Production

Rotterdam Plant Starts Commercial Production

February 26, 2019

ExxonMobil announced Thursday that its new base stock plant in Rotterdam has begun commercial production, marking the op ...

Bright Stock Supply Shrinks

Bright Stock Supply Shrinks

January 31, 2018

Global bright stock demand was 2.7 million tons in 2017, but is expected to decline by approximately 250,000 tons by 202 ...

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Group II, III Continue Growth

October 9, 2013

API Group III base oil will enjoy the strongest base stock demand growth through 2017, followed by Group II, consultancy ...

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Groups I, II Battle for Market Dominance

January 9, 2013

Over the next five years, the lube industry will see a fierce battle between API Group I and II base oils for market dom ...

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Towering Expansion Planned at Port Arthur

July 7, 2004

Motiva Enterprises announced last week an expansion that will increase capacity at its Port Arthur, Texas, Group II base ...