Paraffinic Group III

U.S. Hits Lowest Base Oil Production Since Great Recession

U.S. Hits Lowest Base Oil Production Since Great Recession

November 2, 2020

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they ...

Redrawing the Map for Base Oils

Redrawing the Map for Base Oils

November 2, 2020

The onset of the coronavirus pandemic was like a mighty gust of wind that blew asunder the many ships sailing the seas o ...

SK Makes Group III from Plastics

SK Makes Group III from Plastics

October 16, 2020

SK Innovation said Sunday that it has developed a process to make API Group III base stocks from pyrolysis oil extracted ...

SK’s Q2 Profits, Sales Fall

SK’s Q2 Profits, Sales Fall

July 31, 2020

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings repo ...

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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 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 ...

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The Cost of Using Group III

July 22, 2019

With engine oils based on Group III picking up market share and the cost of approvals rising, discontent is bubbling up ...

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 ...

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Petronas Plans to Double Group III Supply

April 12, 2019

Petronas aims to double its supply of API Group III base oils within four years, a top official with its international l ...

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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 ...

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SK Forecasts Rising Group III Demand

March 12, 2019

The worlds thirst for API Group III base stocks should continue to grow in coming years, as requirements for light-duty ...

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 ...

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Speaker Forecasts Shift to Group II+, Group III

September 19, 2018

Efforts to improve fuel economy and reduce emissions will continue pushing United States engine oils towards lower visco ...

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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 ...