Paraffinic Group III

Base oil supply in the United States has been down throughout most of 2020 thanks to the COVID-19 pandemic, but prices have fallen and risen due to sh ...

Gazprom Neft is continuing with a project to add API Group II and III capacity to it refinery in Omsk, Russia, but the site has already begun making l ...

Refiners in the United States produced 25.9 million barrels of base oils in the first half of 2020—10% below what they churned out from January to J ...

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

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

SK Lubricants posted steep decreases in operating profit and sales for the second quarter, according to an earnings report filed this week by SK innov ...

The world's two leading engine oil specification groups have developed a closer working relationship in recent years, which will enable new developmen ...

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

API Group II base oil has overtaken Group I in terms of global production capacity and will likely continue to distance itself in coming years, but Gr ...

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

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

Its not an industry secret that the discrepancy between base oil production capacity and finished lubricants demand is growing, and that the current o ...

Chevron announced it has agreed for its Richmond, California, base oil plant to begin making API Group III oils that Finnish refiner Neste Corp. will ...

Petronas aims to double its supply of API Group III base oils within four years, a top official with its international lubricants arm said recently, s ...

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

United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to churn out 67.3 million barrels ...

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

Vessel operators and oil marketers are girding for the impacts that IMO 2020 will have on shipping and marine lubricants, but an industry analyst pred ...

Efforts to improve fuel economy and reduce emissions will continue pushing United States engine oils towards lower viscosities while gradually stimula ...

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 2027, said Kline & Co. in a w ...