Competition, complexity and regulation – ICIS Europe base oils brace for 2019 challenges

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Date: 22 November 2018
Time: 02:00PM GMT

ICIS invites you to attend a free webinar.

Europe has seen an increasingly competitive marketplace for Group III base oils, while new Dutch capacity is expected to do the same for Group II. Group I continues to soldier on through this complex landscape, amid a healthy European export market. Partly driven by changing base oils capacities and new vehicle regulations from industry body ACEA, a new dimension could be added by the IMO’s new low-sulphur rules for shipping and bunker fuels in 2020.

In this webinar, European base oil editors Sarah Trinder and Vicky Ellis look at the complex picture for prices, giving an overview of critical trends during 2018, from a European and global perspective and the outlook and potential market-moving changes due in 2019.

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Key highlights:

  • Major price trends in Europe and what has influenced them;
  • Impact of local and global refinery outages, volatile crude oil;
  • Potential shifts in consumption away from Group I towards II and III;
  • Snapshot of global price trends in Asia and the United States;
  • How MARPOL low-sulphur rule may affect the sector.
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