ICIS Webinar: Europe base oils market braces for 2019 challenges

Download the webinar recording

This webinar was held on 22nd November 2018 – Please click above to download the recording and the slides.

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. They will look ahead to potential market-moving changes due in 2019.

The webinar covered:

  • 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.

 

Webinar presenters:

Sarah Trinder has worked at ICIS for over seven years covering a range of markets including base oils, paraffin wax, shipping, biofuels, glycerine and jet fuel amongst others. She has been covering the base oils market for nearly three years now, with particular focus on the export markets.

Vicky Ellis is a senior editor at ICIS covering European markets for base oils, methanol, fuel and industrial ethanol. Her previous newsroom experience writing about the energy industry took her to power stations, German coalmines and even down London’s sewers. It also saw her host webinars and conferences for the B2B energy market.

 

23rd World Base Oils & Lubricants Conference

ICIS is also organising the 23rd World Base Oils & Lubricants Conference from 18-22 February in London. For over two decades, it has been the pinnacle conference within the base oils & lubricants industry’s calendar.

With over 680 attendees coming from 50+ countries, the conference is set to deliver a week of unrivalled content and unparalleled networking opportunities and will feature: two training courses, a seminar, two workshops, a conference, a breakfast briefing and a Gala Reception for all levels of experience.

This will also be your chance to hear directly from global market experts including representatives of Morris Lubricants, Fuchs Petrolub SE and International eChem.

Save up to £300 off the standard registration by registering before 30 November with promo code WBO19EMWEB

Focus on pricing trends and spot opportunities for Base Oils

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  • Independent price assessments and market coverage by region
  • Historical price data
  • Breaking news of latest developments affecting the markets
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