VIDEO: Base oils faces atypical year
Eashani Chavda
16-Jul-2019
LONDON (ICIS)–Weakness in the European base oils market could continue in the second half, driven by low demand and growing capacity.
European Group I supply remains healthy while global base oils capacity expands, with more focus on Group II and III.
Base oils experts Sarah Trinder and Vicky Ellis discuss the year so far and the key drivers for the remainder of 2019.
Base oils are used to produce finished lubes and greases for automobiles and other machinery.
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