View from the Bridge - Bulletin 158
Is flat global lubes demand really a surprise? The US market wanes and Asian and Russian consumption grows. Meanwhile the 'connected' car is the future today.
Is flat global lubes demand really a surprise? The US market wanes and Asian and Russian consumption grows. Meanwhile the 'connected' car is the future today.
Despite a shifting lubricants market, Shell and the US retain top billing, although re-refining is starting to influence according to Kline.
The re-balance in the lubricants economy; UEIL conference contributions, refining over-capacity squeezes the oil majors and the Middle East enters the fray and how the lubes industry is helping to drive F1.
The latest Kline report shows base oil producers are finding new options from Group II stock to fill the declining Group I gap
A new report states that North American lubes commercial lubes consumption will only grow marginally over the next five years.
The market for wind turbine lubes is set to continue its rapid growth according to Kline.
The latest report from Kline puts Shell top of the table of lubricant producers for the fifth consecutive year and cautions on Asia optimism.
Petroleum wax production is set to decline as other wax types jockey for control of the market according to Kline.
The North American finished lubes and automotive consumer markets are recovering, but it will be a slow process according to Kline.
Indian automotive lube market is set to see a dramatic rise in quality, driven by OEM recommendations according to Kline.