International Energy Agency models show long-term global decline in oil use, but increase in petrochemical opportunities. Refiners will need to integrate more closely with end-producers.
A number of recent reports are painting a synthetic landscape for the lubricants industry between now and 2020, but does it herald the demise of Group I base oils?
Oil refineries are the largest market for additives and the industry is responding to regulation and the changing supply of raw materials.
New research predicts independent lubricants manufacturers' market will reach US$8.5bn by 2019.
Grey and Ryman have launched a new computer font which could save over 490 million ink cartridges and 15 million barrels of oil.
The BP Statistical Review reflects global economics and geopolitical uncertainty.
Global lubricants demand is set to rise beyond pre-economic crisis levels by 2016, while oil will continue to drive the energy market to 2040 according to latest reports.
German based recycled oil producer further increases its control of Dutch recycler while Prista enters Uzbeck re-refining JV.
Two new reports show significant growth in global oil consumption and specific US demand for synthetic lubes and functional fluids.
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