Used oil, such as engine lubrication oil, hydraulic fluids, and gear oils used in cars, bikes, or lawnmowers, can be re-refined again and used as a feed of many petroleum industries. Motor oil [...]
The production of petroleum products is at 254289 Thousand Ton in the year 2017-2018 as against 243515 (000’MT) achieved in 2016-2017; showing an increase about 4.46% while the consumption of [...]
The global lubricant market in the past 10 years has undergone dramatic changes due to industry consolidation. The industry has witnessed overall flat demand, sharp shifts in consumption, [...]
Since the early 20th century, base oil production has been dominated by Group I. This dominance is now entering its final stage as a significant drop in demand is expected, mainly in Europe and [...]