Conventional Base Stocks

The amount of base oil exports from South Korea jumped 23% in November, compared to the same month of 2023, but the value of those exports rose only 3 ...

December Base Oil Report

December 2, 2024

As the year is nearing its end, base oil prices are edging down. Gabriela Wheeler explains why.

ReGen III Secures More Funding

November 27, 2024

Waste oil rerefiner ReGen III aims to be the world’s largest producer of regenerated API Group III base oil when the company commissions its plant ...

Madrid – Avista Green will undertake an expansion of its used lubricant rerefinery in Kalundborg, Denmark, and aims to increase the facility’s bas ...

View from Banting, Malaysia, site of Pentas Flora’s waste oil rerefinery.

Chile recently adopted an extended responsibility law that will require lubricant suppliers to ensure that their products are recycled after use.

Base oil exports from South Korea dipped 3% last month, compared to October of 2023, but the value of those exports fell 26%, reflecting the decline i ...

Clean Harbors Inc. warned customers that it has “significantly” raised waste oil collection fees to offset depressed base oil, vacuum gas oil and ...

November Base Oil Report

November 4, 2024

Geopolitical conflict, severe weather systems, a longshoremen’s strike and more induced some anxiety in the base oil market in September and early O ...

Base oil imports to China fell 35% in September, compared to the same month of 2023, as 2024’s demand for foreign base stocks continued running behi ...

Italy is the European Union’s leading collector and regenerator of waste oil, said the head of the country's waste oil consortium at an environmenta ...

United States refiners produced 5 million barrels of base oil in July as this year’s output continued to run ahead of last year but behind 2021 and ...

Vertex Energy Inc., a renewable fuels and environmental services company, filed for bankruptcy last week after its attempt to break into the renewable ...

ExxonMobil's French subsidiary Esso Societe Anonyme Francaise will start rerefining base oil at its Port Jerome facility in Gravenchon, northern Franc ...

October Base Oil Report

September 27, 2024

Gabriela Wheeler explores some of the major factors that contributed to a series of posted base oil price decreases that emerged in early September.

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Customs Service, a 35% increase ...

Base oil production in the United States rose 12% in June, year on year, as this year’s output continued to run ahead of 2023.

Venezuelan petrochemical and environmental management company Petromaca’s rerefinery is the latest used lubricant recycling project to spring up in ...

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and local refiners offer a surplus ...

Rising cost of sales forced National Refinery Ltd, Pakistan’s only base oil refiner, to announce losses of Rs 15.79 billion (U.S. $56.64 billion) du ...