Introduction to speaker and topics
The rapid new supply creation has consistently outpaced demand growth, resulting in a flood of new basestocks supply in the market.
This has put pressure on the existing high-cost plants to shut down. The Group I capacity reduction will constrain the availability of heavy neutrals and brightstocks. On the other hand, the tightening emission and fuel economy regulations and specification from original equipment manufacturers is driving the use of high quality and synthetic lubricants. The next five-year period will be interesting to watch as basestocks suppliers strive to place their surplus production and blenders explore alternatives to make up for the shortfall in certain grades of basestocks, optimize their cost, and explore new market positioning strategies using the basestocks available.
You Will Learn About:
Key market developments and industry trends
Regions where growth opportunities exist
How the market is performing
The market's outlook
- Trends in synthetic lubricant basestocks will also be discussed.
About the Presenter
Project Manager in Kline's Energy/Petroleum Practice.
A go-to source of information.
- Supply and demand estimates for API Group I, II/II+, III/III+, and naphthenic basestocks, as well as demand estimates for Group IV and Group V basestocks.
- Manufacturing cost analysis of typical Group I, II, and III basestock manufacturing plants.
- Analysis of current pricing levels and price forecast for various crude oil price scenarios.
Focus on competitive landscape.
This report allows subscribers to identify the current status the basestocks industry in terms of basestock supply, basestock application space and demand, lubricant formulation trends, basestock pricing mechanism, inter-region trade, inter-material competition, and manufacturing costs.
Closer look on product coverage
Lubricant basestock demand and supply analysis at a global level and by key regions, covering Africa and the Middle East, Asia-Pacific, Europe, North America, and South America.
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Date: Tuesday July 25, 2017
Time: 9:30 am EDT (New York) / 1:30 pm GMT (London) / 9:30 pm (Beijing)
About Kline Group
Kline is a respected provider of world-class consulting services and high-quality market intelligence that consistently lead to client successes in growing or improving their business.
We combine a distinctive package of consulting and research capabilities, global reach, and industry understanding that cannot be matched by our competitors. Our focus is on providing knowledge and solutions throughout the entire value chains of the industries we serve.