Kline’s April Index of Base Stock Production and Re-refining Cash Margins Shows a Rebound in Base Stock Profitability
In January, Kline & Company introduced its monthly Base Stock Margin Index, a characterization of recent cash margin contributions in the U.S. base oil market over the past 24 months. The Index estimates cash margin contributions associated with U.S. Group II base stock production. It simulates EBITDA before the deduction of corporate SG&A expenses for
