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Tag: used oil market

Used oils

How Re-refining Will Remain the Mainstay of the Industry

Written by Milind Phadke, Vice President, Energy Since the recession of 2008, global lubricant basestocks supply and demand have been on divergent paths. Demand growth, beyond the recovery to pre-recession levels, has stalled, but supply growth continues. All the new supply coming to the market is primarily high-performance Group II, III, and IV basestocks. As

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