The European base oils market is facing key challenges with strong capacity growth and a transition from Group I to Group II and Group III, while re-refined base oils have been growing in popularity due to consistent quality, attractive prices and their circular aspect. The ICIS base oils team attended the 60th UEIL Congress in Italy, engaging with key players in the industry on the latest market developments.
Samantha Wright, Sophie Udubasceanu and Alessia Succi Cimentini discuss the key takeaways from the conference and what awaits the European base oils industry.
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