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June 13, 2017

Volume 4 Issue 42

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Group II/III Supply Shifts from Asia

Asia’s intensifying thirst for high-quality lubricants will soak up some of its API Group II and III surplus, but oversupply of high-performance base stocks will be more pronounced than ever as new sources pop up across the globe, said Kline & Co.’s Milind Phadke at a conference in Singapore last month.