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September 27, 2019

Volume 6 Issue 46

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Additive Volumes Forecast to Grow

Global lubricant additive demand volume will grow 0.5 percent per year from 4.6 million tons in 2018 to more than 4.8 million tons by 2023, consultancy Kline & Co. projected, slightly less than the growth projected for finished lubricants due to a sharp decline in detergents for marine lubricants.