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May 15, 2018

Volume 1 Issue 42

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Modrica Ups Its Base Oil Output

Bosnian lube marketer Rafinerija ulja Modrica produced 45,000 tons of API Group III base oils in 2017, up more than 15 percent from 39,000 tons in 2016. The company plans to invest 800,000 (U.S. $955,680) in 2018 to improve upgrade base oil and finished lubricant operations.