Base oil markets in East Asia will require only limited investments

During the next 5 years, only limited new investment in base oil production will be required in East Asia. Although regional base oil capacity utilization will improve from 82 to 90% and base oil margins will recover, they will not return to their precrisis levels.Chem Systems presents these key points in a report highlighting the unique lube market characteristics for each country within the East Asia region.After declining 5% in 1998, Asian lubricant consumption increased 2.5% to 10 million tonnes in 1999. Lubricants-demand growth will be nearly 3% in 2000, followed by moderate growth in the next decade. Click here to enlarge imageFig. 1 breaks down the contributions of countries to 20...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected