Americas

Canada’s Dec base oil/lube output rises

Output falls in 2021 vs 2020

Iain Pocock

Canada’s base oils and lubricants production rose in December, following several months of volatile output late last year.

Production of 46,560m³ (41,240t) in December rose from 31,560m³ the previous month, according to Statistics Canada. The volume was higher than average output levels of 39,060m³ in 2021.

Output of 468,710m³ in 2021 fell by 21pc from 592,850m³ the previous year to the lowest in at least a decade.

The drop in output mostly reflected the impact of a sharp slowdown in production in the months of April and September to unusually low levels.

Canada is home to a premium-grade base oil plant and some re-refined base oils production capacity. Its last Group I base oil plant ceased operations several years ago.

Spain’s September lube demand falls

Europe’s Sept base oils imports from Bahrain/UAE rise

India’s October base oils imports fall

S Korea’s October base oils exports rise

Base Oils and Lubricants - market review for week ending 14 Nov