Italy’s base oils output stayed unusually low in July because of extended maintenance work at a key Group I plant in the country.Base oils output of 44,700t in July rose from 26,510t the previous month, government data showed.The June volume was the lowest in more than eight years.The July volume was the second-lowest in fifteen months and down from average levels of more than 71,000 t/month in the first five months of this year.Output fell because of the shutdown of a Group I base oils plant in May. The shutdown was unexpectedly extended through most of the third quarter of the year.The drop in output coincided with lower base oils imports in June and July.Italy’s total base oils supply of less than 85,000t in July stayed lower than usual in response.The volume was down from typical levels of close to 115,000 t/month in the year to May..Europe’s June Group I supply falls
Italy’s base oils output stayed unusually low in July because of extended maintenance work at a key Group I plant in the country.Base oils output of 44,700t in July rose from 26,510t the previous month, government data showed.The June volume was the lowest in more than eight years.The July volume was the second-lowest in fifteen months and down from average levels of more than 71,000 t/month in the first five months of this year.Output fell because of the shutdown of a Group I base oils plant in May. The shutdown was unexpectedly extended through most of the third quarter of the year.The drop in output coincided with lower base oils imports in June and July.Italy’s total base oils supply of less than 85,000t in July stayed lower than usual in response.The volume was down from typical levels of close to 115,000 t/month in the year to May..Europe’s June Group I supply falls
