Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher

Promising forecast for the US re-refining industry

04.01.2013  |  Thinnes, Billy,  Hydrocarbon Processing Staff, Houston, TX

Keywords: [re-refining] [US] [basestocks] [crude oil] [prices] [base oils] [lubricants]

With a projected compound annual growth rate (CAGR) exceeding 23% over the next five years, the future of the US re-refined basestocks market looks promising, according to a recent study by Kline & Co. Given that all announcements pertaining to expansions and new capacities go as planned, it is anticipated that the re-refining industry will see a robust growth to an estimated 1,390 kilotons by 2016, suggesting a “golden decade” for many in the industry. However, this is contingent upon the successful and timely ramp-up of operational facilities.

To continue reading please, log in to hydrocarbonprocessing.com.

Subscribe now for premium access and unlimited access to the site, including archived articles and the process handbooks.  Start a free trial to gain access to articles from the current issue of Hydrocarbon Processing. 

Already have an account?


Subscribe today and gain unlimited and immediate access to the site. Plus, you'll receive the next 12 issues of the magazine in your choice of print or digital format. Start your subscription today.

Free trial

Start a free trial and gain immediate access to the current issue of the magazine plus additional, select content.

30 Day Trial

Related articles


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry


Is 2016 the peak for US gasoline demand?




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2016 Hydrocarbon Processing. © 2016 Gulf Publishing Company.