- Aug 16, 2003
""""It’s Official GF-4 Now Part of the Industry Family. Kline and Company forecast that there will be enough Group II after GF-4 is adopted. Kline believes that Group I base oil prices will decline to a point that the Group II refiners will switch their industrial lubricant formulations to Group I oils and will put their Group II stocks into the marketplace at a higher return."""" """ILMA does not believe captive Group II refiners will sell their Group II oil products in the marketplace, while switching to Group I ...""" """As it stands now, the recommended start date for introducing GF-4 into the marketplace is July 1, 2004, and the end-date for GF-3 will be April 2005.""" """"...ILMA’s letter...to the additive companies, ... opinions on the use of Group I base stocks in certain GF-4 formulations... Committee believes that significant amounts of Group I oils can be used in making 10W-xx oils."""" It's on the WAY... Maybe I need to use up some of my oil... Hummmm Problems / Pitfalls / benefits / ????