ExxonMobil announced that they expect the Beaumont plant to be online by the end of the year.
Before the shut down the PAO market was balanced or a little behind demand. Since Beaumont provides a little over 30% of the North American market share of PAO it has had considerable impact.
Light viscosity PAO doesn't seem to be an issue but heavier stocks are only produced by 2 of 3 providers in the US.
As new regs and specs become standard its going to be a tight market in the years to come.
Before the shut down the PAO market was balanced or a little behind demand. Since Beaumont provides a little over 30% of the North American market share of PAO it has had considerable impact.
Light viscosity PAO doesn't seem to be an issue but heavier stocks are only produced by 2 of 3 providers in the US.
As new regs and specs become standard its going to be a tight market in the years to come.