I hope I am not repeating something already posted elsewhere on BITOG. Here is an article sent to me by a friend in the SynLube business. He has some interesting insight into the Lube business, including the Group III vs PAO discussion. He believes that it was a shortage of PAO, market dominance of PAO by ExxonMobil and competitive pressures that drove Castrol to develop high purity group IIIs. He has insight into the industry that dates back into the early 70s. I won't bore you with the details, but he believes that this gas-to-liquid process could stand the industry on its head from a cost and performance standpoint.
It sounds like an interesting development in the industry.
Lube Report
It sounds like an interesting development in the industry.
Lube Report