Interesting but does it matter who synthesizes it? Id assume that even if they are larger, XOM might still have a pricing benefit for direct sale of PAO in finished lubes.
Right, it's not so much as to who can synthesize or the price, right now it's availability.
I quit dealing with Mobil because they only wanted to deal with larger volume consumers. For example If I didn't purchase X barrels a month, I payed a premium for consuming less than that.
I use Chevron and INEOS. Now I still have to forecast to both companies my predicted usage but if I go a bit below or above, no problem.
Hopefully, this increase in INEOS production will drive down global PAO pricing.