Kline & Company Announces the Introduction of Monthly Index of Base Stock Production and Re-Refining Cash Margins
PARSIPPANY, N.J., Jan. 24, 2014 /PRNewswire/ -- Due to the profound changes sweeping the global base oil market Kline & Company announced today the publication of the monthly Kline Base Stock Margin Index. The index simulates cash margins of typical U.S. base oil producers over the past two years.
The index estimates typical cash margin contributions associated with U.S. Group II base stock production, from both VGO-based virgin base stock plants and Recovered Fuel Oil (RFO)-based re-refineries, simulating EBITDA before the deduction of corporate SG&A expenses. A rolling 24-month index will be published monthly, and is available to Kline's clients, as well as to petroleum and lubricants industry media. The index will be updated monthly and released to our clients and media contacts.
"The Kline Index is being introduced to provide base stock producers with a yardstick against which they can measure their own plant's recent profitability," said Ian Moncrieff, a director of Kline's Energy Practice. "The index has been developed by combining characteristic yield and cash cost structures in both conventional and re-refined Group II plants with Kline's estimates of feedstock costs and net price realizations for their respective products slates."
The monthly update for Kline's Base Stocks Margin Index will be found in the Knowledge Hub. To learn more about the Base Stocks Margin Index contact Geeta Agashe, Senior Vice President at [email protected] or Ian Moncrieff, Director at [email protected], both of whom work in Kline's Energy Practice.
About Kline & Company
Kline & Company is a worldwide consulting and research firm dedicated to providing the kind of insight and knowledge that helps companies find a clear path to success.
Kline Management Consulting provides the optimal size, superior team demographics and team-oriented culture that make engagements a success for our clients. Unmatched in our ability to gather high-value, hard-to-get market and competitive intelligence Kline delivers syndicated and custom research solutions to support strategic planning for today's global and local business environment.
Building on our 50-plus years in the business and leveraging our worldwide network of offices in the Americas, Europe, Asia and the Middle East, our teams draw upon pragmatic industrial and commercial experience to profoundly understand and interpret global impacts and local perspectives and have the local knowledge and language skills to aid your business decision-making and strategies. For more information, visit www.KlineGroup.com.
For more information, please contact:
Eva-Maria Harthaus
Marketing Communications
(973) 435-3392
[email protected]
SOURCE Kline & Company
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