Platts to include Infineum's R654 additive in Singapore gasoil

Following a continued review of recognized additives reflected in its FOB Singapore gasoil assessments, Platts, part of S&P Global Commodity Insights, will add R654 lubricity improver by Infineum to the list of recognized additives reflected in its assessment process from July 15, 2024.

Platts understands that the given additive has broad market acceptance and/or has been consumed in and around the region, and is reflected in the key regional national chemical inventory.

Platts first proposed the inclusion of the additive in a subscriber note published Dec. 11, 2023: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/121123-platts-proposes-including-infineums-r654-additive-in-singapore-gasoil

The list of Platts gasoil recognized additives is intended to provide clarity to market participants regarding which additives are generally considered to be merchantable and accepted for cargoes delivered through the Platts Market on Close assessment process in Singapore.

Platts does not align its FOB Singapore additives acceptance to any particular importing country.

For the full list of previously identified additives, please see http://plts.co/V0Ax30ru2Yi

Please send all comments or questions to asia_products@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.