Group 1 - Chevron Phillips Chemical (CP Chem) has successfully completed the expansion project of its low-viscosity polyalphaolefins (PAO) production facility in Belgium, doubling the annual production capacity to 120,000 tons, making it the largest decene-based low-viscosity PAO production base in Europe [1] - The regional manager of CP Chem, Antoine Janssens, stated that the expansion not only consolidates the traditional strengths but also enhances the synergy with existing facilities, further solidifying CP Chem's global leadership position in the specialty chemicals market [1] - Low-viscosity PAO is a key base oil component widely used in automotive and industrial lubricants, playing a significant role in emerging technologies such as electric vehicles, wind turbines, and immersion cooling [1] Group 2 - There is a continuous increase in market demand for low-viscosity PAO due to the growing global industrial need for sustainable and high-performance solutions [1]