BP to build third lubricants blending plant in China
12/6/2017 7:32:15 AM
(Reuters) — BP said on Wednesday it plans to build its third plant for blending lubricants in China for about $227 MM as it looks to meet the country’s rapidly growing demand.
BP’s China president Xiaoping Yang said the country was a key growth market for premium lubricants.
The new plant, which will have an annual production capacity of 200,000 t, is expected to start operation before the end of 2021.
BP said the plant will be able to produce premium lubricants and greases for automobiles, industrial, marine, and aviation customers, as well as special lubricants and additives.
Reporting by Justin George Varghese in Bengaluru; editing by Jason Neely
Related News
- Studi Tecnologie Progetti S.p.A. signs agreement to upgrade Attock refinery in Pakistan for $600 MM
- Maire's NEXTCHEM awarded engineering contract for Pacifico Mexinol's $3.3-B, 2.1-MMtpy low-carbon methanol project
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra
- Alleima expands product portfolio for the urea industry with SAF™ 2906
Comments