21 August 2008 17:12 [Source: ICIS news]
TORONTO (ICIS news)--Chevron plans to build a 25,000 bbl/day premium base oil plant adjacent to its 330,000 bbl/day refinery in Pascagoula, Mississippi, to meet rising US and global demand, it said on Thursday.?xml:namespace>
The company had submitted an environmental permit application, it said, adding that construction could start in 2009 and be completed in 2011.
"Subject to obtaining the required permits and making a final investment decision, it is our intention to build this state-of-the art facility at ?xml:namespace>
Premium base oils were the primary ingredients in the production of top-tier motor oils which were needed to improve fuel economy, lower exhaust emissions and extend the period between oil changes, he said.
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