09 December 2010 09:46 [Source: ICIS news]
SINGAPORE (ICIS)--Shell (China) plans to build a lubricant blending plant in Wuxi to boost its production capacity to 900,000 tonnes/year from 600,000 tonnes/year, a market source said on Thursday.
The new plant, to be based at the refinery site of Luroda Lubricants (Wuxi), would have a production capacity of 300,000 tonnes/year for lubricants and 6,000 tonnes/year for lubricating grease, he added.
The project was under government verification and construction was expected to start in 2011 or 2012, the source said.
Shell’s subsidiary Beijing Bailiwei Science and Technology Development would set up the plant, to be called Shell Tongyi (Wuxi) Petrochemical. No financial details were disclosed.
Shell owns six lubricant blending plants in China. Its Tongyi-branded lubricants have a 10% share of China’s lubricant market, mainly in the vehicle and iron and steel processing sectors.
Beijing Bailiwei Science and Technology Development is mainly engaged in such fields as science and technology development, business information service and logistics.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|