02 February 2011 23:06 [Source: ICIS news]
TORONTO (ICIS)--Saudi Aramco Lubricating Oil Refining (Luberef) is planning a $1bn (€720m) expansion project at its lube oil refinery in ?xml:namespace>
The Luberef expansion at Yanbu is expected to increase base oil production to meet future demand for high-quality Group II and Group III base oils, according to Jacobs, which was selected to provide the project’s front-end engineering design (FEED) services.
According to Jacobs, the expansion project also would nearly double Luberef's Group I brightstock production, and would help
Jacobs did not comment on the project's exact capacities or the expected completion date.
Luberef's current base oil refining capacity at Yanbu is 280,000 tonnes/year, according to information on the company's website. Luberef, one of the world's leading suppliers of base oil, has another lube oil refinery at Jeddah with a capacity of 270,000 tonnes/year.
($1 = €0.72)
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