27 April 2011 21:42 [Source: ICIS news]
HOUSTON (ICIS)--US-based Chevron awarded a $65m (€44m) contract to build two base oils units at its refinery in Pascagoula, Mississippi, the contractor said on Wednesday.
Work should start in May, KBR said. When completed, the project will make the Chevron refinery one of the largest premium base-oil plants in the world, the company said.
Chevron announced the base oils project earlier this year.
The plant will cost $1.4bn and will have a capacity of 25,000 bbl/day. Construction should be completed by the end of 2013.
When completed, the plant will make the same grades as the company's plant in Richmond, California - 100, 220 and 600.
In addition, the Pascagoula plant will make a grade not produced in Richmond - 60 Neutral.
($1 = €0.68)
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