Iranol Oil offers 7,000 tonnes of Group I base oils on the IME

23 August 2011 04:24  [Source: ICIS news]

SINGAPORE (ICIS)--Iranol Oil, a major Group I base oil producer in Iran, is offering a mix of bulk and flexi-bag cargoes totalling 7,000 tonnes on the Iran Mercantile Exchange (IME) on 23 August, a company source said on Tuesday.

Iranol is offering a 2,000 tonne brightstock bulk cargo at $1,551/tonne (€1,086/tonne) FOB (free on board) Bandar Imam Khomeini (BIK) for delivery in early September.

The producer did not specify if the cargo will be offered from its Abadan or Tehran refinery.

A 2,000 tonne brightstock flexi-bag cargo will be offered via Iranol’s Tehran refinery at $1,661/tonne FOB BIK for delivery in the first half of September.

In addition, Iranol is offering a 3,000 tonne SN500 flexi-bag cargo via its Tehran refinery at $1,294/tonne ex-refinery for delivery in the second half of September.

($1 = €0.70)

Please visit the complete ICIS plants and projects database


By: Gabriel Yip
+65 6780 4359



AddThis Social Bookmark Button

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.

Printer Friendly

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