16 January 2012 03:44 [Source: ICIS news]
SINGAPORE (ICIS)--Thai Lube Base is running its slackwax unit at Sriracha in Chonburi province at full rates, a source from the parent company Thaioil said on Monday.
The unit is producing 4,000-5,000 tonnes/month of slackwax, the source added.
Thai Lube Base restarted its approximately 36,000 tonne/year slackwax plant on 15 December after completing a turnaround of about 45 days.
Slackwax is a byproduct of Group I base oils refining.
The product is priced as a premium over gasoil prices, said the source.
Other slackwax producers in Asia include Exxon Mobil, S-Oil and Pertamina.
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