18 May 2012 16:12 [Source: ICIS news]
LONDON (ICIS)--US-based recycler Puralube plans to build a third base oil plant at its site in the ?xml:namespace>
Saxony-Anhalt’s government said it would support the €54m ($68m) investment, which is expected to create 30 new jobs at Puralube’s site near Zeitz, south of
Saxony-Anhalt’s minister president, Rainer Haseloff, discussed the project with Paralube executives during a visit to the US this week, the government said in a statement.
Media officials at Puralube’s
According to information on its website, Puralube’s existing two plants in Saxony-Anhalt have a combined capacity to process some 150,000 tonnes/year of used lubricating oils into 90,000 tonnes/year of group II base oils. The units started up in 2004 and 2008, respectively.
In related industry news, a Canada-based firm said on Friday it is planning to relaunch a shut-down refinery in southern
($1 = €0.79)
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