13 September 2012 04:58 [Source: ICIS news]
SINGAPORE (ICIS)--Japanese refiner JX Nippon Oil & Energy plans to shut its 200,000 tonne/year Group I base oils plant at Negishi in ?xml:namespace>
Its 250,000 tonne/year and 150,000 tonne/year Group I base oils plants at Mizushima remains shut on the back of a fire accident on 5 August, with the restart schedule still unconfirmed, the source added.
A Chinese importer said that the supply of Group I products declined in Japan after fire accidents occurred at two major base oils suppliers JX Nippon Oil & Energy and Idemitsu Kosan in July-August.
Therefore, offers of spot Group I cargoes from
JX Nippon Oil & Energy has four Group I base oils plants in
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