Iran’s Sepahan Oil mulls new base oils blending unit in Kenya
10 October 2012 09:11 [Source: ICIS news]
DUBAI (ICIS)--?xml:namespace>Iran’s Sepahan Oil is looking at setting up a base oils blending unit in Kenya to meet the growing demand for lubricants in the eastern African country, a company source said on Wednesday.
“Kenya has a very strong demand for lubricants, and this is expected to grow in the next few years as the country becomes more developed,” the source said at the sidelines of the two-day ICIS Middle East Base Oils and Lubricants Conference in Dubai.
Plant details and start-up dates have yet to been finalised, the source said.
The planned blending unit in Kenya would be smaller than Sepahan Oil’s existing 390,000 tonne/year unit in Dubai, UAE, the source said.
In Iran, the company also operates a 400,000 tonne/year base oils plant in Isfahan province and produces 700,000 tonnes/year of lubricating products for domestic consumption and for exports.
Sepahan Oil’s key export markets include India, Turkey and Malaysia, the source said.
The company produces Group I SN500 base oils, engine oils, industrial lubricants, automobile gear oils, greases and anti-freeze, paraffin, heavy slack wax and rubber.By: Prema Viswanathan+65 6780 4359
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