04 December 2012 11:05 [Source: ICIS news]
LONDON (ICIS)--Malaysia’s state oil firm PETRONAS will turn around its Group III base oil plant in Malacca, Malaysia, in early January for about a month, a company source in Europe said on Tuesday.
The turnaround, which will involve a catalyst change, will begin in the first few days of January 2013 and is scheduled to run until 5 February. The plant has a nameplate capacity of 300,000 tonnes/year.
The company is building stock ahead of the turnaround and its customers will not experience any supply interruptions, the source said.
The source added it was an ideal time for a turnaround, given the low levels of demand and weak prices currently seen in Europe and Asia Pacific.
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