China’s Sinopec Jinan to restart base oil plant in early May

19 March 2013 09:14  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Sinopec Jinan Co is expected to restart its 150,000 tonne/year Group II base oil plant at Jinan in Shandong province in early May, a company source said on Tuesday.

The company shut the base oil plant on 17 March in view of a shortage of feedstock supply, as the producer took its 8m tonne/year crude distillation unit (CDU) off line at the same time.

There will not be any base oil supply available to the domestic market during the shutdown, the source added.

End-users in Shandong have had to purchase Group I and II base oils outside the province in March, as the sole producers, Sinopec Jinan and Shandong Qisheng Industry & Trade, have shut their units down, industry sources said.

Shandong Qisheng Industry & Trade has a nameplate Group I base oil capacity of 70,000 tonnes/year.

By: Whitney Shi
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index