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.
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