17 April 2013 09:55 [Source: ICIS news]
Singapore (ICIS)--Indian Oil Corp (IOC) has issued a tender to buy 133,000 tonnes of combined base oils over a 2 year period, a tender document released on 16 April stated.
According to the document, IOC will require 12,000 tonnes of Group I SN70, 24,000 tonnes of Group II 70N, 5,000 tonnes of 4cst Group III, 9,000 tonnes of 6cst Group III and 2,000 tonnes of 8cst Group III in the period of 2013-2014.
IOC will require an additional 14,000 tonnes of Group I SN70, 40,000 tonnes of Group II 70N, 8,000 tonnes of 4cst Group III, 15,000 tonnes 6cst Group III and 4,000 tonnes of 8cst Group III in the period of 2014-2015.
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