China’s Shandong Qisheng further delays base oils plant restart
23 July 2013 10:48 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shandong Qisheng Industry & Trade has further delayed the restart of its 70,000 tonne/year Group I base oils plant at Zibo in Shandong province, a company source said on Tuesday.
The plant was scheduled to be restarted in late July following
earlier delays pertaining to high feedstock costs but this has been postponed to an unspecified date because of a catalyst issue, the source said.
The plant, which was shut in late December last year for maintenance, is unlikely to be restarted in August, the source added.
Shandong Qisheng typically produces 5,000-8,000 of Group I base oils a month and is the sole supplier of the material in Shandong.
Downstream lubricant makers in Shandong have been purchasing Russia-based Group I base oils as well as Group I base oils produced by Sinopec Beijing Yanshan during the shutdown at the Shandong Qisheng Industry & Trade plant.
Shandong Qisheng Industry & Trade mainly produces Group I N60, N150, N250 and N350 base oil grades.By: Whitney Shi+65 6780 4359
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.