Kuwait Petroleum base oil and wax unit restart suffers setback

21 August 2013 15:36  [Source: ICIS news]

LONDON (ICIS)--Kuwait Petroleum suffered a setback to the restart of its Rotterdam base oil and wax production unit, and now intends to recommence on-spec production by the end of August, a source with the company said on Wednesday.

Base oil and wax production was halted followed a problem with the company’s de-waxing unit on 2 August. The company planned to restart production on 16 August, but encountered some further “technical issues,” according to the source.

The source could not say exactly when production would recommence, but said it would be soon.

“Production should start any minute. It will then take three or four days to get on-spec material,” the source said, adding that on-spec material would be produced by 26 August at the latest.

The unit has a production capacity of 235,000 tonnes/year of base oils, and 40,000-50,000 tonnes/year of wax.

By: Ross Yeo
+44 208 652 3214

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