18 September 2013 09:44 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Hainan Handi Sunshine Petrochemical plans to build a 1m tonne/year Group II/III base oils plant in Hainan province by 2015, a company source said on Wednesday.
Construction of the plant is expected to start by the end of this year, the source added but gave no further details on costs and exact time line.
The company already operates a 300,000 tonne/year Group II base oil plant at the same site.
Hainan Handi Sunshine Petrochemical mainly produces Group II N70, N150 and N400 base oils.
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