Sinopec Jinan to restart Group II base oils plant in March

22 January 2014 06:33 Source:ICIS News

SINGAPORE (ICIS)--China’s Sinopec Jinan is expected to restart its 150,000 tonne/year Group II base oils plant at Ji’nan in Shandong province in March, a company source said on Wednesday.

The plant was shut on 23 November 2013 amid crude supply shortage, following an oil pipeline blast at Qingdao in Shandong.

Sinopec Jinan has suspended its base oils supply for two months, which resulted in some losses in market share, added the source.

Sinopec Jinan mainly produces Group II N150 (6#), N500 (10#) and BS150 base oils.

By Whitney Shi