China’s Shandong Qisheng to restart base oils plant in mid-Feb

21 January 2014 09:45 Source:ICIS News

SINGAPORE (ICIS)--China’s Shandong Qisheng Industry & Trade is expected to restart its 70,000 tonne/year Group I base oils plant at Zibo in Shandong province in the middle of February, a company source said on Tuesday.

Commercial base oils supply is likely to begin in late February when operating rate of the plant ramps up, the source said.

The plant was shut on 26 December 2013 because of feedstock supply shortage.

Base oils demand is expected to be robust in China in the second half of February as most lubricant producers will replenish their stocks in preparation for the spring consumption peak in March-May, industry sources said.

Shandong Qisheng Industry & Trade mainly produces Group I N60, SN150 and SN350 base oils.

By Whitney Shi