Taiwan's CPC-Shell to shut Kaohsiung base oils plant in Nov: Shell

16 June 2014 07:27 Source:ICIS News

SINGAPORE (ICIS)--Taiwan’s CPC-Shell Lubricants (CSLC) will permanently close its 250,000 tonne/year base oils plant at Kaohsiung in November this year, a Shell spokesperson said on Monday.

“We can confirm that the CPC-Shell joint venture - CPC Shell Lubricants Corp (CSLC ) - will close its base oil plant in November 2014 and its lubricants blending plant in February 2015,” the Shell spokesperson told ICIS.

CSLC is a 49:51 joint venture (JV) between Taiwanese CPC Corp and Anglo-Dutch energy major.

The base oils plant at the site has two production lines that can produce Group I 70P, SN150, SN250, SN500, BS150.

“This plan of JV closure is in line with the announced [Taiwan's] government decision to close the Kaohsiung Oil Refinery (KOR) complex in Kaohsiung, southern Taiwan, by the end of 2015,” the Shell spokesperson said.

The Kaohsiung complex is an integrated oil refining and petrochemical production facility that can handle 200,000 bbl/day of crude, information from the company’s website showed.

It houses a 500,000 tonne/year cracker and various derivatives units, including an 80,000 tonne/year butadiene unit, according to ICIS data.

By Nurluqman Suratman