Chinese petrochemical producer Hengli Petrochemical Refinery Co. has decided to enter the base oil market, announcing it plans to build a 683,000 metric tons per year API Group II and III base oils plant in Changxing Island, Dalian, Liaoning Province, Peoples Republic of China.
According to a press release issued by Chevron Lummus Global, Chevron Lummus Global, a JV between Chevron and CB&I, it (CLG) has been awarded a contract by Hengli Petrochemical for the technology license, engineering services and catalyst supply of the grassroots lube oil production unit.
The planned lube base oils unit will be utilizing CLGs ISODEWAXING and ISOFINISHING technology to produce high quality Group II & III base oils and is part of a new, large grassroots refinery.
At CLG we are excited to be part of this massive refinery investment for which we are designing one of the biggest plants in the world to produce Group II & III lube base oils," said Leon de Bruyn, Managing Director of CLG.
"In addition, the unit will enable Hengli to produce high-valued white oils, putting Hengli into a unique position in the Chinese market, he said.
