Belgrade (Beograd), Serbia-based Modrica, part of the Zarubezhneft Group of companies. announced it inaugurated a new lubricant blending plant at the site of its base oil plant in Republic of Srpska (Bosnia and Herzegovina), on July 10, 2015.

The symbolic start button was pushed by the Minister of Industry, Energy and Mining, Petar Dzokic, and CEO of the Modrica Motor Oil Plant Evgeny Kochnev.

The investment project in the new blending complex of the Modrica Motor Oil Plant was launched in September 2012. More than 20 different contractors took part in the construction of the above-mentioned complex, most of which are the companies of Bosnia and Herzegovina. Most of the equipment was supplied by French company ABB. The investments into a new blending complex amounted to 13 million Euro.

In 2015, the Rafinerija ulja Modrica plant plans to produce approximately 63 000 tons of Group II (Modrica TRAFO BAZA HC-3 and HC-4) and Group III (Modrica TRAFO BAZA HC-5, HC-6 and HC-8) lube base oils and more than 11 000 tons of finished lubricants and special liquids. Modrica previously announced the blending plant would have 45,000 metric tons per year capacity. The products of the plant are marketed both on the domestic and external markets.

The new blending complex will enable Modrica MOP to manufacture the products in small quantities. The product range of the Modrica Motor Oil Plant comprises motor, industrial, marine, turbine oil, including its Optima-branded finished lubricants – more than 200 different products in total.