Lub-rref (Bangladesh) Limited, a Chittagong based company, has signed a agreement with California, USA-based Chemical Engineering Partners (CEP) to build a lube base oil refinery, first of its kind in the country. This facility will treat used lube oil and refinery by-products into API Group II lube base oil. The re-refinery is projected to start up by the end of March 2019.
The plant will be located in JULDA Mouza across the river of Karnafuly, Chittagong, Bangladesh. The development will cover approximately 50,000 square meters of land backed by similar space for a Oil Terminal.
Mohammad Yousuf, Managing Director, Lub-rref (Bangladesh) Ltd and Joshua Park, President, Chemical Engineering Partners, signed the Process Design and Technology License agreement on behalf of their respective companies in the city on Thursday March 2, 2017.
The Lub-rref (Bangladesh) Limited plant will have a feed capacity of 69,000 MT/Year producing approximately 50,000 MT/Year (approximately 1,000 bpd) of Group II lube base oil. The facility will employ State-Of-The-Art Green Technology developed by CEP in various successful refineries completed throughout the world, including recently completed projects in Brazil and Kansas (United States) and under construction one in Saudi Arabia.
Mohammed Yousuf said Lub-rref (Bangladesh) Limited believes the refinery will help the country reduce approximately 50% of its import of Base Oil out of the 100,000 MT requirement PA import".
Lub-reff, not to be confused with Saudi Arabia's Luberef, presently blends and markets PCMOs, automotive gear oils, ATFs, heavy-duty diesel engine oils, marine engine oils, hydraulic oil, compressor oil, industrial gear oil, and other finished lubricants under 'BNO' Brand.