Recent Updates

At the Tatarstan Oil and Gas Forum held earlier this month in Russia, a Kazakhstan government official stated that a 280,000 t/y Group II/III base oil plant is expected to be completed soon. He didn’t provide the location or company information. - Read More Sep 22, 2021
The search for a new operator for the Isla Refinery in Willemstad, Curacao, may be on once again. Talks between Refineria di Korsou, the government agency that owns the refinery and Curacao Oil Refinery Complex have stalled after one of CORC’s partners pulled out and the consortium failed to meet certain conditions of the agreement. - Read More Sep 18, 2021
Lub-rref announced that it will build a new rerefinery in Julda, Bangladesh. The company aims to open the facility in 2024 with capacity to produce 52,000 t/y of Group II base stocks. - Read More Sep 11, 2021
Indian Oil Corp. awarded Chevron Lummus Global a contract for a new 270,000 tons per year catalytic dewaxing unit and hydrocracker revamp in Gujarat, India. The project includes construction of a base oil plant with capacity to make API Group II and III base stocks. Sep 06, 2021
Emery Oleochemicals has agreed to sell their Asia-Pacific unit. - Read More Aug 20, 2021
Stalled negotiations are threatening Refineria di Korsou’s search to find an operator for the Isla Refinery in Curacao. - Read More Aug 18, 2021
Lotos Group will modernize its base oil plant in Gdansk, Poland. - Read More Aug 03, 2021
Clean Harbors to Acquire Vertex Rerefineries - Read More Jul 02, 2021