JERSEY CITY, New Jersey – The future of Mexico’s state-run base oil plant will be troubled if the government continues to not invest in the aging structure, industry analysts said Dec. 5 at the ICIS Pan American Base Oils & Lubricants Conference held here.
“The problems at Pemex‘s Salamanca Refinery are internal,” said Jamie Brunk, manager of lube studies for Solomon Associates. “It’s two [production] trains operating, two parallel trains. The Mexican government hasn’t invested in that plant for years,” Brunk said. “What they are doing is stealing from one train to keep the other one operating.”
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