Tatneft plans to open a 200,000 tons per year lubricants blending plant at its Taneco refinery site in Nizhnekamsk, Russia, according to the companys top officials.
The plant should start operating in June, and the facility would cost less than 1 billion rubles (U.S. $15.5 million), Nail Maganov, head of the Tatarstan company, said in an April 3 report by Tatarstans Business Online news portal.
Tatnefts press department confirmed to Lube Report that the companys top management intends to start its own lube production but declined to disclose when the plants construction will be completed and what slate of products it will produce.
We have already given a facility that is ready to be remodeled [to a blending plant]. The technical details for the plant are prepared, said Leonid Alekhin, Tanecos general director. He added that in the future the company plans to expand the plants capacity.
The companys officials revealed this idea after the sale last year of the assets of Tatneft-Nizhnekamskneftekhim-Oil, a 75-25 joint venture that the oil major shared with the chemicals company Nizhnekamskneftekhim. The JV owned and operated a 10,000 t/y polyalphaolefin plant and a lubricants blending plant, which were both sold to another company last year.
Meanwhile Tatneft experienced problems with uninterrupted supply of its newly redesigned finished products under the Lux-PAO lubricant brand.
After eight years of idling, Tatneft-Nizhnekamskneftekhim-Oil restarted its PAO production last year in January, but soon it filed for bankruptcy for its outstanding debts and a month later at an auction was sold to another company, Capital-Invest, for 2.5 billion rubles (then U.S. $44 million).
Nizhnekamskneftekhim-Oil produced synthetic and semi-synthetic motor oils and synthetic such as compressor oils for Tatneft. The oil major said it now hopes to use its new lubricants blending facility to expand its product line, while using Tanecos Group III base oils produced at the refinerys 180,000 t/y Group III base oil plant.