Glimar Gets New Life

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Hudson Oil is developing a restart plan for the Glimar refinery complex in Gorlice, Poland, which includes an API Group III-capable base oil plant, and anticipates completing it within the next 10 months.
Hudsonacquired the refinery complex in Poland in June from Hydronaft Sp. z.o.o. and Rafineria Nafty Glimar SA, which together held the refinery assets.The acquisitions cost was not disclosed.

The base oil plants estimated production capacity is expected to be 50,000 metric tons per year of Group III or 40,000 to 60,000 tons per year of Group II, Hudson President and CEO Stefan Garus told Lube Report. If it produces Group III, it would be the only such producer in Poland.

Garus noted that the market will primarily be Poland, but neighboring markets such as Germany will not be excluded if there is opportunity.

According to Hudson, the Glimar refinery complex is equipped with all hydroprocessing technology licensed from Chevron Lummus Global and installed by Lurgi GmbH, to enable production of high quality lubricant base oils. The Isocracking, Isodewaxing and hydrofinishing units were installed in 2000, Hudson stated. The refinery also has zeoforming technology licensed from Novosibirsk Scientific-Engineering Zeosit Centre and installed in 1997, to allow production of high-octane, lead-free gasolines.

We look forward to restarting production using the leading edge technology at the Glimar complex, said Garus. Upgrades will not be major but likely as a result of the restart, there will be some modernization.

Based in Oakville, Ontario, Hudson focuses on acquiring under-valued energy assets, currently downstream energy opportunities in Eastern Europe.

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