Turkish lubricant marketer Petroyag is building a second lubricant blending plant. The new facility, located in Gebze, Turkey, will have capacity to make 50,000 tons per year.
The company, which is headquartered in Kosekoy, Turkey, offers a wide variety of industrial lubricants, some of which it manufacturesand sells under its own brands, others distributed on behalf of other suppliers. Formed in 1993, Petroyag currently operates a 30,000 t/y blending and filling plant in Golcuk, Turkey, on the southern shore of the east end of the Sea of Marmara. Gebze is on the seas northern shore, 45 kilometers east of Istanbul.
Petroyag said in a statement that it plans to use the additional capacity to increase overseas sales. It aims to export to 50 countries within three years. The company has previously said it has a goal to supply 20 percent of the industrial lubricants consumed in Turkey.
Turkey has a large and growing industrial base that has led some observers to describe its lubricant market as having much potential for growth. It is also one of the regions largest lubricant exporters, as domestic producers send products to the Middle East, Africa, Russia and Central Asia.