Nynas agreement to purchase and market the naphthenic production at Valeros base oil plant in Three Rivers, Texas, ended last year, a Nynas official confirmed to Lube Report, and Valero is now marketing the pale oil on its own.
Valeros Three Rivers, Texas, refinery has 2,400 barrels per day naphthenic base oil capacity. AB Nynas Petroleum announced in May 2003 it had entered a long-term agreement to purchase all of the naphthenic production at Valeros Three Rivers base oil plant. As part of the deal, Valero agreed to invest $10 million to upgrade and expand the plant.
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