Motiva plans to begin a turnaround later this month for a 15,000 barrels per day Group II lube train at its Port Arthur, Texas, plant.
A company official said the turnaround is expected to begin around Feb. 25 and last for two and a half to three weeks. A source said Motiva had told customers it had built up an adequate inventory in preparation for the turnaround. The company last October began informing customers that it would temporarily close the train, one of three at the Port Arthur plant, in early 2007.
The plants total Group II capacity is 40,300 b/d.
Posted prices for paraffinic base oils in the United States were unchanged the past week. Crude closed at $59.09 per barrel yesterday on the New York Mercantile Exchange, according to Bloomberg. That was $2.22 above the price a week ago.
Historic U.S. posted base oil prices and WTI and Brent crude spot prices are available for purchase in Excel format.