Royal Dutch Shell plc on Monday said it plans to build a lubricant blending plant in northwestern Russia. It would be the first Russian blending plant operated by an international oil company. Separately, the company said last week that it will close a Vicksburg, Miss., plant by the start of December.
The Russian plant will be built in Torzhok, northwest of Moscow, and will have capacity to produce 180,000 metric tons per year. It will cost $100 million and is scheduled to open by the end of 2010.