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Neste Oil and Bapco Agree on Building a Joint Base Oil Plant In Bahrain |
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Monday, 16 June 2008 15:25 |
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Neste Oil Oyj Finland's Neste Oil Corporation, Bahrain's Oil & Gas Holding Company and the Bahrain Petroleum Company have decided to establish a joint venture known as the Bahrain Base Oil Company to build a high-quality lubricant base oils plant in Bahrain. The plant will have an annual capacity of 400,000 tons of Very High Viscosity Index (VHVI) base oil for use in blending top-tier lubricants. It will be one of the world's largest VHVI base oil plants when it begins production, which is scheduled for the end of 2011.
Source: Neste Oil Oyj
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