CPCL begins work to establish specialised lube oil base stocks
Chennai Petroleum Corporation Limited (CPCL) has initiated the establishment of a plant for producing base stocks for Group II and III lubricants at its Manali Refinery. The project, costing ₹1,600 crore, aims to reduce India's dependence on imported lubricants by producing approximately 242,000 tonnes per annum. This initiative is part of CPCL's strategy to enhance refinery margins and diversify its product offerings.
- ▪CPCL's new plant will produce base stocks for Group II and III lubricants.
- ▪The project is expected to cost ₹1,600 crore and will help reduce reliance on imports.
- ▪The facility will process oil streams to produce high-value lube base stocks.
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The Manali Refinery of the Chennai Petroleum Corporation Limited (CPCL) has begun work to establish a plant to produce base stocks for Group II and Group III lubricants.The lube oil base stock (LOBS) unit is coming up at a cost of ₹1,600 crore. On completion, it will be able to supply the base for Indian Oil Corporation Ltd.’s lube plant at Manali, CPCL Managing Director H. Shankar told The Hindu.CPCL is the only refinery in the country that produces fuels, LOBS, and paraffin wax. “We supply base oil for Group I lubes, which are used in automobiles and other machinery. Group II and III lubes are specialised variants and can be used in high performance engines and automatic transmission fluids. They can withstand higher temperatures and have higher viscosity.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.