Bapco and its joint venture partners’ nogaholding and Neste Oil of Finland started the production of high end Group III lubricant base oils from its recently commissioned new Lube Base Oil Plant at its Sitra Refinery.
This is the first plant in the Gulf region producing such high quality lubricant base oils. These products marketed under the JV brand names of NB3043 and NB3080 are in great demand in Western Europe and the US. The products are stored at the Sitra Product storage facility and are shipped from the Bapco wharf. Neste Oil is lifting the products. The first ship, “SKY DREAM” arrived at Bapco Wharf for loading the products on 26th November 2011. The loading of 18,000 metric tons was completed at the early hours of 28 November 2011 and the ship departed later in the day. The final destination of this shipment is Neste Oil’s export and distribution terminal at Antwerp in Belgium.