BP PLC plans to build a new lubricants blending plant in China to help meet the country’s rapidly growing demand for high-quality lubricants. The new plant will be BP’s third lubricants blending plant in China and, with expected investment of around RMB1.5 billion ($230 million), will also represent BP’s single largest blending plant investment worldwide.
The new plant will serve as a strategic production hub for BP and Castrol’s lubricants business in China and complement the two lubricants blending plants already operating in China.
The new plant, expected to start operation before the end of 2021, will have an annual production capacity of 200,000 tons. With an area of over 150,000 square meters, it will be able to produce premium lubricants and greases for automobiles, industrial, marine, and aviation customers, as well as special lubricants and additives, with a particular focus on synthetic products which offer superior engine protection and performance compared to conventional oils.
Located in the Tianjin Economic-Technological Development Area (TEDA), in Binhai New Area, Tianjin, the blending plant will supply premium lubricant products to customers in north China. Tianjin is the largest coastal open city in north China and one of four municipalities directly under the Chinese Central Government.
Read More: BP plans largest lubricants plant in China
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