Taicang will build the world's largest oil production base

(China) Industrial Co., Ltd. annual output of 73,000 tons lubricating oil, lubricants and coolant expansion project signing ceremony was held in Shanghai, BP will be a major investment in its wholly-owned lubricant formulations Taicang plant expansion project will Enable Taicang plant capacity more than doubled. In addition to BP, the Taicang Port has gathered Exxon Mobil lubricants, China National Petroleum Corp. and other lubricants plant in East China's top 500 enterprises in the world oil production projects, three companies invested a total of seven projects in the port area, The total investment of 2.6 billion yuan, an annual production capacity of 1.06 million tons, all put into Taicang Port will become the world's largest oil production base.

"The use of synthetic base oil blending of gasoline engine oil drain intervals of up to 15,000 to 20,000 km, more than three times the life of ordinary lubricating oil, also allows the engine to reduce 3-5% of fuel. "March 2005, commissioned by the China National Petroleum Corporation to invest in East lubricants plant, deputy director Zhang Weidong said, here set lubricating oil storage and transportation, refined oil blending, filling in one, developed 245 746 varieties specifications of lubricants. These high-end lubricants are not only optimistic about SAIC, China's heavy truck, Shandonglingong, Wuyang Honda and other customers, and are using the "Snow Dragon" Antarctic expedition ship and Daya Bay Nuclear Power Plant. According to reports, CNPC's products are all high-grade lubricants lubricants plant in eastern China, the plant's output and oil sales account for about one third of the lubricants business.

Inspired by the harbor in recent years, East China lubricants plant and the expansion of production capacity, so that the scale of production expanded from 120,000 tons to 300,000 tons beginning, tank capacity of 120,000 cubic meters, the transit capacity of 400,000 tons, and invest 160 million yuan to accelerate the construction of logistics center project. Meanwhile, China Petroleum oil company to invest 250 million yuan in the construction of the second large-scale harbor oil products plant - Taicang oil lubricant additives project. Expected to put into production, the project can produce 68,000 tons lubricating composite additive, to achieve annual sales income of 1.782 billion yuan.

Exxon Mobil in 1997 in Taicang Port to build the world's largest package its lubricants plant and oil flagship plant in China - Exxon Mobil (Taicang) Petroleum Company Limited, the production of the Mobil brand lubricants, products Supply of the entire Chinese market. With production close to saturation, ExxonMobil embarked on oil production increase and expansion project. Expansion project will introduce a higher degree of automation, greater productivity, efficiency and better means to achieve production capacity after the completion of doubling capacity on the existing basis. Currently, 92 percent completion of infrastructure projects is expected to begin mid to late 10 of the inspection work, January 2016 trial production.

It is understood that BP Taicang plant currently covers an area of ??60,000 square meters, the annual output of 77,000 tons. Expansion project total investment 75 million US dollars.

Vice president of Shanghai Lubricant Association, Zhang Ling Fa introduction, Taicang Port can gather three Fortune 500 oil companies, larger than megaton, which is unique in Asia and the world, thanks to Taicang Port unique geographical environment, good investment environment, the port logistics advantages and other factors. Taicang Economic and Technological Development Zone Party Working Committee, the CMC vice chairman Gu Xiaodong told reporters, with the economic development has entered a new normal, active docking port area "along the way", the Yangtze River economic belt construction, to encourage oil production enterprises integration advantages resources to expand the industrial chain of high-end, extending the chain, to advance the world's largest production base of high-grade lubricants.