Chevron starts up new US Gulf base oils plant
Base oils produced at Pascagoula will add to capacity from the company's refinery in Richmond, California and a joint venture facility in Yeosu, Korea, approximately doubling Chevron's production capacity and positioning it to be the world's largest producer of premium base oil.
Chevron has begun commercial production of premium base oils
from a newly-constructed manufacturing facility at the
Mississippi, officials said on Monday.
Base oils produced at Pascagoula will add to capacity from
the company's refinery
in Richmond, California
and a joint venture facility in Yeosu, Korea, approximately
doubling Chevron's production capacity and positioning it to
be the world's largest producer of premium base oil.
"Lubricants are a high growth business supporting economic
development worldwide," said Mike Wirth, executive vice
president for Chevron downstream and chemicals business. "The
addition of the Pascagoula plant to Chevron's base oil
network enhances Chevron's reputation as a reliable and
flexible base oil supplier globally."
Base oils from the new facility will supply customers in the
US East, Europe
and Latin America, with
Richmond continuing to supply the US West, and both Richmond
and Yeosu supplying Asia.
The facility is designed to manufacture 25,000 bpd of premium
base oil, helping countries around the world meet
increasingly strict regulatory requirements and higher
performance standards for lubricants.
Premium base oil is the main ingredient in the production of
top-tier motor oils that help improve fuel economy, lower
and extend the time
between oil changes. Base oils are also used to make
lubricants and greases for machinery and equipment in the
commercial and industrial sectors.
The base oil facility uses Chevron's proprietary
invented in 1993. The
results in higher
yields and enables a broader range of crude oil to be used in
the manufacturing process.
Over half of the world's premium base oil is manufactured
with this technology
agreements with Chevron, according to company officials.