May 2011

Trends and Resources

HP Construction: Middle East

Neste Oil and Abu Dhabi National Oil Co. (ADNOC) have a partnership concerning very high-viscosity index (VHVI) base oils. Along with the cooperation, 600,000 metric tpy of NEXBASE base oil is expecte..

Meche, Helen, Hydrocarbon Processing Staff

Neste Oil and Abu Dhabi National Oil Co. (ADNOC) have a partnership concerning very high-viscosity index (VHVI) base oils. Along with the cooperation, 600,000 metric tpy of NEXBASE base oil is expected to be brought onto the market at the end of 2013. Takreer, a subsidiary of ADNOC, will supply the feedstock, as well as operate and maintain the plant, while Neste Oil will be responsible for the sales and marketing of the base oil on behalf of ADNOC. There will be no investment costs for Neste Oil related to this activity. The plant is based on ExxonMobil Research and Engineering’s hydroisomerization technology and Neste Jacobs’ distillation technology. It will have a capacity of 5

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