INEOS Bamble AS and Puralube Nordic AS (a joint venture between Norsk Spesialolje AS (NSO) and Puralube GmbH) have announced an agreement to locate a new environmentally friendly lubricant oil production plant on the INEOS site at R nningen, Bamble, Norway. The new plant, which is to be built, owned and operated by Puralube, will covert waste oils into super-clean lubricants, which can be used in cars, transportation and a broad range of industrial applications.
Bill Reid, CEO of INEOS Polyolefins, which owns the Bamble site said, "This is a great step forward for our strategy to grow a strong and diversified industrial environment at our Bamble site. We have been able to develop this exciting opportunity with Puralube based on the combination of proximity to feedstocks, customers and a highly skilled workforce at Bamble; giving our location here a particular strategic advantage for these types of operations.
Puralube Nordic AS plans to invest 400 million NOK in the new Bamble facility and when commissioned in 2010, the plant will be capable of producing around 75,000 tonnes per annum of high viscosity, low sulphur, water white lubricant oils.
Bill Reid, CEO of INEOS Polyolefins, which owns the Bamble site said, "This is a great step forward for our strategy to grow a strong and diversified industrial environment at our Bamble site. We have been able to develop this exciting opportunity with Puralube based on the combination of proximity to feedstocks, customers and a highly skilled workforce at Bamble; giving our location here a particular strategic advantage for these types of operations.
Puralube Nordic AS plans to invest 400 million NOK in the new Bamble facility and when commissioned in 2010, the plant will be capable of producing around 75,000 tonnes per annum of high viscosity, low sulphur, water white lubricant oils.
