The Minister of Industry, Energy and Tourism, José Manuel Soria, inaugurated ILBOC's new generation lube base oils plant in Cartagena. The plant, which is the largest production plant of its kind in Europe, has a capacity of 630,000 tons per year. ILBOC produces high-quality lube base oils that are ideal for Euro VI engines and contribute to reducing greenhouse gas emissions. The products are primarily destined for the European market, covering 40% of demand. ILBOC directly employs 90 people and supports over 100 people in other companies that provide services to ILBOC.