Repsol-SK Launch Cartagena Base Oil Plant
- The Cartagena plant produces 630,000 tons of Group II and III base lubricants annually.
- Construction began in 2012 with a €250 million investment.
- Over 1,600 people from more than 100 companies contributed 2.5 million working hours.
- The first oil cargo will depart for Rotterdam in the next few days.
Production Commences at Cartagena Plant
Repsol and SK have initiated production at their new base oil plant in Cartagena. The first oil cargo is set to depart for Rotterdam in the coming days.
Facility Overview
Located adjacent to the Repsol refinery, the ILBOC plant is the largest of its kind in Europe, with a production capacity of 630,000 tons of Group II and III base lubricants. These high-quality base lubricants are essential for next-generation lubricating oils.
Construction and Investment
Construction of the facility began in 2012, involving an investment of €250 million. The project saw the participation of over 1,600 individuals from more than 100 companies, accumulating over 2.5 million working hours.
Market Demand and Compliance
The European market's demand for high-quality base oils is rising, driven by the need for synthetic lubricants suitable for new engines like the Euro VI, mandatory in Europe since 2014. These lubricants help improve fuel economy and reduce greenhouse gas emissions.