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Shell expects lubricants growth of the Asia-Pacific region in 2020 half of China

Royal Dutch Shell is expected that China will replace the U.S. in 2015 to become the largest lubricant market, Shell in Tianjin, a new oil production line, annual output will reach 300,000 tons.
 
If we add to the future can continue the expansion of 20 million tons of annual production capacity of this new lubricants plant's total capacity will reach 500,000 tons annually, will be Shell's existing largest lubricant plant, will also become the world's largest The lube oil blending plant.
 
Shell expects that by 2020, more than half of the Asia-Pacific region will account for the global demand for lubricants demand, which has half the growth in demand from China.
 
Mark Gainsborough, downstream of the Shell Group global business operations, executive vice president, said the capacity of the new lubricants plant in Tianjin ahead of the lubricants market space for China's future growth is expected to.
 
The plant will be in commercial operation in 2015. Shell lubricants in China and Hong Kong Managing Director Shen Jian, said the new plant will have the capacity of the production of the world's most high-end products, high-end lubricants can help owners to improve the efficiency of fuel use.
 
With the completion of Shell's new lubricants plant in Tianjin, Shell Lubricants is to increase the layout of the North China region. After 6 Shell lubricants plant, mostly in the Zhapu, Zhejiang and Guangdong Zhuhai, total production capacity reached 1.5 million tons.
 
Shell's new factory in Tianjin in North China market, after the Tianjin has built a lube oil blending plant, but an annual capacity of only 200,000 tons, the start of the new plant will enable Tianjin to become Shell in China only has two home lube oil blending plant of the city, Shell China's largest lubricant base.
 
Mark Gainsborough, said the establishment of a new factory will be able to help Shell closer to the user, Shell will rely on the Tianjin Nangang Industrial Zone, convenient logistics, and product coverage of the north, and even the Northeast regional markets.
 
The new plant is completed, the strategic focus of Shell's lubricants market in China will no longer be confined to the southern region.
The past few years, the vehicle population in China is rapid growth, steady growth in the demand for lubricants. Various oil producers have increased in the lube plate layout.
 
Earlier this year, Shell and South Korea's Hyundai Oil Company signed a conditional joint venture agreement, Seosan in South Korea, refinery development, construction and operation of a base oil manufacturing plant, will be able to shorten the distance and Nankang blending plant, reducing Shell lubrication oil import costs of raw materials.



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