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Saudi Arabia Procurement News Notice - 79161


Procurement News Notice

PNN 79161
Work Detail Group II and Group II+ base oils production units will be located in Yanbu Industrial Saudi’s Yanbu United Company for Trade and Industry (Yunigreen) announced on Tuesday the start of construction of two Lube Oil Hydrofinishing Units, each with a capacity of 300 metric tonnes per day in Yanbu Industrial City. These units will produce high-quality Group II and Group II+ base oils, and will be operational from July 2027. Under a Memorandum of Understanding signed at the 19th ICIS Middle East Base Oils and Lubricants Conference in Riyadh, Yunigreen announced a partnership with Studi Tecnologie Progetti (STP), a leading engineering company based in Rome, Italy, specialising in re-refined base oil technology for the project. Abdullah Al Harbi, CEO, Yunigreen said: “By converting existing Group I re-refinery production to Group II and Group II+, Yunigreen supports lubricant producers’ carbon reduction initiatives without compromising product quality.” Yunigreen, founded in 1979 in Saudi Arabia, is a global leader in the production of high-quality Base Oil, backed by an annual production capacity of 218,000 kt.
Country Saudi Arabia , Asia
Industry Oil & Gas
Entry Date 10 Oct 2024
Source https://www.zawya.com/en/projects/industry/saudis-yunigreen-to-set-up-re-refinery-for-high-performance-base-oils-fneg8eb1

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