Dow Jones Newswires: Published August 14, 2012
Royal Dutch Shell PLC (RDSA.LN) will break ground for a $100 million lubricant blending plant in northern China on Thursday, Mark Gainsborough, Shell executive vice president of Global Commercial Business, said Tuesday.
Located in the city of Tianjin, the world-scale plant will start commercial production in early 2015 and produce 300,000 metric tons of lubricants annually, Mr. Gainsborough said in a media briefing in Beijing.
The plant is planned to suit growing demand for lubricants in Asia, especially in China, Mr. Gainsborough said.
It will be the company’s seventh lubricant plant in China.
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