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The lubricating base ILBOC will supply 40% of the European market (24/11/2014)

It represents an investment of 250 million euros |

The new plant database ILBOC lubricants, Repsol and SK Korean company, which is located in the Valley of tailings, is now 100% of production from which was implanted in late September. The goal now the company brand is to supply 40% of the lubricant bases that the European market demand, which is your main destination and thus decreasing the dependence of our continent imports of these products from outside producers.

Explained this morning ILBOC CEO, José Sancho, who claimed that in the future try to expand production capacity further and our experience assures us that increasing up to 30% is readily available. Sancho also highlighted that Although this is the second plant to be installed in Europe of these characteristics, the tailings is the most modern and large.

The Mayor, Pilar Barreiro, Minister of Industry, Juan Carlos Ruiz, and the Councillor for Employment, Joaquín Mowing, this morning visited these facilities, accompanied by their COO, Duyeol Youn;

together with the executive director of Industrial and Trading area Repsol, Lourdes Rodríguez Gutiérrez.

The plant ILBOC derived from a large upfront investment, as is that of Repsol, which has brought new projects which now we are and that has been possible thanks to the union of two large companies, stressed Monday the mayor.

For his part, Minister expressed the support they received and will receive from the Region to anyone who wants to settle in the region.

ILBOC has a production capacity of 630,000 tons of lubricating base year groups 2 and 3. These high quality base oils are the raw material for lubricating oils of new generation.

250 MILLION EUROS Inversia "N

It was mid-October when ILBOC loaded the first ship bound for retired product Rotterdam and since early November has started loading tankers to different parts of Europe and beyond, as India.

ILBOC plant is divided into two major areas: production, with an area of ​​36,000 m2, attached to the Repsol refinery where the two units process;

and over 56,000 m2, located on the Dock of tailings, where the storage tanks and the area of ​​issuance of trucks and boats are.

The basis of group 3 are used for the production of lubricating oils of art, suitable for Euro VI engines will be mandatory in Europe from 2014, and contribute to reducing emissions of greenhouse gases.

In the construction of this facility, which began in 2012 and involved an investment of 250 million euros, involving more than 160 companies, most of the region, and have exceeded 2.5 million hours of work, an average of 500 workers, reaching 900 at the beginning of summer.

In the new stage production, ILBOC template is 90 people, 2 of 3 being of the region.

They have hired basic services (security, maintenance, warehouse management, cleaning) and it is estimated that is generating indirect employment for at least another 100.

Source: Ayuntamiento de Cartagena

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