Petromin to complete new blending plant in 2010

Saudi Arabian Lubricating Oil Co. (Petromin Oils) said that its new lube blending plant will be completed in the second quarter of 2010. Located at Saudi Aramco Industrial Zone in Jeddah, the plant is designed to produce 250,000 tons of lubricating oils annually and will cost SR100 million (US$26.66 million). The plant, located on 55,000 square meters of land, will produce all types of oils for the industrial market and will set new standards in the region, said Samir Nawar, Petromin’s chief executive officer. (October 24, 2009)