Tuesday, May 8, 2007

New LIOC lube blending plant, in Trincomalee


Lanka Indian Oil Corporation (LIOC) is planning to implement a lube oil blending plant in Trincomalee in July, 2007. This plant will replace Indian imports of finished lubricants. They have target local lubricant oil market as well as foreign market share. They are planning to explore the possibilities of exporting lube oil to Maldives, Bangladesh and Mauritius and many other countries in region.

The LIOC is doing this project under government support to eliminate security threats. They have invested 600 millions of SLR on this project. The proposed plant will produce 18,000 mts of lube oil per year.

(Source: - Sunday observer financial news)

This is very good news for us, because these type of plants will offer us direct carrier & research opportunities as chemical & process engineers. So we can serve our service to our own mother land with out leaving the country seeking carrier opportunities which are relating to our field.

1 comment:

linus said...

Nice articles and your information valuable and good articles thank for the sharing information Oil Blending Plant

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