• July 18, 2024
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Saudi’s Yunigreen to set up re-refinery for high-performance base oils with STP

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 f construction of two Lube Oil Hydrofinishing Units, each with a capacity of 300 metric tonnes per day in Yanbu Industrial City.

These unit 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 Est Base Oils and Lubricants Conference in Riyadh, Yunigreen announced a partnership with STP Studi Tecnologie Progetti SpA, a leading engineering company based in Roma, Italy, specialising in re-refing 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.