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Total's biggest Asia Pacific marine lubricant blending plant opens in Singapore
TOTAL has opened its largest marine lubricant blending plant in Lube Park in Tuas, south Singapore owing to stronger demand from the shipping industry in Asia Pacific.
The new state-of-the-art facility boasts an annual production capacity of 310,000 tons.
This new major hub will boost the company's lubricant supply in the region, which already represents a quarter of its sales.
With a population of four billion, Asian demand for lubricants is expected to grow by 18 per cent and reach 20 million tons by 2025, almost a half of global demand.
The company said it intends to double its Asian sales, with production from the new plant accounting for a majority of the accelerated growth.
"Singapore is one of our busiest and most important marine hubs and we are able to meet our customers' complex supply and technical support needs from here," said Lubmarine marketing chief Serge Dal Farra.
"The new facility will provide direct access to the sea via a large brand new jetty allowing for easy delivery of raw materials and quick loading of finished products onto supply barges," he said.
The new state-of-the-art facility boasts an annual production capacity of 310,000 tons.
This new major hub will boost the company's lubricant supply in the region, which already represents a quarter of its sales.
With a population of four billion, Asian demand for lubricants is expected to grow by 18 per cent and reach 20 million tons by 2025, almost a half of global demand.
The company said it intends to double its Asian sales, with production from the new plant accounting for a majority of the accelerated growth.
"Singapore is one of our busiest and most important marine hubs and we are able to meet our customers' complex supply and technical support needs from here," said Lubmarine marketing chief Serge Dal Farra.
"The new facility will provide direct access to the sea via a large brand new jetty allowing for easy delivery of raw materials and quick loading of finished products onto supply barges," he said.
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