Spain’s Minister of Industry, Energy and Tourism, José Manuel Soria, inaugurated a Group III base oil plant in Cartagena, Spain on Sept. 22, which is owned by the SK Lubricants-Repsol joint venture firm Iberian Lube Base Oils Company (ILBOC). About EUR 250 million (USD 273 million) was invested in this project. ILBOC directly employs 90 […]