CleanOil Investment Ltd. and Jebsen Industrial Technology Company Ltd. announced the start of their joint venture operations, Zhuhai CleanOil Petrochemical Co., Ltd, on Nov. 4. Jebsen Industrial Technology Co. Ltd. is a subsidiary of Hong Kong’s Jebsen Group.
Located in the Gaolan Port Economic Zone, Zhuhai, Guangzhou Province, Zhuhai CleanOil will produce Group II base oils using a patented technology developed by Hong Kong’s CleanOil Investment Ltd. It will also blend and package lubricant products for automotive and industrial applications.
Plant output is estimated at 35,000 tonnes of lubricants a year. The 35,000-square metre facility cost USD 40 million and took two years to build. It will employ about 100 people. The target market includes cities along the Pearl River Delta and the Yangtze River Delta.
“CleanOil is committed to innovating the oil market in China with its disruptive technology, producing high quality base stocks and lubricating oils ‘Made in China.’ Our proprietary, advanced, and environmentally friendly refining processes not only boast lower emissions but also better energy consumption, as we have well proven in our prototype in Hong Kong,” said Antony Louis Marden, founder and owner of CleanOil Investment Ltd.
“Given that our prototype in Hong Kong has been run successfully and consistently for nearly 10 years, it’s time for us to take a big step forward and build a bigger, commercial scale plant. With the recognition and support from the Gaolan Government, we are glad that our first industrial plant is sited here in the national class petrochemical park of Gaolan,” said Marden.
Jebsen Group Chairman Hans Michael Jebsen said that “The Group will draw on its knowledge of China’s automotive aftermarket and its China-wide sales and distribution network of industrial products in the region to support the new business and meet the growing demand for quality lube oils.”