Lub-rref (Bangladesh) Limited, Chittagong, announces the signing of a contract with Chemical Engineering Partners (CEP), California, USA to build a Lube Base Oil Refinery in Chittagong. This facility will be the first of its kind in Bangladesh; it will treat used lube oil and refinery by-products combining two purposes in a single plant. “We are pleased to increase our global clients by bringing the CEP Process to this Southeast Asian country” said Joshua Park, president of CEP.
The plant will be located in JULDA Mouza across the river of Karnafuly, Chittagong, Bangladesh. The development will cover approximately 50,000 m2 land backed by similar space for a Oil Terminal.
Lub-rref (Bangladesh) Limited has contracted CEP to design the plant, which will have a feed capacity of 69,000 MT/Year producing approximately 50,000 MT/Year of Groyp-II Lub Base Oil. The facility will employ State-Of-The-Art Green Technology developed by CEP in various successful refineries completed throughout the world, including recently completed projects in Brazil and Kansas (United States) and under construction one in Saudi Arabia.
Process Design and Technology License agreement between Chemical Engineering Partners (CEP), USA and Lub-rref (Bangladesh) Limited was signed on 2nd March-2017 in the Ball Room of The Westin Hotel where Mr. Md. Abu Abdullah, Director General, Bangladesh Accreditation Board (BAB) was present as Special Guests, Eduardo Garcia, Economic/Commercial Officer, U.S. Embassy, Dhaka, as Guest of Honour, Mr. Joshua Park, CEO, President, Chemical Engineering Partners of USA, Janab Mohammed Yousuf, Managing Director, Lub-rref (Bangladesh) Ltd and other high officials were also present.
Mohammed Yousuf, Managing Director of Lub-rref (Bangladesh) Limited, expressed excitement to bringing this high-tech green technology to Bangladesh and said, “We are proud to contribute to the environment protection of Bangladesh through used oil & refinery by product treatment at the same time contributing to the industrialization and modernization of the nation with production of API Group II base oil.” Lub-rref (Bangladesh) Limited believes the refinery will help the country reduce approximately 50% of its import of Base Oil out of the 100,000 M.T requirement PA import. CEP hopes to contribute to Bangladesh’s growing oil industry with state-of-the-art refining technology and a plant that can provide jobs to the Bangladeshis people & transfer technology to Bangladesh having no exposure earlier.
The signing of the Lub-rref (Bangladesh) Limited contract comes on the heels of the successful start-up of CEP’s new LWART re-refinery in Brazil. The LWART plant is the largest re-refinery of its kind in South America and only producer of API Group II base oil in the region.
The Lub-rref (Bangladesh) Limited refinery in Bangladesh is projected to start up by the end of March 2019.
Engineering, Procurement, Construction and Management (EPCM) will be performed by another U.S. company located in Texas.
CEP is regarded as the global leader in the re-refining technology. CEP’s refining process (CEP Process) is environmental friendly that its process not only “regenerates” the used oil & other refinery by products but also reduces the overall CO2 emission when compared to burning the used oil. CEP is responsible for licensing the refining technology to third parties. The CEP Process produces API Group II base oils. These base oils have been tested and certified by API.