# Ilboc to invest €60M expanding lubricant plant in Cartagena, Spain

Ilboc, a joint venture between Repsol and SK Lubricants, plans to invest €60 million to expand its lubricant base oil plant in Cartagena, increasing capacity from 751,920 to 1,228,201 tonnes per year. Construction is expected to start in late 2019 or early 2020.

- Type: Expansion
- Announced: 2019-05-13
- Where: Valle de Escombreras, Cartagena, Spain
- Value: $67.2M (60.0M EUR)
- Status: announced
- Capacity: 1,228,201 tonnes per year
- Products: lubricant base oils, naphtha, diesel, slops
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ilboc](https://endata.com/companies/38973.md)
- [Repsol](https://endata.com/companies/3079.md) (partner)
- [SK Lubricants](https://endata.com/companies/38974.md) (partner)

## Sources

- [laverdad.es](https://www.laverdad.es/murcia/cartagena/trabajos-solaparan-ampliacion-20190513005043-ntvo.html), 2019-05-13: "Esa compañía, formada por la petrolera española y la empresa coreana SK Lubrincant, ultima un proyecto, cuya inversión podría alcanzar los 60 millones de euros."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.