# Ilboc starts final phase of lubricant base oils plant expansion in Cartagena

ILBOC Iberian Lube Base Oils Company, a joint venture between Repsol and SKL, has started the final phase of its expansion project in Cartagena, Spain. With an investment of over €50 million, the project will increase production capacity of high-tech lubricant base oils by about 50% in the second half of 2021, aiming for up to one million tonnes annually.

- Type: Expansion
- Announced: 2021-06-11
- Where: Cartagena, Spain
- Value: $60.0M (50.0M EUR)
- Jobs: 200
- Starts operating: Q3 2021
- Status: under construction
- Capacity: 1 million tonnes per year
- Products: lubricant base oils
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [ILBOC Iberian Lube Base Oils Company](https://endata.com/companies/55801.md)
- [Repsol](https://endata.com/companies/3079.md) (partner)
- [SKL](https://endata.com/companies/55802.md) (partner)

## Sources

- [sedetecnica.com](http://www.sedetecnica.com/publicaciones/oilgas/noticias/2021/06/14/ilboc-inicia-la-%C3%BAltima-fase-de-ampliaci%C3%B3n-de-su-planta-de-cartagena), 2021-06-14: "Con una inversión de más de 50 millones de euros, este proyecto permitirá incrementar en torno al 50 por 100 su capacidad de producción de bases lubricantes de alta tecnología en el segundo semestre del año."

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