WESSELING, Germany: This week, Shell said that as part of its efforts to reduce carbon emissions, it will close its oil refinery in Wesseling, Germany, by 2025 and convert the site into a lubricant feedstock factory.
The site's hydrocracker unit will be converted into a production unit for Group III base oils, used chiefly in engines, with a capacity of some 300,000 metric tons a year, equivalent to some nine p