HCMC - B.K.L Company Limited has put a lubricant blending plant into production in the Mekong Delta province of Long An, targeting the potential motorbike and car lubricant market here in the country.
Tran Minh Nhut, director of the company, said the company had spent some US$1.3 million developing the facility in Thanh Phat Industrial Zone in Ben Luc District in the province.
The company will supply the market with lubricant brand Yuki blended for cars and motorbikes besides its traditional oil for industrial processing products such as wood, rubber and fertilizer, Nhut said.
The lubricant plant’s first phase will turn out 3,000 products per hour with a tank system capacity of 700,000 liters. The second phase is planned for next year with output of 5,000 products per hour.
Nhut said materials and additives for the plant’s blending would be imported from Singapore, the Middle East, the United States and Europe.
The company looks to a 5% to 10% lubricant market share in Vietnam and plans to expand its business to other countries in the South East Asian region.
