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Heritage Global Partners to manage auction of Chevron’s Pre-Commercial Pilot Refinery

Published by , Digital Editorial Assistant
Hydrocarbon Engineering,

Heritage Global Partners (HGP), a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc. has announced it is managing a global online auction featuring never used Vacuum Resid Slurry Hydrocracking (VRSH) Equipment in Pascagoula, MS, beginning 25 October 2019. Over US$50 000 000 in original costs. Available for immediate purchase prior to auction.

Heritage Global Partners to manage auction of Chevron’s Pre-Commercial Pilot Refinery

Global Online Auction – Chevron

25 October 2019 (7:00 am PDT) – 30 October 2019 (10:00 am PDT)

To register for the event and/or access the complete sale catalogue with photos, lot descriptions and other information, visit HGP’s website today. Assets listed below:

  • (3) Circulating Slurry Reactors (6’ ID x 101’ x 3240PSI @ 850F)
  • Lean Oil Contactor
  • Hot High-Pressure Separator
  • Warm High Pressure Separator
  • (2) Interstage Flash Drum
  • High Pressure Amine Scrubber
  • Product Stripper
  • FlowServe Centrifugal Catalyst Recycle Pump
  • And more!


“This is a once in lifetime opportunity to purchase never used state of the art Hydrocracking Equipment with over 50 Million in new cost,” said Matthew DelGuidice, HGP Senior Vice President. “Anyone in the Hydrocracking industry will be interested in this equipment and now that oil prices are set to go back up this is the opportune time to buy and utilise this equipment for years to come. This state of the art process converts heavy oil into clean burning fuel and was developed to meet all new government regulations coming into effect in 2020.”

For further information, please contact:
Matt DelGuidice, Email: Phone: 708.422.7400

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