Hyundai Engineering wins Thai refinery deal
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Hyundai Engineering Co. has announced that it has won a 290 billion won (US$273.2 million) refinery project from a major Thai energy company.
The company signed an engineering, procurement and construction (EPC) contract with Bangchak Corp. Public Co. Ltd (BCP) to build continuous catalyst regeneration reformers and replace old hydrocracking units at the oil refinery in the Phra Khanong district of Bangkok, Thailand.
The new facilities would allow the production of premium high-octane petrol, while the replaced hydrocracking units would boost the capacity of the refinery from 25 000 bpd to 27 500 bpd. BCP’s Bangchack refinery produces 120 000 bpd of oil, which are distributed to more than 1000 service stations across the country.
In a statement, Hyundai Engineering said: “We were able to clinch the deal as we had completed similar projects in Malaysia. We have also built up strong credentials having worked on various EPC projects with big petrochemical names in Thailand, including Siam Cement Group, PTT Group and Thai Oil Public Company.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/24042018/hyundai-engineering-wins-thai-refinery-deal/
You might also like
Hydrocarbon Engineering Podcast
Susan Bell, Senior Vice President within Commodity Markets – Oil, Rystad Energy, discusses the impact of trade wars on global oil demand and oil prices, in light of President Trump’s ‘Liberation Day’ tariffs.
EU shifts on climate targets in the face of industry reality
The EU’s shift on climate targets has come to echo the reality of the industry, according to an Aggreko report.
