Posts Tagged ‘extension’

Carlyle and Sunoco to revive Philadelphia refinery

Philadelphia Refinery to rely on Marcellus shale gas Last year Sunoco Inc (Sunoco) had  announced to close the Philadelphia refinery in Pennsylvania, USA, on summer 2012 if no buyer could be found in the meantime. But the development of the shale gas in USA much faster than expected and in […]

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Bapco ready to move on the $6 billion Refinery expansion

Sitra Refinery expansion preliminary studies completed  After multiple scenarios for revamping and expansion, the Minister of Energy in Bahrain, Dr. Abdul Hussain bin Ali Mirza, has announced the completion of the preliminary studies to modernize the Sitra refinery. The plan of the Bahrain Petroleum Company (Bapco) aims to increase energy efficiency and […]

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Brownfield

Definition Brownfield refers to project of expansion or revamping or services on an existing facility By opposition greenfield is the common word to describe a new project. Comments In that respect a brownfield investment covers also the situation where a company or government entity purchases or leases existing production facilities to launch a new […]

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Polyplex invests $150 million in Turkey for PET

Indian polyester leader Polyplex selects Turkey for expansion  Polyplex Corp. of India,  is the fourth largest producer of polyester film in the world. Polyplex and the Investment Support and Promotion Agency of Turkey (ISPAT) have jointly announced the decision for Polyplex to select Turkey to support its global expansion in […]

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Samsung tops the Carbon Black unit in Ruwais Refinery

Takreer moves on with $10 billion Ruwais Refinery expansion The Abu Dhabi Oil Refinery Company (Takreer) is moving on with its Ruwais refinery expansion in UAE. This refinery expansion will add a capacity of 400,000 b/d crude oil  to the actual 417,000 b/d. The Capital expenditure is estimated around $10 billion The refining units should have the following capacities:  – 59,800 […]

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$4 billion Reliance Jamnagar Refinery Coke gasification: PMS contract awarded

Fluor wins the Project Management Services Contract Reliance Industries Limited (RIL) is converting a part of the fuel production for export into petrochemical added value products. In that purpose, RIL has awarded a contract to Fluor to provide project management services (PMS) for its refining and petrochemical projects to be executed […]

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The $1 billion Luberef Yanbu Lube Oil Refinery on Bidding

Luberef stands for the Saudi Aramco Lubricating Oil Refining Company created by Saudi Aramco and ExxonMobil. But since 2007, Luberef is a 70/30 joined venture between Saudi Aramco and Jadwa Investment to operate lube oil refineries in Yanbu and Jeddah. With Jeddah and Yanbu refineries, the total Luberef actual capacity […]

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