ISLAMABAD, JAN 29, SPA -- The Pak-Arab Refinery Limited (PARCO) has signed an agreement with a consortium of China National Chemical Engineering Group Corporation (CNCEC) and Hyundai Engineering Company (HEC) of South Korea for the engineering, procurement and construction of $132 million Diesel Hydro-desulphurization Plant at its 100,000 barrels per day Mid-Country Refinery at Mahmood Kot, Muzaffargarh, said an official statement.
The new plant will help PARCO produce low-sulphur High Speed Diesel (HSD) to meet EURO-II specifications.
This will be in line with Government of Pakistan s directive and will reduce sulphur contents in HSD from the present 7000 parts per million to 500 parts per million.
It will have a capacity of 26,000 barrels per day. The process design and license for the plant has been obtained from M/s UOP of USA.
The statement said that PARCO has always remained an environmentally conscious corporate entity.
The company pioneered 87 Octane (2001) and 90 Octane (2003) lead-free gasoline and with the introduction of the new plant PARCO will again take the lead in producing environment-friendly products.
The project is expected to be completed in the third quarter of 2010.
© Saudi Press Agency 2008
