Pak-Arab Refinery Limited (Parco) signed an agreement on Friday 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, says a Press Release.
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 directive and will reduce sulphur contents in HSD from the present 7,000 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 release said.
It 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.-PR