Hyundai engineering wins refinery project
Hyundai Engineering Co., the construction unit under South Korea’s Hyundai Motor Group, recently won a 273.2 million dollar refinery project from a major Thai energy company. The Korean company signed an engineering, procurement and construction contract with Bangchak Corporation Public Company (BCP) to build continuous catalyst regeneration reformers and replace old hydrocracking units at the oil refinery in the Phra Khanong district of Bangkok, Thailand.
According to Hyundai Engineering, the new facilities would allow the production of premium high-octane petrol while the replaced hydrocracking units would boost the daily capacity of the refinery from 25,000 barrels to 27,500 barrels. BCP is one of Thailand’s major energy companies, with its Bangchack refinery producing 120,000 barrels of oil per day that are distributed to more than 1,000 service stations across the country.