Petron spending US$100mil to upgrade PD refinery
KUALA LUMPUR: Petron Corp is spending US$100mil until next year to complete the upgrade of its refinery in Malaysia and allow it to produce Euro 5 diesel, the Philippines Star reported.
According to the news report, Petron embarked on the diesel hydrotreater (DHT) project at its Port Dickson refinery to meet the Malaysian government’s environmental standards.
Petron president and CEO Ramon Ang said: “We initiated the DHT modification worth US$100mil to comply to the environmental rules of Malaysia,” he said.
According to the Philipine Star, this move would enable Petron to produce more environmentally friendly diesel products that comply with Euro 5 specifications.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Stocks
Comments