Hengyi to build oil refinery, aromatics plant in Brunei
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, Hengyi Industries, 70% of which is owned by Hengyi Group and 30% by the Brunei government, will invest $3.445 billion to construct an integrated oil refinery and an aromatics plant in Brunei.
The new refinery and the plant are expected to start up in the second quarter of 2019, sources said.
The plant is planned to process 175,000 tons/year of crude oil and produce about 1.5 million tons/year of PX, 500,000 tons/year of benzene, gasoline, jet fuel and diesel.
The new refinery and the plant are expected to start up in the second quarter of 2019, sources said.
The plant is planned to process 175,000 tons/year of crude oil and produce about 1.5 million tons/year of PX, 500,000 tons/year of benzene, gasoline, jet fuel and diesel.
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