By the OGJ Online Staff
HOUSTON, Aug. 16 -- Enerchem International Inc., Nisku, Alta., will build a fractionation plant in the Slave Lake area of Alberta.
The plant will complement the operations of Enerchem subsidiary Trysol Canada Ltd., which provides oil-based specialty solvents.
It should cost $9 million (Can.) and be on stream by Nov. 30.
The 6,000 b/d plant, said Enerchem, will be fully automated. The company estimated that at current prices the plant will produce gross revenues of $295,000/day.
"The increased demand for our specialty solvents prompted us to increase capacity significantly and after an extensive search the decision was made to locate our new facility in the Slave Lake area," stated Larry Phillips, Enerchem president and CEO.
He said, "The plant will be situated near a stable and long-term supply of feedstock and its close location to the town of Slave Lake offers the availability of a full range of service and supply companies to handle any maintenance requirements."
Enerchem International Inc. provides chemicals and technical solutions to the oil and gas industry.