Vung Ro Petroleum lets contract for refinery project

Vung Ro Petroleum Ltd. (VRP) has let a services-related contract to Ineos for a 900,000-tonne/year polypropylene project at its grassroots refinery complex in Hoa Tam Commune in the Dong Hoa district of Phu Yen Province, Vietnam.

Under the contract’s terms, Ineos will provide its Innovene PP process to the plant for the manufacture of homopolymers, random copolymers and impact copolymers to plant, according to Ineos.

The project, which will allow the plant to produce a wide range of polypropylene grades, is designed to serve growing demand in the Asian market.

The VRP grassroots refinery project—a $4 billion refinery, petrochemical, and seaport development fully financed by foreign investors—will have an 8 million tpy capacity for processing VRP Blend and Arabian Light crudes into products satisfying both Vietnamese and international specifications and standards, according to VRP’s web site.

The planned product slate includes gasoline and diesel meeting Euro 5 standards as well as jet fuel, LPG, and fuel oil. In addition to polypropylene, the petrochemical portion of the complex will produce benzene, toluene, and mixed xylene, VRP said.

VRP expects to commission the refinery in 2018.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

HOW INDEXES HAVE RISEN

01/01/1990 Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose slowly, from 1106.2 in January 1987, to 1184.1 in December ...

OGJ NEWSLETTER

01/01/1990 Will oil price stability dominate the 1990s? Analyst Philip Verleger thinks so. Using a measure of market concentration the U.S. government uses t...

DOE PRESSES CLEAN COAL PROGRAM

01/01/1990 The U.S. Department of Energy has chosen 13 more clean coal technology (CCT) projects in its third round of competition. If private sponsors and DO...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected