By OGJ editors
HOUSTON, July 30 -- Hyundai Oilbank Co. Ltd. (HDO) awarded a contract to Foster Wheeler Ltd. for project management of a $200 million clean fuels upgrade project at HDO's Daesan refinery130 km southwest of Seoul.
New plant facilities will include a third 25,000 b/d gas oil hydrotreating unit, a 20,000 b/d motor gasoline hydrodesulfurization unit, and a 40 MMscfd hydrogen manufacturing unit. The project also will include revamping an existing 35,000 b/d gas oil hydrotreating unit and utilities work.
The investment will reduce the gasoline's sulfur content to 30 ppm from 200 ppm and the gas oil from the new gas oil hydrotreating unit to 10 ppm in compliance with environmental legislation to take effect Jan. 1, 2006.
