Start-up of A New Distillate Hydrocracker
Year:2008 ISSUE:1
COLUMN:M & A, BUSINESS & TRADE
Click:195    DateTime:Nov.18,2008
Start-up of A New Distillate Hydrocracker    

Total has announced the start-up of a new distillate hydrocracker at the WEPEC refinery in Dalian, Liaoning province, in which Total holds a 22.4% stake.
    Representing a total investment of $240 million, the new conversion unit increases the refinery's annual diesel fuel production capacity by 40% to 3.5 million tons, to meet the growing needs of the Chinese market for low sulfur products.
    The addition of the WEPEC hydrocracker is in line with Total's strategy of strengthening its industrial infrastructure, following the start-up in 2006 of a similar project at the Normandy refinery in France and the construction of several large desulphurization units at other Total refineries in Europe.
    These investments reflect Total's commitment to continue adapting its refinery base to the markets.