SOPC to Produce 2 M tons of Petroleum Products in 2019/20

SOPC to Produce 2 M tons of Petroleum Products in 2019/20

Suez Oil Processing Company (SOPC) plans to produce 2 million tons per year of different petroleum products in fiscal year (FY) 2019/20, said Mohamed Eliwa, head of the company, according to Al Borsa News.

The company will conduct a number of projects with investments around EGP 700 million, Eliwa stated.

The plan includes a rehabilitation program for the coking complex and the butane producing unit, which aims to secure high-quality petroleum products through boosting diesel and butane production capacity, he added.

The company will also establish an asphalt production plant and a boiler for producing the steam required for electricity and petroleum rationalization projects. SOPC will further develop health, safety and environment (HSE) systems.

Sarah Samir 3401 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register