September 2004

Trends and Resources

HP Construction: HPIn Construction: Asia-Pacific

Foster Wheeler Ltd. (England) has a project management consultancy contract with Hyundai Oilbank Co., Ltd. (HDO). The agreement is for a $200 million clean fuels upgrade project for the Hyundai Oilban..

Jackson, Kim M., Hydrocarbon Processing Staff

Foster Wheeler Ltd. (England) has a project management consultancy contract with Hyundai Oilbank Co., Ltd. (HDO). The agreement is for a $200 million clean fuels upgrade project for the Hyundai Oilbank Refinery located at Daesan, 130 km southwest of Seoul, Korea. Financial terms were not disclosed. The project includes a new plant comprising of a third 25,000-bpd gas oil hydrotreating unit, a 20,000-bpd motor gasoline (mogas) hydrodesulfurization unit, and a 40 million-scfd hydrogen manufacturing unit. It also includes revamping the second existing 35,000-bpd gas oil hydrotreating unit, plus minor offsites and utilities works. Axens is providing a license to Bangchak Petroleum

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