I D
× COMMENTARYIN THE NEWSNEWSFRONTSCHEMENTATOR + Show More BUSINESS NEWSTECHNICAL & PRACTICALFEATURE REPORTFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILEENGINEERING PRACTICEENVIRONMENTAL MANAGEREQUIPMENT & SERVICESFOCUS
Focus on Valves
Safe combustible-dust-explosion isolation Isolation is essential to protect adjoining system…
NEW PRODUCTS + Show More

Comment Business & Economics

Wison wins Puerto la Cruz oil refinery in Venezuela  

By Gerald Ondrey |

Wison Engineering Ltd. (Shanghai, China; www.wison.com ), China’s largest private sector chemical engineering, procurement and construction (EPC) service provider, has been officially awarded an EPC contract by PDVSA Petroleo, S.A. (PDVSA), Venezuela’s state-run oil company, at the Puerto la Cruz oil refinery. Hyundai Engineering & Construction Co. and Hyundai Engineering Co. are jointly participating in the project as Consortium Hyundai-Wison. The total contract value amounts to approximately $2.993 billion, of which Wison Engineering will receive a share equivalent to approximately $927.8 million. Consortium Hyundai-Wison will carry out EPC and startup assistance of the Environmental Units, Auxiliary Units and Revamp of Atmospheric Distillation Units of the Deep Conversion Project, Puerto la Cruz Refinery, which is located about 250 km east of the Venezuelan capital of Caracas. The project will upgrade petroleum refinery facilities to process heavy crude oil, with a capacity of 210,000 bbl/d. In addition, the contract calls for the expansion of gasoline, diesel and aviation kerosene projects and other facilities. The project is expected to be completed within 42 months from its commencement. Dong Hua, vice president…
Related Content
Plant Watch: December 2019
Plant Watch Wacker starts up new silicon-metal production plant in Norway November 15, 2019 — Wacker Chemie AG’s (Munich, Germany;…

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
Improving chemical production processes with IIoT and AI technologies
New filtration technology for highly corrosive media
PTA production: Lowering OPEX without compromising on quality
Sure that zero means zero in your zero-liquid discharge (ZLD) process?
How separation processes profit from Industrial Internet of Things (IIoT) solutions

View More

Live chat by BoldChat