Mozyr Oil Refinery increases processing depth to 68.3% in January-October
In January-October 2008, the Mozyr Oil Refinery increased the oil processing depth to 68.25%, or 2% up over the same period of last year, BelTA learnt in the company.
In the period under review, the withdrawal of light oils increased by 3%.
At present, the Mozyr Oil Refinery is successfully carrying out the technical reconstruction which includes four stages. Some $1.2 billion is expected to be invested in the reconstruction of the company. In line with the first stage of the reconstruction programme, a benzene production facility and an alkylation unit have been already launched.
By 2011, specialists of the Mozyr Oil Refinery intend to expand the processing depth to 92-94%. To reach these parameters, the company is assembling several technological units simultaneously including a petrol hydrodesulphurization unit, a hydrogen production unit and a diesel fuel hydrogen refining unit. Two of these units are expected to be launched in 2009. At present, the project on construction of a paraxylene production unit is being considered by experts.
According to specialists, the global financial crisis and the difficulties with banking loans will not have a serious influence on the reconstruction rates of the company. The Mozyr Oil Refinery has enough its own funds to continue the works.
