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Economy News - Baghdad
The Southern Refineries Company, one of the companies of the Ministry of Oil, announced on Tuesday the most prominent features of the crushing unit project, and while it indicated that it aims to maximize gasoline production, it confirmed that it will contribute to strengthening the state budget.
Assistant project director, Habib Abdel Amir, told the official news agency, “The Catalyst Crushing Unit (FCC) project established the foundations for dealing with the waste of the aerial distillation tower, which is considered heavy materials of limited benefit, and converting it into useful distillates for use in the lives of citizens and contributing directly to enhancing The country's budget by reducing imported goods.
He explained that “the vacuum distillation unit is the basic unit that deals with the waste of the atmospheric refining tower,” indicating that “this waste (without the crushing unit with the catalyst) is currently exported in the form of black fuel at a cheap price that is sold by the ton, but with the operation of the vacuum distillation unit, this will be transformed into Waste (heavy distillates) to vacuum gas oil gas.
He added, "The vacuum gas oil will be processed in specialized units to become a feed material for the catalyst cracking unit, which represents the heart and essence of the project."
He pointed out that "the goal of establishing the unit is to maximize the production of gasoline, which is car fuel, in order to increase the quantity, improve the quality, and reduce imported ones, which represents a goal for the Ministry of Oil."
He continued, "The project will also contribute to the production of other derivatives, such as improved gasoline, and will strengthen the state budget by reducing the use of imported goods."
Added 10/03/2023 - 7:35 PM
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