Turkey's Tupras Completes New Refinery Unit to Process 28 Million Tonnes per Year

KOCAELI--December 18, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Turkey's sole oil refiner, Tupras (BIST:TUPRS) (Kocaeli, Turkey), has finished its $2.9 billion Residuum Upgrade Project (RUP). The new unit at the Izmit Refinery is expected to produce 28 million tonnes per year of diesel from lower-value raw materials. Tupras is a subsidiary of Turkey's biggest conglomerate, Koc Holding (BIST:KCHOL) (Istanbul, Turkey).

Within this article: Details from the opening of the new refinery unit by Tupras.