India's HPCL to Add Solvent Deasphalting Units

Researched by Industrial Info Resources (Sugar Land, Texas)--Indian refineries are scheduled to invest about US$479 million to construct 143,519 barrels per day (BBL/d) of solvent deasphalting capacity in an attempt to further enhance profitability by increasing distillates production.

Among the projects, Hindustan Petroleum Corporation Limited (HPCL) (Mumbai, India) is planning a 62,000-BBL/d solvent deasphalting unit as part of its refinery modernization project at its Visakhapatnam facility by early 2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Refining Project Database can click here for the project report. HPCL also is planning a 17,000-BBL/d solvent deasphating unit at its Mumbai refinery, construction of which could begin late next year. Subscribers can click here for more details.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).