NEW DELHI--August 16, 2023--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.
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