12 January 2021
Petron to invest around P3 billion to boost Bataan refinery operations
PETRON CORP. is infusing close to P3 billion to improve its refinery operations in Bataan, after securing approval from the Authority of the Freeport Area of Bataan (AFAB) to register in the province’s freeport area, the firm told the local bourse on Monday.
“As part of its commitment to AFAB, the Company is expecting to undertake in the next five (5) years several capital investments amounting to nearly P3 billion to further improve the efficiency of the integrated operation of its Bataan Refinery,” Petron said in a statement.In a regulatory filing, the oil company also confirmed that it was able to register as an enterprise of the Freeport Area of Bataan, and this would play a part in improving its financial survival. “The AFAB registration of the refinery facility of the Company will help make its refining business more competitive by improving its financial viability in the long run and address some of its major concerns,” Petron said.
05 March 2016
The Bataan Refinery expansion was initiated in April 2011 and was completed in January 2016.”
The RMP-2 project enhanced the Philippines’ supply security and enabled the company to meet the growing demand for LPG, gasoline, diesel and petrochemicals. It included upgrading the delayed coker unit (DCU) with a design capacity of 37,500 barrels per stream day (bpsd). The operational efficiency of the refinery also significantly improved with the expansion, as all the black streams are now converted into high-margin white products and petrochemicals.
The expansion doubled the propylene production capacity and refining complexity in the region. It enabled the refinery to adhere to Euro 5 global clean air standards to produce fuels, helping to improve the air quality. Petron was also able to expand and strengthen its retail network, integrate the petrochemicals business and increase its presence in the export market with this expansion.
05 March 2016
The Philippines largest oil refinery installs the world’s first plastic ‘out of size’ intake structure
The Petron Bataan Refinery (PBR) in the Philippines, chose Weholite, the high density polyethylene (HDPE) pipe, to complete its cooling water intake and outfall pipelines.
The Project Services team at Uponor Infra, international experts in providing turnkey solutions for the marine environment designed, installed and supervised the installation of cooling water intakes and discharge outfalls and all of the intake structures for the project.
Weholite, the global leading brand in large diameter pipe technology, is one of the few solutions on the market that can be produced in diameters up to 3.5 meters internally. The HDPE pipe can be easily welded together on site and does not corrode, which is an important factor when pipes are installed in salt water and marine applications.
