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P
PR
January 13, 2021

Byco Begins Civil Works On FCC, DHDS Units

National

P
PR
January 13, 2021

Karachi: Byco Petroleum Pakistan Limited, Pakistan’s largest oil refining company, reached a key milestone in its Upgrade 1 project by beginning civil works construction on 9th January, 2021 at the site earmarked at its refining complex for the construction of the project. In an Extraordinary General Meeting held on 2nd April 2020, Byco had announced its plans to upgrade its refining complex with the installation of two major new additions to its refineries, namely the DHDS (Diesel Hydro Desulphurizing) Unit, and FCC (Fluidized Catalytic Cracking) Unit.

At the ground breaking ceremony, Mr. Mohammad Wasi Khan, Chairman, Byco’s Board of Directors, commented: “As per our planned schedule, Byco has commenced civil works for the installation of our DHDS and FCC units.

The addition of the DHDS and FCC facilities to our refining complex will enable Byco to produce Euro 5, Euro 6 compliant diesel and gasoline in Pakistan as per the government’s directive.

The upgrade will enable Byco to reduce production of low value Furnace Oil and enhance our products’ quality, making them better for the environment as well as more valuable for our business and thereby will boost Byco’s profitability Insha’Allah. We are thankful to all our stakeholders, including our shareholders, the Ministry of Energy, Petroleum Division; the Ministry of Finance; the Ministry of Commerce, OGRA and our financial institution partners.”***