Country’s mostsignificant refiner desires to relocation up to greater added-value fuel items released : 8 Mar 2023 at 18: 06 Thai Oil Plc (TOP), the nation’s biggest oil refinery by capability, strategies to assign capital costs worth UnitedStates$1 billion to broaden its companies inbetween 2023 and 2025, with half the budgetplan going to the Clean Fuel Project (CFP). Under the CFP, the business desires to boost its oil refinery capability to 400,000 barrels a day, up from 280,000 now, and upgrade fuel oil to items with greater worth, consistingof diesel and jet fuel, stated chief executive Bandhit Thamprajamchit. The CFP, situated in Sri Racha district of Chon Buri, is setup to start operations in2025 It will produce cleaner diesel to satisfy the greater ecological emission requirement Euro 5, arranged to be implemented in Thailand from Jan 1,2024 The task will likewise pave the method for TOP to transform gas into a raw product for making plastic pellets in the petrochemical market. This
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