abarrelfull wrote on 10 Aug 2012 20:18
Tags: argentina refinery s-america ypf
Latest News
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Galuccio announced a sharp reduction in fuel imports. The new unit required an investment of more than 1,400 million pesos, the most important of the last 15 years in the refining sector in the country. The President's Office, Cristina Fernandez de Kirchner, today inaugurated the new plant diesel hydrodesulfurization (HTG B) in the
Industrial Complex of La Plata.
In the event, which was attended by governors and other national, provincial and municipal YPF's CEO described the details of the work and announced some of the achievements in the three months of his administration. "With the commissioning of this plant, we finalized a major advance in technology and environmental issues, and we are taking a big step to adapt to the laws of the most demanding world markets," said Miguel Galuccio. Galuccio highlighted the achievements in the downstream. "Of the 83% that had been operating our refineries, today went to work in full capacity at 100 percent utilization, with high yields, almost surpassing historic levels of finished goods," he said. The company also recorded a significant reduction in import levels for the first half of 2012 over the same period last year. For example, fell 54% in gasoline imports, saving 33 million dollars for the country's trade balance, and 20% fuel JET.
"We achieved 49% increase the production of fuels for power generation. This represents a total saving foreign exchange through import substitution over 180 million dollars, "remarked President and CEO of YPF. Hydrodesulfurization Plant The production unit will produce mega 1,750 million liters per year of diesel fuel with low sulfur content, which is a milestone for local production: the conversion of ordinary diesel (1,500 ppm of sulfur, ppm) diesel with 500 ppm. In the short term as well, also achieved another breakthrough
important local and sustainably produce Euro Diesel, diesel with higher quality in the country with a value of 10 ppm sulfur. The mass production of fuel with low sulfur, cleaner and better, allowing the completion sustained and sustainable resolution of the Ministry of Energy, which entered into force on 1 July and forcing oil companies to offer in the Federal Capital and Greater Buenos Aires provincial capitals all one grade 2 diesel fuel with a maximum sulfur content of 500 ppm, with the aim to improve appreciably the air quality in large urban centers.
The new fuel also brings a specific benefit for the automotive market. Not only reduces the toxic particles emitted by vehicles consume the new fuel, but which, in turn, gives long life to the motors. The new plant will have an impact HTG B major logistics for the country as sustained local production will allow the company to develop an optimal structure for the distribution of oil to supply more quickly and effectively. Part of the massive investment of more than 1,400 million pesos, included the incorporation of a special reactor from India, almost 40 meters long, 3.5 meters in diameter and weighing 376 tons. That team is the "heart" of the brand new unit. The construction process required the labor of 1,500 people, with 3.6 million hours worked and the articulation of the areas of Refining and Engineering, built in record time that new tanks and piles and developed civil and electromechanical works, from paths , drains and pipes to electrical equipment and specific tools. The plan of the hundred days, which will be submitted soon, YPF is studying scenarios expansion of refineries and logistics facilities. "We are making every effort to achieve full supply in our service stations, and thus meet the growing demand of our customers," said Galuccio.
