Residium oil and supercritical extraction project, South Korea
Name of the Project
Residium oil and supercritical extraction (ROSE) project.
Location
Daesan, South Korea.
Client
Hyundai Oilbank.
Project Description
The project involves the construction of an 80 000 bl/d ROSE unit. The unit will remove heavier fractions from crude oil, enabling the refinery to monetise a larger proportion of its oil intake into lighter, high-grade products.
Jobs to be Created
Not stated.
Value
Not stated.
Duration
The unit is expected to come on line towards the end of 2018.
Latest Developments
Hyundai Oilbank has awarded KBR a licence and basic engineering design (LBED) contract. The unit will use KBR’s proprietary ROSE technology, which provides supercritical solvent deasphalting (SDA), and will be the largest SDA unit in the industry.
Key Contracts and Suppliers
KBR (LBED).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Hyundai Oilbank, tel +82 2 2004 3000.
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