Brazil's Petrobras to build new diesel hydrotreating unit (updated)
11/05/2022 12:46
(Adds details)
SAO PAULO, May 11 (Reuters) - Brazilian state-run oil
company Petrobras PETR4.SA said on Wednesday it has signed a
deal with TSE and Toyo Engineering Corp 6330.T to build a new
diesel hydrotreating unit at its Paulinia refinery.
The move will require $458 million in investments and is in
line with Petrobras' 2022-2026 business plan, the company said
in a securities filing.
Petroleo Brasileiro SA, as the company is formally known,
said the hydrotreating unit is expected to enter production in
2025 and ramp up its S-10 diesel and kerosene output by 63,000
barrels per day and 12,500 barrels per day, respectively.
(Reporting by Gabriel Araujo; Editing by Andrew Heavens)
((Gabriel.Araujo2@thomsonreuters.com; +55 11 5644 7745;))