briefs

Bangchak Petroleum will increase its earnings proportion from alternative energy from 12 per cent currently to 30 per cent in the next six years with an investment budget of Bt20 billion.

President Anusorn Sangnimnuan said yesterday that about Bt7 billion of that would be spent this year to upgrade its refineries, solar farms and co-generation power plants.

He said that in the next six years, the company would see an increase in the proportion of its revenue from alternative energy. The capacity of power generation from solar farms will increase to 118 megawatts.

He added that the company expected to complete construction of its solar farms in Ayutthaya and Chaiyaphum provinces, with combined capacity of 75MW, this year. 

 

Shaw Group wins Star contract

The Shaw Group yesterday announced that it had won a contract to provide the technology licence and process design package for the revamp of a residue fluid catalytic cracking (RFCC) unit for Star Petroleum Refining Co in Map Ta Phut. The design will upgrade the RFCC unit, whose capacity is 40,800 barrels per day, by incorporating the latest advances in reactor system technology. 

“Shaw was the original licensor of this RFCC unit, which first started up in 1996,” said James Glass, president of Shaw’s Energy & Chemicals Group. “We are now upgrading the unit to incorporate the latest technology features and improve performance and profitability.”