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PCOR upgrades Malaysian refinery

15 Jun

Petron Corporation (PCOR) is expanding its Malaysian refinery, according to company president Ramon Ang.

However, Ang clarified the upgrade of Petron’s Port Dickson Refinery (PDR) would not be as extensive as the upgrade of its refinery in Bataan.

The $2-billion RMP-2 (Refinery Master Plan -2) is expected to be fully commissioned by next year.

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It would boost the production of gasoline, diesel, and petrochemicals at the refinery in Bataan.

On the other hand, PDR provides the Malaysian market with supply of quality and environment friendly petroleum and gas products.

The complex has a crude distillation capacity of 88,000 barrels per day.

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Posted by on June 15, 2015 in Corporate News, PCOR, Stock Market

 

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