25 February 2009 10:14 [Source: ICIS news]
Correction: In the ICIS news story headlined "New Zealand's ZRC shuts down crude distillation unit" dated 25 February 2009, please read in the fifth paragraph ...northeast of the city of ?xml:namespace>
SINGAPORE (ICIS news)--New Zealand Refining Company (NZRC) has shut down a crude distillation unit (CDU) and two secondary facilities at its 100,000 bbl/day Marsden Point refinery for planned maintenance, a source close to the company said on Friday.
The refinery’s 60,000 bbl/day CDU No 1, along with a 28,000 bbl/day naphtha reformer, and a 27,000 bbl/day gasoil hydrogen desulphurisation unit (HDS) were taken off line on 21 February and will restart on 8 April.
CDU No 1 will be shut again for three weeks in September as part of the plan to raise its capacity to 90,000 bbl/day.
The expansion of the CDU capacity will enable NZRC to produce sufficient long residue to meet oil product demand, and feed its 29,500 bbl/day hydrocracker. At present, the refiner has to import additional long residue in order to meet its requirements.
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Four oil companies: BP, Caltex, Mobil and Shell are significant shareholders in NZRC.
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