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Platts Hellenic Flexicoker nears Completion end 2011

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    basil parmesan
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    <Platts must be on role this month – here is update on Greece Hellenic Flexicoker – Startup is still on line for end 2011.
    Going be crowded year with all these new cokers coming online in 3Q11-2Q12! Watch the CBO/HFO/Asphalt prices jump in Spring 2012!>

    Platts- Hellenic Flexicoker Near Completion / Finishes end 2011Hellenic Petroleum Elefsis, Thessaloniki, Greece
    Platts 27Oct11

    Project launched in 2008 – to be finalized by the end of 2011 in Elefsis and near completion in Thessaloniki.
    The Elefsis refinery is undergoing a full modernization aimed to increase its capacity and the yield of diesel, which is nowadays the main request of the European and local market, a company source said. The $1.1 billion investment involves a 40,000 b/d hydrocracker and a 21,000 b/d flexicoker, with the new units expected to start next year. The upgrade at the Thessaloniki refinery is nearly finalized and is to increase its capacity by 15,000 b/d.

    <See previous post/update Greece Hellenic new Flexicoker 10/05/2010>

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