Philippines' leading oil refiner Petron Corporation is studying options to improve its 180,000 bpd refinery in Bataan. Petron is evaluating phase two of its Refinery Master Plan, which aims to increase conversion capacity and petrochemical feedstock production. The PetroFCC and the PRU are core components of the company's US$300 mln Refinery Master Plan phase one which also includes a Benzene, Toluene, and Xylene (BTX) unit. The BTX unit is scheduled for completion by early 2009.
The PetroFCC unit and Propylene Recovery Unit (PRU) are part of the company's refinery master plan, to further diversify into the petrochemical business and sustain its growth momentum. The PetroFCC, the first cracking unit of its kind in the world, converts black products (fuel oil) into higher value liquefied petroleum gas (LPG), gasoline and diesel. It yields a higher level of the petrochemical feedstock propylene than typical FCC units. The PetroFCC has a conversion capacity of 19,000 bpd while the PRU will produce 140,000 tons of propylene annually.