Byco Oil Pakistan Ltd to build country’s first aromatic petrochemical facility

13-Jun-11

Byco Oil Pakistan Ltd. is building the country’s first aromatic petrochemical facility, expected to come online by the middle of 2013. Production will comprise about 100,000 tpa of benzene, 92,000 tpa of paraxylene, 80,000 tpa of isomer-grade mixed xylene and 50,000 tons of orthoxylene. Mohammad Wasi Khan, President of Chemical Manufacturing at Byco said, “We have already relocated a plant from Italy and the facility’s construction is under way,” as per ICIS. The plant will be set up at the same site in Hub coastal area, about 50 km from Karachi, where Byco operates a 35,000 bpd refinery. Byco is also building a 120,000 bpd refinery at the same site expected to begin production from Q4-2011. The new refinery will provide the naphtha feedstock needed for the aromatic facility. The first phase of Byco’s petrochemical project will cost US$200 mln.