3 days ago
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- Business Recorder
ARL signs agreement with STP Studi Technologie Progetti of Italy
ISLAMABAD: Attock Refinery Ltd (ARL) on Wednesday signed an agreement for Front End Engineering Design (FEED) and Project Management Consultancy (PMC) for refinery upgradation project with STP Studi Technologie Progetti of Italy.
Carlo Gustavo Lombardi, CEO, STP and Adil Khattak, CEO, ARL signed on behalf of their companies.
This is an important milestone towards ARL's goal of value addition and environment friendly production.
ARL has already completed Licensor FEED studies for addition of Continuous Catalyst Regeneration (CCR) Unit and Revamp of Diesel Hydro Desulfurization Unit by UOP/ Honeywell of USA under it's major upgradation project at an estimated project cost of upto $600 million.
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