SRC's upgrading project to produce ULSD

Singapore Refining Company’s (SRC) upgrading project which will cost US$100-200 million, was given the green light in January, but is yet to get off the ground because partners Singapore Petroleum Company (SPC) and Caltex have not finalized what type of plant to use. The delay could result in the environment friendly project running into an industry-wide construction bottleneck. SPC officials said earlier knowledge_base year that the clean fuels project was being fast-tracked so SRC’s 285,000 barrel-per-day refinery could stay ahead of the curve. The plant will produce ultra-low sulfur gasoline and diesel fuel for Singapore and export markets including Australia, the U.S. and Europe. (August 21, 2006)