Petron Corp. plans to complete the $100-million diesel hydro treater project of its Port Dickson Refinery in Malaysia next year.
Petron is upgrading Port Dickson, with an output of 88,000 barrels a day, to boost capacity.
Petron president Ramon Ang said the project would be completed next year to also comply with the government regulations in Malaysia.
“Our DHT modification costing $100 million is to comply to the environmental rules in Malaysia. The project started last year,” Ang said.
Petron also enhanced the supply chain and increased logistics capacities to ensure operational excellence in the Malaysian refinery at all times.
Petron earlier announced plans to invest over $1 billion to optimize refinery operations and expand the retail networks in the Philippines and Malaysia.