Shiraz Refinery in Talks to Produce Euro-5 Diesel

Iran has become an exporter of oil byproducts after years of import.Iran has become an exporter of oil byproducts after years of import.

With the aim of producing Euro-5 diesel in Shiraz refinery, the company has recently conducted negotiations to sign an agreement with a multinational company, Honeywell UOP, over the purchase of much-needed know-how and licenses for producing high quality diesel, Shiraz refinery's  managing director said.
"Upon receiving the license, the refinery's diesel output at 26,000 barrels per day will meet Euro-5 international standards," Rahim Shamseddini was also quoted as saying by Shana on Sunday. 
Honeywell UOP, formerly known as UOP LLC, is a multinational company developing and delivering technology to the petroleum refining, gas processing, petrochemical production and major manufacturing industries. 
According to the official, the technology will help the company design a special unit to minimize sulfur compounds to comply with global standards, which in turn will help fight the menace of air pollution.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment