SOURCE: Industrial Info Resources

June 13, 2008 05:30 ET

PDVSA Refinery to Undergo Major $1.7 Billion Conversion Project, an Industrial Info News Alert

CORDOBA, ARGENTINA--(Marketwire - June 13, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- PDVSA (Caracas, Venezuela) will spend $1.7 billion on a major conversion of its Puerto La Cruz refinery in Anzoategui, Venezuela, to make the facility the first in the country to use HDH Plus technology. The technology, developed by PDVSA subsidiary Intevep, is used to convert heavy oil and extra-heavy oil into products like gasoline and diesel fuel. For more details, view related May 11, 2006, article -- PDVSA's Investment to Improve the Puerto La Cruz Refinery in Venezuela.

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