SUGAR LAND, Texas (March 26, 2014) – Yokogawa Electric Corporation announces that its subsidiary, Yokogawa China Co., Ltd., has received orders from Shaanxi Yanchang Petroleum (Group) Co., Ltd. (Yanchang Petro) to supply Yokogawa control systems for two oil plant construction projects in China. These plants will employ KBR’s Veba Combi-Cracking (VCC) process, a technology that converts petroleum residues into gasoline and diesel oil products. The first of these project orders is for Shaanxi Yanchang Petroleum (Group) Co., Ltd. Oil-coal New Technology Corporation, a Yanchang Petro subsidiary that is constructing a coal/oil co-processing pilot plant. This plant will convert coal and refining residues into diesel oil and other products and will have an annual production capacity of 450,000 tons. The second order is for phase 1 of a project by Shaanxi Yanchang Petroleum Anyuan Chemical Co., Ltd., also a Yanchang Petro subsidiary, that involves the construction of a coal tar hydrogenation plant. This plant will produce light and heavy paraffin oil from coal tar. When completed, this plant will have an annual production capacity of 1 million tons, making it one of the largest plants of its type in China. Under the terms of its contract with Yanchang Petro, Yokogawa China will provide an integrated control system for both projects as well as engineering and commissioning services. The two plants are scheduled to start operation in June 2014. Naoto Kousaka, vice president of Yokogawa China, had the following to say about these orders: “In China, ever greater attention is being paid to the need for the highly efficient and comprehensive utilization of hydrocarbons. KBR’s VCC process plays a very important role in this. Yokogawa’s proven technology and strong track record in providing solutions to Yanchang Petro were key factors in the winning of these control system orders. With our highly reliable control systems and field instruments as well as our ability to provide quality engineering and other services, I believe that Yokogawa is well positioned to make a significant contribution in enhancing China’s production of high quality diesel products.” Yokogawa Corporation of America provides industrial automation and test and measurement solutions.
Wed, 03/26/2014 - 17:16