Chemical Engineering Partners to Build Re-Refinery in Vietnam
Thursday, May 16, 2013
Press Release from NORA Member Chemical Engineering Partners
Engineering Partners (CEP) announced the signing of a contract with VN Oil of Ho
Chi Minh City, Vietnam to build a used oil re-refinery in Vietnam. This
facility will be the first of its kind in Vietnam; it will treat used oil and
produce API Group II base oil, combining two purposes in a single plant. "We
are pleased to increase our global clients by bringing the CEP Process to
Southeast Asia,” said Joshua Park, president of CEP.
The plant will be
located in Hiep Phuoc Industrial Park (approximately 14 kilometers from
downtown) Nha Be District, Ho Chi Minh
City, Vietnam.The development will cover approximately 50,000 m2.
VN Oil has
contracted CEP to design the plant, which will have a feed capacity of 69,000
MT/Year producing approximately 50,000 MT/Year of base oil. The facility will
employ state-of-the-art technology developed by CEP in various successful refineries
completed throughout the world, including recently completed projects in Brazil
and Kansas (United States).
Van Huu Nguyen, chairman
of VN Oil, expressed excitement to bringing this high-tech technology to
Vietnam and said, "We are proud to contribute to the environment protection of
Vietnam through used oil treatment while at the same time contributing to the
industrialization and modernization of the nation with production of API Group
II base oil.” VN Oil believes the re-refinery will help the country reduce
approximately 12% of its import rate of base oil, which is currently 100%
imported. CEP hopes to contribute to Vietnam’s growing oil industry with
state-of-the-art re-refining technology and a plant that can provide jobs to
the Vietnamese people.
The signing of the
VN Oil contract comes on the heels of the successful start-up of CEP’s new
LWART re-refinery in Brazil. The LWART plant is the largest re-refinery of its
kind in South America and only producer of API Group II base oil in the region.
The VN Oil re-refinery
in Vietnam is projected to start up by the end of March 2015.
Procurement, Construction and Management (EPCM) will be performed by Govind
Development, LLC (GDL), a U.S. company located in Texas.
CEP is regarded as the global leader in the re-refining
technology. CEP’s re-refining process (CEP Process) is environmentally friendly
that its process not only "regenerates” the used oil but also reduces the
overall CO2 emission when compared to burning the used oil. CEP is
responsible for licensing the re-refining technology to third parties. The CEP
Process produces API Group II base oils. These base oils have been tested and
certified by API.
For more information about CEP,
# # #