Baatan refinery to be equipped with 37,500bpsd delayer coker unit supplied by Foster Wheeler.

Foster Wheeler announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corporation for the Petron Refinery Master Plan-2 project in Bataan, Philippines.

Foster Wheeler will execute detailed engineering and procurement services for the delayed coker unit (DCU), including the engineering and material supply of two double-fired Terrace Wall coker heaters. The DCU will have a design capacity of 37,500 barrels per stream day (bpsd).

The Foster Wheeler contract value was not disclosed and was included in the company's third-quarter 2011 bookings. The award for the delayed coker heaters was included in the company's second-quarter 2011 bookings.

This award follows an earlier award for the process design package and technology license for the DCU, which will use the company's Selective Yield Delayed Coking (SYDEC) process.

SYDEC is a thermal conversion process used by refiners worldwide to upgrade heavy residue feed and process it into high value transport fuels. The SYDEC process can be designed to maximise clean liquid yields while minimising fuel coke yields from high sulphur residues. By installing a SYDEC unit, a refinery owner is able to process heavier crudes, which sell at a discount to the benchmark light, sweet crudes, thereby allowing the owner to receive the benefit of increased refining margins.