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KT - Kinetics Technology has been awarded an EPC Lump Sum - Turn Key contract in Poland

KT - Kinetics Technology has been awarded an EPC Lump Sum - Turn Key (Engineering, Procurement & Construction) contract by Lotos Oil, part of LOTOS Group, concerning the expansion of the Gdansk Refinery aimed at improving its crude processing capability as well as ensuring higher quality and energy-efficient fuels.

 

The contract relates to the execution of a hydrocracking unit (Hydrocracked Base Oil plant) with associated logistic facilities, which will allow the production of Group II base oils. This innovative plant will be the second one in Europe and will be capable of treating better performing base oil groups, with a lower environmental impact. International environmental regulations are driving the need for higher quality base oils, especially in the automotive sector, where engine oil manufacturers are responding to increasing demand for low sulphur and energy-efficient products.

 

Pierroberto Folgiero, Maire Tecnimont Group CEO, commented: “We are delighted to continue our long-lasting, mutually beneficial cooperation with such a prestigious client, thanks to this third EPC project to be carried out within the Gdansk Refinery. With this award we further strengthen our footprint in Poland as well as our strong commitment to support the LOTOS Group in ensuring best environmentally performing processes and products”.