Motor Oil hires Technip to Βuild Νew Refinery

Motor Oil, Greece’s second-largest refiner, hired Technip Italy, a unit of Paris-based Technip, to build a second crude oil distillation processor at its Aghioi Theodoroi refinery.
KATHIMERINI
Τετ, 30 Ιανουαρίου 2008 - 07:14

Motor Oil, Greece’s second-largest refiner, hired Technip Italy, a unit of Paris-based Technip, to build a second crude oil distillation processor at its Aghioi Theodoroi refinery. The plant, to be completed in early 2010, will cost 180 million euros, Motor Oil said in a stock exchange filing. That’s less than the 200 million euros the company initially estimated last year. The project will bring Motor Oil’s annual production capacity to more than 9 million metric tons, the filing said.

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