Rijeka Oil Refinery to Install 4 Billion Kuna Worth of Equipment

Total Croatia News

ZAGREB, September 29, 2019 – An overhaul worth 800 million kuna was carried out in the Rijeka Oil Refinery in Urinj over the first four months of this year, the largest to date, and the installation of a 4 billion kuna delayed coker is being prepared, it was said at the Refinery Open Day on Saturday.

CEO Ivan Krešić said the event was organised to make the company as transparent as possible in its operations and relations with the local community.

The delayed coker, whose installation should be completed in three years’ time, will increase profitability and enable the Rijeka refinery to rank with the most high-tech refineries in Europe as well as ensure its long-term viability, he added.

A contract on the installation should be signed by year’s end.

More than 2,000 external contractors from dozens of domestic and international companies were hired for the overhaul, said Ivica Jerbić, the refinery’s director.

Regular air and sea quality measurements around the refinery show the best results, except in the immediate vicinity, but the overhaul will significantly reduce hazardous particle emissions, he added.

More news about INA oil company can be found in the Business section.

 

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