why they are using different unit of measurement for before/ after upgrade
Before: barrel per day (156,000) After: million tonnes per annum (1.15)
Anyone know how to correlate? >>>
“This upgrading will also include state-of-the-art technologies that have been tried-and-tested in refineries in Shandong, China. Upon completion, this upgrade will allow our Port Dickson refinery to produce up to 1.15 million tonnes of gasoline per annum,” Mr. Wang added.<<<<
Dont be confused. That prick called probability is spinning things to confuse members here.
156,000 bpd is TOTAL output capacity of ALL products. Hengyuan produces lpg, gasoline, diesel, aviation fuel, fuel oil components, light naphtha, propylene etc.
1,150,000 tonnes capacity is in relation to gasoline produced by the Long Residue Catalytic Cracking Unit only. For a better understanding of the various production lines, see the 2016 Annual Report.
This 156,000 bpd vs 1.15m tonnes is NOT an apple to apple comparison. In fact, it is comparing an apple to a basket of fruits (where each fruit in a plant within the complex refinery).
No stock is bad including HY.......what sifus say not important......what are their actions in the past important...and we must play to win....when you win you are happy...correct ? win and stay happy.
Why so secretive la? Do share here so that we can work out the confusion here together.
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Posted by uptrending > Apr 18, 2018 04:56 AM | Report Abuse
John_Lee,
I google search something (some figures) to verify PROBABILITY's claim of the 50% capacity reduction after the upgrade based on the released news of Gasoline production of 1.15 millions tonnes per annum after the upgrade.
I was really surprised that from the additional information (which was in the year 2016) I got, it worked out that Probability's claim that the production capacity would be reduced by 50% after the upgrade is true.
I stop here. It is for Probability to reveal. I now trust his sincerity.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hollandking
3,694 posts
Posted by hollandking > 2018-04-18 12:29 | Report Abuse
that is why harapan is focusing its res mainly in peninsular. Sabah, sarawak no chance but this doesnt mean that harapan can't win.