New refinery to be built in South Dakota to process Canadian crude
The refinery is designed to be highly integrated, re-processing many of byproducts of the refining process to produce other necessary inputs. For example, petroleum coke from the distillation process will be used to make hydrogen, electricity and steam. The refinery is also being designed to incorporate the latest pollution control technology as well as carbon capture and sequestration. Construction of the $10 billion facility is expected to start in 2009, with full operation starting in 2014-15.
As advanced as this refinery might be, just imagine what new non-fossil fuel technology could be created with that $10 billion.
[Source: Hyperion Resources, thanks to Mark for the tip]
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