Acelen to boost runs at newly acquired Brazil refinery

  • Date: 03-Dec-2021
  • Source: Argus Media
  • Sector:Economy
  • Country:Gulf
  • Who else needs to know?

Acelen to boost runs at newly acquired Brazil refinery

Rio de Janeiro, 2 December (Argus) — Abu Dhabi state-owned Acelen plans to step up crude throughput at its newly acquired 333,000 b/d Mataripe refinery in Brazil to meet growing demand in the country's thirsty northeast region.

Owned by Mubadala Capital, Acelen plans to utilize 100pc of capacity from a current 65pc, the company tells Argus.

"It is important to highlight that we are going to take the refinery operation to its maximum capacity to serve, primarily, the northeastern Brazilian market," the company said in response to questions.