Soft demand for gas oil appears to have prompted South Korea's second-largest refiner, GS Caltex, to push back completion of a vacuum gas oil fluid catalytic cracking unit by two years to 2012. The original plan had been to bring the 53,000 b/d unit on line in 2010 at the same time as a 60,000 b/d hydrocracker in a bid to boost jet fuel and gas oil output (IOD Jul.22,p7). A spokeswoman said the hydrocracker remains on schedule.
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