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The reduction of Furnace Oil (FO) from 27% to 5% marked the refinery as Pakistan’s first Deep Conversion Refinery. This advancement signifies a major industrial achievement, positioning the refinery at the forefront of technological innovation in the country.
All units of this project were designed and operated by the Petroleum team. This has increased their technical capabilities & ability to perform such jobs in other refineries as well.
The indigenous development of the Very Low Sulfur Furnace Oil (VLSFO) through Vacuum Distillation and thermal cracking enhances the industrial capability of the refinery. This also signifies an improvement in the refinery’s processing efficiency and product quality.
The project to produce Euro-V Gasoline (Petrol) and LPG is a significant industrial development. It introduces advanced processing units such as Naphtha Hydrotreating (NHT), Light Naphtha Isomerization (LNI), and Heavy Naphtha Reforming (HNR), positioning the refinery as a pioneer in producing high-quality, environmentally compliant fuels in Pakistan.
Being the only refinery producing and supplying VLSFO as Marine Fuel according to regulations positions the refinery as a market leader, likely resulting in higher market share and revenue.
The capability to produce Euro-V Gasoline, which meets stringent international environmental standards, opens new markets and potential export opportunities, enhancing the refinery’s revenue streams.
The deep conversion capability reduces the production of low-value Furnace Oil and increases the output of high-value products such as High-Speed Diesel (HSD), contributing positively to the refinery’s economic performance.
The introduction of new processing units for producing high-octane gasoline and LPG adds significant value to the refinery’s product portfolio, increasing profitability.
Supply of VLSFO from Pakistan provide Foreign Exchange to Country. The Sale from Petroleum will save Foreign Exchange on import of equivalent quality of gasoline. There are problems in the sale of FO which has been reduced due to reduction in the quality of FO. Further, capacity of refinery for production of valuable products increased due to no upliftment issue of FO.
The use of advanced technologies for upgrading Furnace Oil to HSD showcases the refinery’s infrastructural modernization. This revamp not only enhances the refinery’s processing capacity but also improves its environmental footprint.
The addition of NHT, LNI, and HNR units as part of the Gasoline Production Project indicates a significant infrastructure investment. These upgrades enhance the refinery’s capability to process different types of crude and produce cleaner fuels.
Environmental Standards: The shift to producing VLSFO and Euro-V Gasoline demonstrates the refinery’s commitment to meeting international environmental regulations, which likely required infrastructural changes to ensure compliance with lower sulfur emissions and cleaner fuel standards. All these units were constructed by the Pakistani Contractors with the management of Petroleum Business Team. Due to this, the Petroleum team has the capability to perform construction work of refinery units. It also has the capability to align other industrial units like Steel, Large Scale Manufacturing for the material supply & fabrication work of equipment like Vessels, Columns, Heat Exchangers, Furnaces & Structural material.
Mr. Aqeel is a successful business leader with the capacity to steer organizations to the next level, foster lasting transformation, and boost shareholder value by implementing an innovative approach to human resources. He took on this pivotal role in January 2022, having previously served as an Executive Vice President at Siemens.
With a rich background spanning over 25 years in the global engineering and technology sector, Mr. Aqeel boasts a proven track record in business turnaround, stellar performance delivery, and value creation for shareholders.
Mr. Aqeel is a graduate of the prestigious Advanced Leadership Program at Siemens Global Leadership Centre in Germany. His passion for developing and empowering talent, fostering a culture of excellence, and driving customer and stakeholder value underscores his commitment to success at SITECH and beyond.
Sohail Ismail, Group Director Internal Audit and Digitalization, is a seasoned professional with over 25 years of experience in all spectrum of business value creation including, but not limited to, Corporate Governance, Enterprise Risk Management, Sarbanes-Oxley (SOX) Act Compliance, Internal and External Audits, Due Diligence Reviews, etc. His passion for Digital technologies, dedicated leadership qualities coupled with understanding of finance and Enterprise Resource Planning offerings, has enabled him to digitalize the Corporate organizations he has worked with, in Pakistan and Middle East. He has proven himself to be Big Data Savy and implemented real-time Business Intelligence solutions in various organizations. SITECH is well positioned to deliver its vision of implementing 4.0 Industrial revolution under his leadership.
His friendly demeanor helps cultivate cordial relations with his clients and colleagues, while his commitment to excellence paves the way for his organization to attain desired corporate goals.
Mr. Syed Ali Nasir is the Group Director of Business Development at SITECH and has over three decades of experience in business development and strategic planning. With a proven track record of driving growth and profitability in highly competitive markets, he deeply understands the company’s offerings to identify and capitalize on profitable business opportunities while fostering a culture of innovation and entrepreneurship. He leads cross-functional teams to nurture sustainable, long-term growth for the organization and collaborates with leadership to shape and execute strategic plans to achieve SITECH’s long-term objectives. He manages key client relationships, builds new ones, evaluates, and selects prospective vendors, and skillfully negotiates contracts to expand SITECH’s customer base and increase revenue streams.
His friendly demeanor helps cultivate cordial relations with his clients and colleagues, while his commitment to excellence paves the way for his organization to attain desired corporate goals.
Mr. Nabeel Rafique is the Group Director Finance & Strategy and a Board Member. With an overall experience of 25 years working in prominent multinational and local companies, he holds expertise in the formulation of business strategy and implementation, business transformation, re-organization, turnaround of businesses, and project management. His significant achievements include transforming loss-making entities into profitable streams, handling multiple organizations simultaneously with multi-cultural stakeholders, deriving long and mid-term financial planning, team development, multi-billion financing and ensuring economic viability for collaboration with stakeholders.
His friendly demeanor helps cultivate cordial relations with his clients and colleagues, while his commitment to excellence paves the way for his organization to attain desired corporate goals.
Mr. Muhammad Bilal Yunus is a thorough professional and skilled leader deputed for secretarial, collaborative and governance roles of Support Industries and Technologies (SITECH). He has command, staff, and operational experience of over 30 years of service in the Army. During his career in diverse roles, he gained multi-faceted experience in functional areas, including but not limited to, human resource development, planning & training, operational and strategic planning.
His friendly demeanor helps cultivate cordial relations with his clients and colleagues, while his commitment to excellence paves the way for his organization to attain desired corporate goals.
