ERC just made petrol: Qalaa Holding’s USD 4.3 bn Egyptian Refining Company facility successfully concluded trial operations of its unit producing 98-octane fuel and is set to finish all trial operations by the end of 2Q2019, Qalaa Holdings said in a bourse filing. Qalaa recently announced that it had made its first diesel at the USD 4.3 bn facility. The first product came in at 1.5 parts of sulfur per mn (ppm) — well ahead of the 10 ppm sulfur required to qualify as Euro V diesel, the cleanest-burning diesel in the world. ERC will cut Egypt’s present-day sulfur emissions by about a third and reduce Cairo’s carbon footprint at the same time. The facility is due to enter full commercial operations by the third quarter of this year. You can tap or click here to take a tour of ERC in this video produced by Qalaa, including some very cool drone footage (runtime: 6:52).

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