NEW OIL PROCESS
STANDARD COY. DECISION
(United Press Association—By Electric Telegraph—Copyright).
LONDON, June 23
The Times New Yark correspondent states: The Standard Oil Coy has begun the construction near New Jersey of the first- commercial plant in the United States for the hydrogenation of petroleum under a, process for which the American rights were obtained from the German Dye Trust. The decision to erect the plant has followed two years of successful experiment, by which one hundred per cent of the petrol is recovered from crude oil, as compared with the 32 to 45 per cent through the most i. (idem “cracking” process now available.
It indicated that the Standard Oil Company regards the process as an assured economic success, and it may revolutionise oil production methods.
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Hokitika Guardian, 25 June 1929, Page 5
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127NEW OIL PROCESS Hokitika Guardian, 25 June 1929, Page 5
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