Chevron Corporation Expects Approval for Mississippi Base Oil Plant in Late 2010

SUGAR LAND--June 24, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) expects to receive full approval in December 2010 to construct a 25,000-barrel-per-day Group II and Group III base-oil plant at its refinery in Pascagoula, Mississippi. The company has received some funding to begin site preparation. The plant will include an isodewaxing unit; an atmospheric-residue desulfurization unit; a sulfur-recovery unit with supporting tail gas treater; and supporting storage tanks.

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