Chevron Awaits Final Approval for Base Oil Plant at Pascagoula Refinery

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Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) is awaiting final approval to construct a 25,000-barrel-per-day Group II and Group III base oil plant at its refinery in Pascagoula, Mississippi. The company is expecting to receive final approval by summer 2009. 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.

Chevron has selected Jacobs Engineering Group Incorporated (NYSE:JEC) (Pasadena, California) and the Houston office of Bechtel Group Incorporated (San Francisco, California) to perform engineering, procurement, and construction services for the plant, which is expected to commence construction in fall 2009. The plant is expected to be completed by mid-2011.

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