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Released on Monday, July 24, 2023

Petroleum Refining

Today's Refining Hotline Headlines

Valero, on July 23, shut down the 50,000-barrel-per-day (BBL/d) CRU 1344 Platformer unit for unknown reasons at its 325,000-BBL/d refinery in Port Arthur, Texas, but the unit is in the process of restarting

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North America
Valero, on July 23, shut down the 50,000-barrel-per-day (BBL/d) CRU 1344 Platformer unit for undisclosed reasons at its 325,000-BBL/d refinery in Port Arthur, Texas, but the unit is in the process of restarting today.

International
Shandong Yulong Petrochemical Company Limited expects to complete mechanical work by December 2023 and start trial runs by February 2024 at its 400,000-BBL/d Nanshan Yulong Refinery located in Yantai, China. Commercial startup is tentatively expected by June 2024, depending upon the trial run.

Petromonagas remains unable to restart the 18,000-BBL/d Delayed Coker (Train 1) and 18,000-BBL/d Delayed Coker (Train 2) at its 150,000-BBL/d Petromonagas Upgrader in Venezuela, after being forced to shut down on December 28, 2022, due to a fire. Train 2 is to remain under rehabilitation and major repairs until late March 2024, while Train 1 will come back online by late December of this year after a 30-day planned turnaround. Major processing units are currently online processing a total of 80,000 BBL/d.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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