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Released October 08, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--With the agricultural sector preparing for the autumn season's harvesting and transportation of crops, the demand and consumption of distillate fuel oil (which includes diesel) is set to increase across the U.S., according to the U.S. Energy Information Administration (EIA). Diesel is the most used fuel for U.S. farm equipment, but most diesel is consumed by the on-road transportation sector, which includes medium- and heavy-duty trucking, according to the EIA. Industrial Info is tracking more than $1.2 billion worth of active and planned projects across the U.S. to produce distillate fuel oil, more than 70% of which is in Texas.
Click on the image at right for a graph detailing distillate fuel oil projects across the U.S., by project type.
Marathon Petroleum Corporation (NYSE:MPC) (Findlay, Ohio) leads all other producers in its total investment, thanks to a single project: the $500 million addition of a distillate hydrotreater unit at its Galveston Bay Refinery in Texas City, Texas. The company expects the 90,000-barrel-per-day (BBL/d) unit will upgrade its high-sulfur product to ultra-low-sulfur diesel (ULSD), which is attributed to stronger fuel efficiency and engine performance, as well as lower emissions.
Marathon also plans to increase capacity incrementally at its refinery in Robinson, Illinois, through a $10 million upgrade to its diesel hydrocracker. The company plans to modify the main fractionation column on the 28,000-BBL/d unit. Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Project Database can read detailed reports on the Texas City and Robinson projects.
"Within [Marathon]'s domestic and export businesses, we are seeing steady demand year-over-year for gasoline and diesel," said Maryann Mannen, the chief executive officer of Marathon, in a recent earnings-related conference call. "As we look forward, demand growth is expected to outpace near-term capacity additions over time with limited global refining capacity additions expected through the end of the decade."
Other leading companies boosting their diesel output include Delek US (Brentwood, Tennessee), a subsidiary of Delek Group (Netanya, Israel), which is preparing for a $15 million expansion of a diesel hydrotreater unit at its refinery in Big Spring, Texas. The company is modifying the unit's main fractionation column to increase the refinery's diesel production from 22,750 to 27,300 BBL/d. Subscribers can learn more from a detailed project report.
Saudi Aramco (Riyadh, Saudi Arabia) is preparing to boost its U.S.-based diesel production through subsidiary Motiva Enterprises LLC (Houston, Texas), which is planning for $20 million in improvements to a hydrotreater at its refinery in Port Arthur, Texas. Motiva aims to improve the quality of diesel produced at the 50,000-BBL/d unit via technology provided by Shell plc (NYSE:SHEL) (London, England). Subscribers can learn more from a detailed project report.
The EIA said early indications show the U.S. harvest peak could be slightly earlier than usual: "However, annual variations in harvest size and timing are typically not large enough to significantly disrupt the seasonal consumption trend [for diesel]. Initial data suggests the harvest will likely only occur slightly ahead of schedule, so we expect 2024 distillate fuel oil consumption to generally follow the pattern of previous years."
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects across the U.S. for the production of distillate fuel oil.
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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing distillate fuel oil projects across the U.S., by project type.Marathon Petroleum Corporation (NYSE:MPC) (Findlay, Ohio) leads all other producers in its total investment, thanks to a single project: the $500 million addition of a distillate hydrotreater unit at its Galveston Bay Refinery in Texas City, Texas. The company expects the 90,000-barrel-per-day (BBL/d) unit will upgrade its high-sulfur product to ultra-low-sulfur diesel (ULSD), which is attributed to stronger fuel efficiency and engine performance, as well as lower emissions.
Marathon also plans to increase capacity incrementally at its refinery in Robinson, Illinois, through a $10 million upgrade to its diesel hydrocracker. The company plans to modify the main fractionation column on the 28,000-BBL/d unit. Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Project Database can read detailed reports on the Texas City and Robinson projects.
"Within [Marathon]'s domestic and export businesses, we are seeing steady demand year-over-year for gasoline and diesel," said Maryann Mannen, the chief executive officer of Marathon, in a recent earnings-related conference call. "As we look forward, demand growth is expected to outpace near-term capacity additions over time with limited global refining capacity additions expected through the end of the decade."
Other leading companies boosting their diesel output include Delek US (Brentwood, Tennessee), a subsidiary of Delek Group (Netanya, Israel), which is preparing for a $15 million expansion of a diesel hydrotreater unit at its refinery in Big Spring, Texas. The company is modifying the unit's main fractionation column to increase the refinery's diesel production from 22,750 to 27,300 BBL/d. Subscribers can learn more from a detailed project report.
Saudi Aramco (Riyadh, Saudi Arabia) is preparing to boost its U.S.-based diesel production through subsidiary Motiva Enterprises LLC (Houston, Texas), which is planning for $20 million in improvements to a hydrotreater at its refinery in Port Arthur, Texas. Motiva aims to improve the quality of diesel produced at the 50,000-BBL/d unit via technology provided by Shell plc (NYSE:SHEL) (London, England). Subscribers can learn more from a detailed project report.
The EIA said early indications show the U.S. harvest peak could be slightly earlier than usual: "However, annual variations in harvest size and timing are typically not large enough to significantly disrupt the seasonal consumption trend [for diesel]. Initial data suggests the harvest will likely only occur slightly ahead of schedule, so we expect 2024 distillate fuel oil consumption to generally follow the pattern of previous years."
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects across the U.S. for the production of distillate fuel oil.
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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).
