Reports related to this article:
Project(s): View 9 related projects in PECWeb
Plant(s): View 5 related plants in PECWeb
Released September 19, 2019 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking nearly $1 billion worth of capital-spending projects in the U.S. Petroleum Refining Industry that are set to begin construction in the fourth quarter, the bulk of which are expansions and upgrades to existing units. The U.S. Gulf Coast region, which is home to more than 45% of the total U.S. refining capacity, accounts for a majority of the expected kickoffs.
Click on the image at right for a graph detailing capital project kickoffs in the U.S. Petroleum Refining Industry from October through December, by state.
Texas alone accounts for more than half of the projects, including one of the largest: Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) light crude oil expansion project at its refinery in Baytown, Texas. The company aims to upgrade its existing units to increase its capacity from 584,000 to 644,000 barrels per day (BBL/d). The Baytown refinery is celebrating its 100th anniversary later this month, following an explosion and fire earlier this summer that left 37 people with minor injuries and caused local authorities to issue a shelter-in-place for residents near the plant. For more information, see Industrial Info's project report and July 31, 2019, article - Fire Forces Shutdown at ExxonMobil Baytown Chemical Plant in Texas.
Two other refining majors are preparing for work along the Texas Gulf Coast. Royal Dutch Shell plc's (NYSE:RDS.A) (The Hague, Netherlands) refinery in Deer Park is preparing to begin upgrades next month on its delayed coker unit, which has a 92,000-BBL/d capacity, and its Crude Distillation Unit 2, which has a 70,000-BBL/d capacity.
Valero Energy Corporation's (NYSE:VLO) (San Antonio, Texas) Bill Greehey Refinery in Corpus Christi expects to kick off a trio of projects around the same time: upgrades to a crude unit and a gas oil hydrotreater, which have capacities of 110,000 and 30,000 BBL/d, respectively, and the expansion of a delayed coker unit from 19,000 to 22,000 BBL/d. For more information, see Industrial Info's reports on Shell's delayed coker and distillation unit projects, and Valero's crude unit, hydrotreater and delayed coker projects.
Louisiana, the other hot spot for refining along the U.S. Gulf Coast, will be home to CITGO Petroleum Corporation's (Houston, Texas) upgrades and optimization to Sulfur Recovery Unit A at its Lake Charles Refinery in Westlake. CITGO plans to perform upgrades that will reduce pressure in the 60-ton-per-day unit's amine regenerator section. For more information, see Industrial Info's project report.
Not every capital-spending project in the U.S. Petroleum Refining Industry comes from a massive corporation. CountryMark (Indianapolis, Indiana), an agricultural cooperative, is preparing for a pair of projects at its refinery in Mount Vernon, Indiana: a gasoline hydrotreater upgrade to make the unit compliant with Tier 3 gasoline requirements, which limit sulfur content to 10 parts per million, and a crude and vacuum unit upgrade that will modify the main fractionation column on the 26,000-BBL/d unit. For more information, see Industrial Info's reports on the hydrotreater and crude and vacuum unit.
Fourth-quarter capital-spending kickoffs in the U.S. Petroleum Refining Industry tend to account for less spending than those at other times of the year. Industrial Info's project database currently estimates capital kickoffs in the following three quarters of 2020 to total $5.74 billion, $3.72 billion and $1.05 billion, respectively.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Click on the image at right for a graph detailing capital project kickoffs in the U.S. Petroleum Refining Industry from October through December, by state.Texas alone accounts for more than half of the projects, including one of the largest: Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) light crude oil expansion project at its refinery in Baytown, Texas. The company aims to upgrade its existing units to increase its capacity from 584,000 to 644,000 barrels per day (BBL/d). The Baytown refinery is celebrating its 100th anniversary later this month, following an explosion and fire earlier this summer that left 37 people with minor injuries and caused local authorities to issue a shelter-in-place for residents near the plant. For more information, see Industrial Info's project report and July 31, 2019, article - Fire Forces Shutdown at ExxonMobil Baytown Chemical Plant in Texas.
Two other refining majors are preparing for work along the Texas Gulf Coast. Royal Dutch Shell plc's (NYSE:RDS.A) (The Hague, Netherlands) refinery in Deer Park is preparing to begin upgrades next month on its delayed coker unit, which has a 92,000-BBL/d capacity, and its Crude Distillation Unit 2, which has a 70,000-BBL/d capacity.
Valero Energy Corporation's (NYSE:VLO) (San Antonio, Texas) Bill Greehey Refinery in Corpus Christi expects to kick off a trio of projects around the same time: upgrades to a crude unit and a gas oil hydrotreater, which have capacities of 110,000 and 30,000 BBL/d, respectively, and the expansion of a delayed coker unit from 19,000 to 22,000 BBL/d. For more information, see Industrial Info's reports on Shell's delayed coker and distillation unit projects, and Valero's crude unit, hydrotreater and delayed coker projects.
Louisiana, the other hot spot for refining along the U.S. Gulf Coast, will be home to CITGO Petroleum Corporation's (Houston, Texas) upgrades and optimization to Sulfur Recovery Unit A at its Lake Charles Refinery in Westlake. CITGO plans to perform upgrades that will reduce pressure in the 60-ton-per-day unit's amine regenerator section. For more information, see Industrial Info's project report.
Not every capital-spending project in the U.S. Petroleum Refining Industry comes from a massive corporation. CountryMark (Indianapolis, Indiana), an agricultural cooperative, is preparing for a pair of projects at its refinery in Mount Vernon, Indiana: a gasoline hydrotreater upgrade to make the unit compliant with Tier 3 gasoline requirements, which limit sulfur content to 10 parts per million, and a crude and vacuum unit upgrade that will modify the main fractionation column on the 26,000-BBL/d unit. For more information, see Industrial Info's reports on the hydrotreater and crude and vacuum unit.
Fourth-quarter capital-spending kickoffs in the U.S. Petroleum Refining Industry tend to account for less spending than those at other times of the year. Industrial Info's project database currently estimates capital kickoffs in the following three quarters of 2020 to total $5.74 billion, $3.72 billion and $1.05 billion, respectively.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
