Here is update on Refinery & Coker projects being delayed -this one is on MAP Detroit Refinery expansion (& Coker addition) delay – it probably means that the Cattlesburg Refinery & Coker project will also be delayed although no notice on this one (yet).
It is l’kely the high price of asphalt ($600/ton+) which impacts coker margins has something to do with postponing this decision as well. Like lot of the bottom barrel products,the asphalt price drop will lag the crude and fuel commodity markets price drop.
