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RE: Valero Open to Selling Ohio Refinery

Home Forums Refining Community Refinery News Valero Open to Selling Ohio Refinery RE: Valero Open to Selling Ohio Refinery

#7471

Charles Randall
Participant

It looks like the Valero expansion for Lima may be put on hold as Valero considers selling Lima Refinery.  When Valero passed on Canadian bitumen crude supplies from EnCanada that it has not found supplier at a price it feels is competitive enough to invest upgrade capital into the 121 year old Sweet crude refinery and it cannot compete running on sweet crude.  EnCanada has recently completed a joint venture with ConocoPhillips locking in its crude supplies into new coker additions that come online in 2007 at COP’s Borger & Woodriver refineries.
 
The article forgot to mention that Lima also has an existing 20 mbd delayed coking unit

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