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RE: Yorktown Refinery has a new owner

Home Forums Refining Community Refinery News Yorktown Refinery has a new owner RE: Yorktown Refinery has a new owner


Charles Randall

The Western acquisition of Giant Refinery at Yorktown has cleared FTC challenge (that was mostly around the other Giant refinery in New Mexico) and is going ahead.  The Yorktown coker will become Westerns second coking refinery.

Background = The Yorktown refinery was built in 1956 by Amoco which merged with BP and was sold to Giant in 2002 (becoming the largest of its 3 refineries and the only one with a coker). Giant had planned an expansion for Yorktown and use some of the 120 undeveloped acres surrounding the refinery (been on market for years but no one wanted buy it) but impacts of Katrina & Rita caused Giant to reconsider it.
Western made purchase offer but a fire at Giant caused re-negotiation of price and then the FTC put in anti-trust challenge mentioned in this article because of New Mexico dominance by El Paso based Western Refinery in that region.

So the Yorktown Refinery will have a new owner – but the potential for an expansion at the 62 MBD refinery & revamp for Canadian crude will likely re-surface and make the all the current Anode coke purchasers sweat that the petcoke production will be shifted to fuel grade coke.

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