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UPDATE – COP sell/close Penn Trainer Refinery

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This topic contains 1 reply, has 1 voice, and was last updated by  Charles Randall 9 years, 7 months ago.

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  • #2120

    basil parmesan
    Participant

    UPDATE: ConocoPhillips Trainer plant will stop refining oil by end of week

    Published: Tuesday, September 27, 2011

    By KATHLEEN E. CAREY

    TRAINER The borough’s ConocoPhillips facility will stop refining crude oil by weeks end, in a move anticipating either a sale or closure by the end of the year, according to company officials.

    The company issued a statement outlining its search for a buyer for its 185,000-barrel-a-day refining facility in Delaware County, as well as its associated pipelines and terminals. If a buyer is not obtained, the plant will be closed, the statement said.

    In fact, the process of refining oil will end this week, according to officials.

    What well begin in the next day or so is well begin idling the plant as if were getting ready for a turnaround, company spokesman Rich Johnson said. The plant will effectively stop operation, stop producing crude by the end of the week.

    He said there are slightly more than 400 employees at the plant.

    The property was first purchased in 1903 as use as a refinery. It had been owned by Tosco for several years before being purchased by Phillips in 2001. ConocoPhillips has owned and operated the site since 2002.

  • #4914

    Charles Randall
    Participant

    Here is update on COP closure. I understand LyondellBasell already moving to close French Berre Refinery because no interest.

    All these type refineries are going screw up the “Capacity & Utilization” tables again next year. Because of announcements they will be put on close list but with environmentalist block (especially in Europe & US East Coast) against “New/Grassroots Refineries” brownfield sites like these at firesale prices aren’t going to stay close – someone needs lobby for putting them in same class as “idled” so they stay in Capacity tables as “operable”.
    Regards

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