Refining Community Logo

Update Sinclair Tulsa – May be Hold, Coke Drums @ Catoosa

Home Forums Coking News: DCU, Upgrader 1.Coker (registered users only) Update Sinclair Tulsa – May be Hold, Coke Drums @ Catoosa

This topic contains 3 replies, has 3 voices, and was last updated by  Darla Maimbourg 12 years, 11 months ago.

  • Author
    Posts
  • #3198

    Charles Randall
    Participant

    There are strong rumors that Sinclair has put their Tulsa Coker Expansion on hold until economics imporve. Sinclair is going to have news release of 4Q08 or 2008 year SEC report release on Feb 11, 2009 – perhaps details will be in it. 
     
    Sinclair has already spent about 1/3 of its $1 Billion funds and an October 16, 2008 news item has the coke drums at the Port of Catoosa awaiting transport to the plant in NASA like move (move light poles, special big truck traliers, blocking off highways & ect) in spring of 2009. I did google earth on Port Catoosa & they are not visible so they must be inside one many storage bldgs there. News Release details claim the size drums are 32 feet by 110 feet but I think these may be in error however.
     
    Regards
    Charlie Randall

  • #6074

    Darla Maimbourg
    Participant

    Thanks for the update! This is a big job in Tulsa. However, all info is kept very quite and hardly no one doing anything out there!
     
    Thanks again!
    Darla Maimbourg
    Howard Johnson Inn Extended Stay Hotel
    8525 E 41st Street
    Tulsa, OK
    918-627-0030
    http://www.howardjohnsontulsa.com
     

  • #6066

    Claude Bly
    Participant

    The drums are in fact the dimensions that you posted, and they are in an outside storage lot, I have pics that I wi’ll try to post; Our company ‘s chasing a Coke drum replacement project & we went and looked these drums over recently. WE have heard that Sinclair is having trouble with permiting the remainder of the move. (Just a rumor though.)

  • #6064

    Charles Randall
    Participant

    Sinclair refinery expansion on hold
     
    By ROD WALTON World Staff Writer
    Published: 7/17/2009  6:44 PM

    .leadp { font-size:14px; color:#626466; }
    The Holly Corp. and Sinclair Oil Co. refineries in west Tulsa both are moving ahead with plans for environmental upgrades, but Sinclairs heralded $1 billion expansion will not happen soon, officials said Friday.
    Sinclairs two-year growth project is shelved indefinitely because of external economics, company spokesman John Goodwin said. Giant coke drums shipped from Japan will remain at the Tulsa Port of Catoosa until new work begins.
    It hasnt been canceled, but its on hold, Goodwin said.
    The refinery will continue with other environmental improvements required by a federal court settlement. Sinclair must spend millions to reduce emissions, according to reports.
    Weve done quite a bit of work relative to the environmental compliance, Goodwin said. I think were regularly moving along.
    Sinclair Tulsa Refining Co. announced its $1 billion expansion with great fanfare in 2007, saying it planned to increase daily capacity from the current 65,000 barrels, add employees and decrease air pollution. The company has raised its work-force level to about 300 from 200 two years ago and had begun some engineering work before putting the expansion on hold.
    The expansion might have provided 1,500 temporary construction jobs as well as having a trickle-down effect on other area businesses.
    Holly Corp. says it will begin its $150 million upgrade with some engineering work this year. Construction will begin next year and be completed by mid-2011, company spokesman Neale Hickerson said.
    Dallas-based Holly bought the refinery from Sunoco

    CM8ShowAd(“336×280”);

    Inc., closing the deal June 1. The company paid $65 million for the facility, a price considered well below its potential value.
    Embedded within that transaction, however, was an environmental mandate to produce ultra-low-sulfur diesel 15 parts sulfur per million by November 2011. Holly will build a new diesel hydrotreater and sulfur recovery unit, according to reports.
    Hickerson stressed that no economic challenges can derail that effort.
    Theres no getting around this one, he said.
    Philadelphia-based Sunoco was going to shut down the refinery and convert the property into a terminal operation if no buyer was found. The ultra-low-sulfur diesel was mandated in 2006, but Holly got a two-year waiver from the Environmental Protection Agency, Hickerson noted.
    Holly employs about 366 people in Tulsa and processes close to 85,000 barrels of crude oil daily into diesel, other transportation fuels and speciality lubricants.
    Down the river, Sinclairs Goodwin applauded Hollys commitment, saying he believes both refineries are headed in the right direction.
    I think its good for all of us, he said. Theyre a good company, and its good to have them in town.
    However, refineries everywhere are feeling the pinch of tougher environmental rules, tight profit margins and volatile crude oil prices.
    Its a tough business, Goodwin said.

You must be logged in to reply to this topic.

Refining Community