21 February 2007 00:31 [Source: ICIS news]
HOUSTON (ICIS news)--Valero said on Tuesday it will be several weeks at least before it can restart its fire-damaged 170,000 bbl/day McKee refinery in Sunray, Texas.
The company said it still did not have all of the information needed to announce a credible timeline for a startup.
Valero said damage to the refinery was largely confined to the PDA and adjacent piping systems. The company said there also is heat damage to a cooling tower near the propane deasphalting unit and fire damage to a naphtha fractionation tower.
Gasoline and naphtha prices moved higher on Tuesday.
On the New York Mercantile Exchange (Nymex), the March reformulated blendstock of oxygenate blending (RBOB) futures contract settled at $1.6491/gal, up 0.38 cents from 16 February.
US Gulf N+A spot naphtha prices ended the day at $1.6100-1.6125/gal, up 1.5 cents from last Friday.
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