ExxonMobil's gasoline-making FCC out six days in Louisiana

05 October 2009 22:37  [Source: ICIS news]

HOUSTON (ICIS news)--A gasoline-making fluid catalytic cracker (FCC) at ExxonMobil's Baton Rouge refinery in Louisiana will be shut down for six days for repairs, an industry source said on Monday.

The 503,000 bbl/day refinery experienced an unidentified problem and shut the unit on 2 October, according to a US Gulf products trader.

ExxonMobil spokesman Kevin Allexon said that the company does not comment on the operational status of its refineries unless it requires a state filing.

Cash gasoline prices were higher in today's trading as the market responded to the news by pushing differentials closer to the NYMEX reformulated gasoline blendstock for oxygenate blending (RBOB) futures values, according to a USG gasoline trader.

Regular unleaded cash gasoline in the US Gulf was valued at $1.7475-1.7500/gal, a jump of 2.25 cents from Friday, according to global chemical market intelligence service ICIS pricing. 

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By: Ryan Hickman
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