31 July 2012 17:45 [Source: ICIS news]
HOUSTON (ICIS)--All units remain shut at Valero’s Meraux refinery in Louisiana following a fire in the crude unit on 22 July, a company executive said on Tuesday.
Repairs are in progress at the 135,000 bbl/day refinery, and normal rates are expected to resume by the end of August, according to Valero’s CFO Mike Ciskowski.
Repair costs are estimated at $10m (€8.2m), according to the company’s CEO, Bill Klesse.
He added that other units may be restarted as the maintenance continues on the crude unit.
($1 = €0.82)
Follow Anna on Twitter
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections