US Valero’s Louisiana refinery to remain shut through August

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)

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By: Anna Matherne

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