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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