12 March 2013 16:58 [Source: ICIS news]
HOUSTON (ICIS)--US farm and refining cooperative CHS will spend $327m (€252m) to expand the capacity of its McPherson refinery in Kansas, the company said on Tuesday.
The expansion will add 15,000 bbl/day to the 85,000 bbl/day refinery, and it will begin this spring with phased completions in the second half of 2015 through 2016.
The project will take place at the same time as the construction of a replacement coker already in progress, according to CHS. The McPherson refinery will continue to operate normally during both projects.
“The added refinery production will be equally divided between diesel and gasoline to best meet our customers’ agricultural needs in rural America,” said Jay Debertin, CHS executive vice president and chief executive officer, Energy and Foods.
CHS operates a second refinery in Laurel, Montana, with a capacity of 55,000 bbl/day.
($1 = €0.77)
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