Valero Energy Corp., plans to increase light crude oil processing capacity at several U.S. Gulf Coast refineries through 2018, reports Reuters news service, citing a presentation the refiner made to investors.
Valero is moving forward with the projects to increase light crude processing capacity because of ever-growing Texas output that increasingly reaches U.S. Gulf Coast refineries, Reuters reports.
In 2015, Valero will start up new crude “topping units” at its 88,000 barrel-per-day (bpd) Houston refinery and its 200,000 bpd Corpus Christi, Texas, refinery that will come online in 2015, the company said, according to Reuters.
