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Tuesday, Jul. 14, 1998
Coastal Corp. takes unit out of service at local refinery
Executive: Change has no effect on operation of plant
By JEFFREY TOMICH
Staff WriterCoastal Corp. has taken a unit at its Corpus Christi refinery out of service but said the move hasn't had an impact on operations at the plant.
Stock traders said the 29,000-barrel-a-day unit, known as an incremental reformer, was taken out of service late last week. They said the reformer creates blending components for high-octane gasoline.
Vicki Guennewig, vice president of public affairs for Houston-based Coastal, called the idling of the reformer a non-event and said it has ``no effect on the refinery or its operations.''
She declined to say exactly when the reformer was taken out of service or how long it will remain idle.
The 100,000-barrel-a-day Corpus Christi heavy crude refinery opened in 1962 and employs about 525 people.
It is one of three core refineries operated by Coastal. The company also has a 210,000-barrel-per-day refinery on the Caribbean island of Aruba and a 140,000-barrel-per-day refinery in New Jersey.
Bloomberg Business News contributed to this report. Staff writer Jeffrey Tomich can be reached at 886-4316.Post your comments about local news eventsFront Page || Main Index || News || Business || Texas || South Texas Outdoors || Birdwatching || Sports || Entertainment || Selena || Education || South Texas Attractions || World Wide Web