Valero Advances Port Arthur, St. Charles Hydrocracker Projects
Stock Chart for Valero Energy Corp (VLO)
The completion of the hydrocracker at Port Arthur has been moved to the third quarter of 2012 from the fourth quarter, Day said. The hydrocracker installation at the St. Charles refinery has been accelerated to the fourth quarter of 2012 from the fourth quarter of 2013.
The Port Arthur project will cost $1.5 billion and the St. Charles addition will cost $1.4 billion, Day said.
To contact the reporter on this story: Barbara Powell in Dallas at firstname.lastname@example.org
To contact the editor responsible for this story: Dan Stets in New York at email@example.com
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.