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Valero CEO says five Texas refineries in process of restarting after Harvey
September 7, 2017 / 12:36 PM / 2 months ago

Valero CEO says five Texas refineries in process of restarting after Harvey

(Reuters) - Valero’s five refineries located on Texas’s Gulf Coast are in the process of ramping back up following Tropical Storm Harvey, Chief Executive officer Joe Gorder said on Thursday.

FILE PHOTO: An aerial view of the Valero Houston Refinery is seen in Houston, Texas, U.S. August 31, 2017. REUTERS/Adrees Latif

The company’s Corpus Christi refinery, which had been shut, is operating at pre-hurricane levels, he said at a Barclays investment conference on Thursday, which was broadcast via webcast.

Two other refineries, its Three Rivers and Port Arthur facilities, were in the process of restarting, while its Texas City and Houston refineries, which were never shut down, were still running at reduced rates.

Gorder said the Houston refinery had some issues with its fluid catalytic cracking unit, but he did not give specifics, saying it would be “back shortly.”

Those five refineries have a combined capacity of about 1.1 million barrels daily.

Reporting By David Gaffen

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