Lovin' asphalt! Big Spring Refinery powers up for 2Q 2016Lovin' asphalt! Big Spring Refinery powers up for 2Q 2016https://www.recenter.tamu.edu/news/newstalk-texas/?Item=134242016-06-06T05:00:00Z2016-06-06T18:00:00Z

​BIG SPRING, HOWARD COUNTY - After slogging through a difficult first quarter, economies appear to be improving for the Big Spring Refinery and its owner, Alon USA.

Alon reported a loss of $29.2 million, or 42 cents per share, following adjustment for special items in the first quarter, compared to income of $20.9 million, or 30 cents per share, for the first quarter 2015.

Jeff Brorman, vice president, refining, told the Reporter-Telegram that the refinery has been running at its maximum rate since late March.

A planned reformer regeneration and diesel hydrotreater catalyst replacement was made during the first quarter, and Brorman said that such equipment typically has a limited life span and refineries usually replace every 12 to 18 months.

During the change out, the refinery reduced its throughput to an average 67,500 barrels per day during the quarter. That reduced rate allowed the refinery to manage inventory, Brorman said.

“We have to store that intermediate product and once the units are back online, we process those stored barrels along with new product. It takes awhile to work through that stored inventory.”

Brorman expects the refinery will average 74,000 barrels a day in the second quarter. 

Of that, 87 percent will be converted into gasoline, diesel and jet fuel and 3 percent to 5 percent into asphalt. 

Asphalt, though a small part of the Big Spring Refinery’s production stream, should be a strong performer this year, Brorman said.
Midland Reporter-Telegram
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