Archive for Wednesday, July 12, 2000

Koch to upgrade Texas refinery

July 12, 2000

Advertisement

— Drivers might breathe a little easier sooner than expected.

Koch Industries will spend $28 million to upgrade its Texas refinery to produce low-sulfur gasoline by summer 2001, the company announced Monday.

The move allows Koch to meet federal clean-air requirements ahead of schedule. The gasoline, which will be produced by May, will contain about 50 percent less sulfur than the industry average, said Jim Mahoney, head of Koch's refinery operations.

The company also will spend between $130 million and $190 million to meet expected federal standards in 2005 to reduce sulfur in gasoline by 90 percent.

Koch produces about 130,000 barrels of gasoline a day at its refinery in Corpus Christi, Tex.

Commenting has been disabled for this item.