Good capacity gains and restructuring highlight worldwide refining

Thi ChangRefining/Petrochemical Editor Ashland Petroleum Co.'s St. Paul Park, Minn., refinery has 70,000 b/d of crude distillation capacity. Data on the refinery can be found in the worldwide refining survey, which begins on page 41. Information in the survey reflects refinery capabilities as of Jan. 1, 1998. In 1997, company mergers and acquisitions rearranged refiners' ranks, and worldwide crude distillation capacity increased 3% to 78.3 million b/d. Larger growths occurred in some regions: the South America/Caribbean region (7.8%), the Middle East (4.4%), and the Asia/Pacific region (4.3%). Worldwide vacuum distillation capacity increased 3.5%, catalytic cracking ca...

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