NPRA: Refiners eye new ways to manage costs

Thi Chang Refining/Petrochemical Editor U.S. refiners continue to face hard times. Many are seeking new ways to manage costs in a period of depressed margins. At the same time, most are considering investments to prepare for low-sulfur fuel requirements in the future. These and other issues were the key focus of the National Petrochemical & Refiners Association (NPRA) annual meeting last week in San Antonio. State of the industry U.S. refining margins remain low, and thus refiners are faced with a poor return on their capital. At the same time, the industry is faced with various environmental regulations: RFG (reformulated gasoline) Phase 2, refinery MACT (maxim...

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