Flint Hills to raise Waco TX terminal capacity
Jan 1, 2006 12:00 PM
Flint Hills Resources will increase its fuel storage capacity in Waco TX by about 40% in 2006 to better serve central Texas fuel markets.
The company provides an array of fuels, including low-sulfur gasoline and diesel, for retail customers that provide fuel to central Texas communities such as Waco, Temple, Killeen, Bryan, College Station, and Corsicana. It has been supplying fuel in these markets for more than 20 years.
This Waco expansion project is expected to be complete in the second half of 2006. The company, which owns a crude oil refining complex in Corpus Christi, pipelines, and fuel terminals, is also building a new storage and distribution facility in Bastrop County, Texas, to supply jet fuel to Austin-Bergstrom International Airport.
Flint Hills Resources' Texas refining operation can process about 300,000 barrels per day of crude oil. Two main pipelines from the Corpus Christi site serve San Antonio, Austin, Waco, and the Dallas-Fort Worth area, including Dallas-Fort Worth International Airport.
The company also operates refineries in Minnesota and Alaska. In Minnesota, Flint Hills Resources plans to boost its refining capacity by 50,000 barrels per day to meet demand in the upper Midwest. The company also has increased pipeline capacity by 10,000 barrels per day to markets it serves in Wisconsin.
In Alaska, the company is investing $23 million to supply customers with low-sulfur fuels.
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