Western Refining acquires three asphalt terminals
May 16, 2006 11:21 AM
Western Refining Inc, El Paso TX, has acquired from Chevron USA Inc an asphalt plant and terminal located in El Paso and asphalt terminals located in Phoenix and Tucson AZ and Albuquerque NM.
The asphalt plant and terminals were acquired by Western's indirect, wholly-owned subsidiary, Western Refining Company LP. This acquisition supports Western's strategy to process a significantly greater amount of sour crude oil in 2007, up to 50 percent of its El Paso refinery's total crude oil throughput.
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