SOURCE: Industrial Info Resources

Industrial Info Resources

June 24, 2010 05:10 ET

Chevron Corporation Expects Approval for Mississippi Base Oil Plant in Late 2010, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - June 24, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Chevron Corporation (NYSE:CVX) (San Ramon, California) expects to receive full approval in December 2010 to construct a 25,000-barrel-per-day Group II and Group III base-oil plant at its refinery in Pascagoula, Mississippi. The company has received some funding to begin site preparation. The plant will include an isodewaxing unit; an atmospheric-residue desulfurization unit; a sulfur-recovery unit with supporting tail gas treater; and supporting storage tanks.

Other companies featured: Jacobs Engineering Group (NYSE:JEC)

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