SOURCE: Industrial Info Resources

June 12, 2009 05:30 ET

Holly Corporation Plans Ultra-Low-Sulfur Diesel Project in Oklahoma, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - June 12, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Holly Corporation (NYSE:HOC) (Dallas, Texas) is planning to build a 25,000-barrel-per-day hydrotreater and sulfur recovery unit to allow its Tulsa refinery to produce ultra-low-sulfur diesel. The refinery was acquired from Sunoco (NYSE:SUN) (Philadelphia, Pennsylvania) in June 2009 for $65 million, and Holly is planning to select a company in the summer to perform engineering, procurement and construction services.

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