| Shell-Pemex Refinery to Expand Coke Handling Capability
Deer Park Refining L.P. (DPRLP), the Shell-Pemex partnership, today announced the signing of a long-term petroleum coke contract with Trans-Global Solutions (TGS). TGS will construct and operate a system to handle approximately two million tons of petroleum coke a year produced from the refinery's Delayed Coker Unit.
The $25 million project involves construction of a bulk storage terminal and conveyor system to be owned and operated by TGS on property adjacent to DPRLP. Construction will begin this month with startup projected for December 2002.
The recently expanded Deer Park coker unit converts petroleum pitch into petroleum coke. The petroleum coke will be loaded onto a conveyor, transported to and stored at the TGS Deepwater Terminal prior to loading by conveyor onto marine vessels for shipment to customers. The TGS terminal will have the ability to load vessels at a rate of greater than 30,000 tons of coke a day.
Petroleum coke typically is used by electric utilities for power generation, cement companies as a fuel source in kilns and in gasification units.
Deer Park Refining L.P. is a 50-50 joint venture of Shell and Pemex. |