By ROSE MARTON-VITALE
ExxonMobil said Thursday a fire at an unspecified process
unit at its Baytown refinery in Texas late Wednesday
will result in some impacts to production, but added that it
expects to meet its contractual agreements.
The fire that broke out at 5:00 p.m. local time Wednesday
was extinguished by ExxonMobil's on-site emergency responders
by 8:30 p.m. It was confined to one unit.
ExxonMobil said in a filing to the National Response Center
that the fire was caused by a hole in a reactor. The filing
didn't identify the unit involved.
All remaining refining operations are normal,
company spokeswoman Rachael Moore reiterated in an emailed
There were no injuries associated with this event and
air-quality monitoring around the complex and in the community
has revealed no adverse impact.
An investigation is under way to determine the cause of this
incident, Ms. Moore added.
Cash market refined product pricing premiums have moved up
on speculation of tightening supply due to this fire, traders
Ultra-low-sulfur diesel fuel for prompt 57th-cycle Colonial
Pipeline delivery has traded to 8 cents/gal over November Nymex
heating oil futures, up from 6.5 to 7 cents over the day
Prompt 57th-cycle delivery of M3-grade regular conventional
gasoline traded 1.25 cents up on the day, at 13.25 cents over
November Nymex RBOB.
The Baytown refinery, a five-square-mile complex
that produces fuels and petrochemicals, has a capacity of
584,000 bpd, making it the largest operating refinery in the US and one of the
largest in the world.
Dow Jones Newswires