By ALISON SIDER
HollyFrontier disclosed that unplanned outages at two of its
refineries will reduce its crude throughput in the second
quarter by about 7.5% from what it had been expecting.
The company said fluid catalytic cracking units at its
Cheyenne, Wyoming, and El Dorado, Kansas, refineries will be
down for about 10 days due to unspecified operational
As a result, the company is expecting it will process about
370,000 bpd of crude during the quarter, instead of the 400,000
bpd it had forecast on an earnings call earlier this month.
HollyFrontier spokeswoman Julia Heidenreich said the company
felt the event was material and should be reported to
During its first quarter earnings call,
HollyFrontier CEO Michael Jennings cited unplanned
downtime as a problem and said the company is aiming for "more
consistency in our refinery operations."
The 47,000 bpd Cheyenne refinery had a 25 day coker outage
in the first quarter as a result of a fire in January
2013, which contributed to lower processing rates and a $3
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