Bloomberg News

CVR Coffeyville Said to Restart Catalytic Cracker After Repairs

September 19, 2013

CVR Energy Inc. (CVI:US)’s Coffeyville refinery in Kansas restarted a fluid catalytic cracker shut more than six weeks ago for repairs, a person familiar with operations at the plant said.

The unit was halted in late July after a failure on the flue gas coolers, Jack Lipinski, chief executive officer of the the Sugar Land, Texas, company, said on an Aug. 1 conference call with analysts. The equipment was supposed to be started in the third week of August.

While the cracker was down, workers discovered that several tubes in one of its heaters needed to be replaced, according to the person, who asked not to be identified because the information isn’t public. Those repairs were finished Sept. 13.

Angie Dasbach, a spokeswoman for CVR, said the company doesn’t comment on daily operations.

Lipinski said on the call that CVR was taking advantage of the catalytic cracker’s downtime to shut a crude unit for repairs and cleaning. That unit has also been restarted, the person said.

The Coffeyville refinery can process 115,000 barrels of crude a day, according to the company’s website. It’s about 100 miles from Cushing, Oklahoma, the delivery point for crude futures traded on the New York Mercantile Exchange.

To contact the reporter on this story: Dan Murtaugh in Houston at dmurtaugh@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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Companies Mentioned

  • CVI
    (CVR Energy Inc)
    • $47.83 USD
    • -0.61
    • -1.28%
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