Visibility to Growth and Disciplined Capital Management
Investing to Improve Margins
and Light Product Yields
Port Arthur's new coker will look like this one at Texas City.
14
Port Arthur Coker
$975 MM anticipated cost for 55 MBPD delayed coker
and sulfur recovery unit, with expected startup in 2022
Creates two independent CDU-VDU-coker trains, which
should improve turnaround efficiency and reduce
maintenance-related lost margin opportunity
Design enables full utilization of existing CDU capacity,
reduces VGO purchases, and increases heavy sour crude
and resid processing capability and light products yield
Estimated $420 MM annual EBITDA contribution at 2018
average prices ($325 MM at mid-cycle prices)
Incremental Volumes (MBPD)
Feeds
Crude
Resid
VGO
102
21
(47)
Products
Naphtha
3
Gasoline
15
Diesel
43
LPG
4
ValeroView entire presentation