Tesoro has announced an investment on the US West Coast to build a new mixed xylenes extraction unit. For discounted crudes to be taken full advantage of, debottlenecks such as this chemicals project are key; however, merchant mixed xylenes markets are not necessarily calling for this material. As such, this insight introduces the idea of competing influences around this project from refining and chemicals markets.
Table of contents
Review of press release
If you build it, crude will come
What does this crude do for West Coast refiners?
Where do mixed xylenes fit into this?
How does Tesoro enter this market?
How does the terminal relate to the mixed xylenes project?
So what could this mean for Tesoro?
Tables and charts
This report includes 9 images and tables including:
Production Profile, Bakken Crude
Bakken Refining Values by PADD
Potential Crude Movements Into Tesoro's System
Tesoro - Chemicals treasure in the Northwest?: Table 1
Fractions of Crudes Consumed in the Tesoro System
PADD V Gasoline Balances, Net Exports
Vertical Integration in the Polyester Chain
Mixed Xylenes Exports, United States
Tesoro - Chemicals treasure in the Northwest?: Image 8