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Bayway Assesses FCC Patch Potential

REFINING

Phillips 66 Bayway refinery is assessing the possibility of patching a hotspot that caused the shutdown of its sole 145kbd FCC this week according to Bloomberg sources.

  • The unit will be out for several weeks if it is unable to be patched.
  • A lengthy shutdown would likely trigger a slowdown of other units such as the crude unit according to the source.
  • Reports of the shutdown prompted a mid-week gasoline crack rally which have reverted back somewhat today on its potential repair.
  • US gasoline crack down -1.4$/bbl at 37.2$/bbl

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