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(CORRECTED) - MOBIL <MOB> TO UPGRADE REFINERY UNIT
Mobil Corp said it will spend over 30
mln dlrs to upgrade a gasoline-producing unit at its Beaumont,
Texas, refinery.
It said the unit is a catalytic reformer, which converts
low-octane components of gasoline into high-octane components
for use in Super Unleaded gasoline.
The company said the modernization will allow the unit to
regenerate catalysts on a continuous basis without shutdown.
Currently, it must be shut twice a year. The unit produces
46,000 barrels of gasoline components a day. Construction will
start late this year, with completion set for mid-1989.
(Correcting unit's output to barrels/day from barrels/year)