Chevron’s global refining system manufactures fuels and other products sold by Chevron’s marketing, lubricants, and supply and trading organizations. We market these products under the Chevron®, Texaco® and Caltex® brands.
Including our share of affiliates, Chevron can process more than 1.96 million barrels of crude oil per day.
Six refineries make up more than 75 percent of the company’s total fuel refining capacity. Five of these core refineries—in Singapore, Thailand, South Korea, and Richmond and El Segundo, California—manufacture products for countries in the Pacific Basin. The sixth refinery, in Pascagoula, Mississippi, supplies countries primarily in the Atlantic Basin. Many of these refineries are capable of processing heavy crude oils and producing a variety of high-value products, including transportation fuels.
Operating safely, reliably and with a commitment to protecting the environment remains among our top priorities. We have implemented a loss prevention system in our wholly operated facilities. This behavior-based safety system is designed to help strengthen our culture of injury-free and incident-free operations while providing a base for strong, competitive performance.
Several of our refineries recently completed major upgrades.
In 2013, GS Caltex, a 50 percent-owned affiliate, started commercial operations of a 53,000-barrel-per-day gas-oil fluid catalytic cracking unit at the Yeosu Refinery in South Korea. It is the refinery’s fourth unit of this kind and enables the refinery to use low-cost feedstocks to manufacture high-value products.
Completed in 2012, modifications to the 64 percent-owned Map Ta Phut Refinery in Thailand enabled its products to meet regional specifications for cleaner gasoline and diesel fuels. Efforts to improve competitiveness and yield are also under way at the 50 percent-owned Pulau Merlimau Refinery in Singapore.
In 2013, we started a project at our Pascagoula Refinery that provides additional flexibility to process a broader range of crudes. A project to improve the flexibility at the Salt Lake City, Utah, refinery is scheduled to be completed by the middle of 2014.
In addition, we are building a $1.4 billion premium base oil plant at the Pascagoula Refinery. The facility is designed with a capacity of 25,000 barrels per day. The assembly and construction phase is expected to be completed in the second quarter of 2014. When complete, the plant will make Chevron the world’s leading producer of premium base oils.
Updated: May 2014