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 three brands: Chevron®, Texaco® and Caltex®.
Including our share of affiliates, Chevron can process more than 1.95 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 have undergone major upgrades.
In 2011, Chevron's 50 percent-owned GS Caltex affiliate continued work on projects at its refinery in Yeosu, South Korea, to improve the refinery's ability to process lower-cost, heavier feedstocks. A 53,000-barrel-per-day heavy oil fluid catalytic cracking unit at the refinery completed the assembly and construction phase in early 2013. It is the refinery's fourth unit of this kind.
In 2012, construction was completed on modifications to the 64 percent-owned Map Ta Phut Refinery in Thailand 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.
At our refinery in El Segundo, we continue to invest in projects that improve reliability and process flexibility. In 2012, modifications to improve the refinery's ability to process a range of crude oils were completed. Similar projects made progress in 2012 at the Salt Lake City, Utah, and Pascagoula refineries and are scheduled to be completed in late 2013.
At our Pascagoula Refinery, we are building a $1.4 billion premium base oil plant. The facility is designed with a capacity of 25,000 barrels per day. The assembly and construction phase is expected to be completed by the end of 2013. Also at Pascagoula, we continued engineering and procurement work on projects to further improve the refinery's flexibility.
Updated: April 2013