Related Keywords: at refining system, global xylene market, high return capital projects, intermediate feedstock, product petochemical feedstock, Tesoro Corporation, Xylene
Tesoro Corporation plans to produce petrochemical feedstock in its U.S. West Coast refining system. The Company intends to pull together intermediate feedstock, primarily reformate, from its West Coast refining system for xylene extraction at Anacortes, Washington.
The initial investment will be to the tune of around $400 million, will recoup up to 15,000 barrels per day of mixed xylene. The mixed xylene will mainly be exported to Asia and is used to make polyester fibers and films for clothing, food packaging and beverage containers.
