Exxon Mobil Corp completed the startup of a new $2 billion crude distillation unit (CDU) at its Beaumont, Texas, refinery, making the plant the second largest in the United States, said people familiar with plant operations.
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraescompleted the startup of a new $2 billion crude distillation unit at its Beaumont, Texas, refinery, making the plant the second largest in the United States, said people familiar with plant operations.
The addition of Crude C comes nine years after Exxon first began considering the expansion to take advantage of new light oil production from the Permian Basin in west Texas and New Mexico.
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