Tesoro Corp.’s board of directors approved two clean fuels projects at the company’s Anacortes, Wash., refinery that will cost a combine $390 million. Tesoro will spend $300 million on a mixed xylenes project that will upgrade and diversify the value of the refinery’s product slate. Tesoro will also build a $90 million naphtha isomerization unit designed to comply with upcoming regulations on sulfur content in gasoline.
The mixed xylene project is expected to start up in 2017 and the isomerization unit is expected to come on line in 2018.
SEE ALSO: Willie Tempton, Phillips 66 Sweeny Refinery embark on $3 billion expansion
Photo: Walter Siegmund