Exxon Expects Beaumont Refinery Trip to Hinder Production

Date : 07/10/2012 @ 1:07PM
Source : Dow Jones News
Stock : Exxon Mobil Corp. (XOM)
Quote : 81.65  0.39 (0.48%) @ 4:36PM

Exxon Expects Beaumont Refinery Trip to Hinder Production

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   By Ben Lefebvre 
 

Exxon Mobil Corp. (XOM) said Tuesday that production at its refinery in Beaumont, Texas, will be hindered because of a problem with the refinery's alkylation unit.

A malfunctioning valve on the unit caused flaring at the 344,500 barrel-a-day refinery, Exxon said in a filing with the Texas Commission on Environmental Quality.

"The refinery anticipates some impact to production," Exxon said in its filings, adding that it would still be able to meet all customers' supply needs.

Write to Ben Lefebvre at ben.lefebvre@dowjones.com

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