Alon USA Partners Conducting Maintenance Work on Big Spring Refinery Unit
by PR Newswire
DALLAS, Jan. 29, 2013 /PRNewswire/ -- Alon USA Partners, LP (NYSE: ALDW) today announced that the partnership's Big Spring, Texas, refinery will undergo maintenance in February, primarily to make repairs to the facility's vacuum tower.
While making these repairs, the partnership will also complete a reformer catalyst regeneration and a diesel hydro-treater catalyst replacement that were scheduled to be performed later in the year. Completing this work now will eliminate the planned crude reductions scheduled to occur later in the year and minimize the overall impact on annual throughput.
This maintenance is expected to take approximately 10 days to complete. "Our focus is to ensure the work is performed safely and properly while also minimizing downtime," according to Paul Eisman, President and CEO of the general partner of Alon USA Partners, LP.
As a result of these activities, total throughput at Big Spring Refinery during the first quarter of 2013 is expected to be reduced to 62,000 barrels per day. However, the impact on total throughput for 2013 is expected to be minimal.
Alon USA Partners, LP is a Delaware limited partnership formed in August 2012 by Alon USA Energy, Inc. ("Alon Energy") to own, operate and grow our strategically located refining and petroleum products marketing business. Our integrated downstream business operates primarily in the South Central and Southwestern regions of the United States. Alon USA Partners, LP owns and operate a crude oil refinery in Big Spring, Texas with total throughput capacity of approximately 70,000 barrels per day. Alon USA Partners, LP refines crude oil into finished products, which we market primarily in West Texas, Central Texas, Oklahoma, New Mexico and Arizona through our wholesale distribution network to both Alon Energy's retail convenience stores and other third-party distributors.
Any statements in this press release that are not statements of historical fact are forward-looking statements. Forward-looking statements reflect our current expectations regarding future events, results or outcomes. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our financial condition, results of operations and cash flows. Additional information regarding these and other risks is contained in our filings with the Securities and Exchange Commission.
Amir Barash, Vice President - IR
Alon USA Partners, LP
Investors: Jack Lascar/Sheila Stuewe
Media: Blake Lewis
Lewis Public Relations
SMG Public Relations
SOURCE Alon USA Partners, LP