The deal covers the sale of the refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal. 'published_date' : '2021-05-27', 0:00. The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. The 91,000 barrel-per-day Mobile refinery is a strategically located asset, one capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth . The average annual pay for an Oil Refinery Job in Mobile, AL is $70,414 a year. * Vertex to acquire 100% of Mobile Chemical LP Refinery * Transforms Vertex into a Leading Independent Refiner of Renewable and Conventional Products * Multi-phase Renewable Diesel Project to . All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. Earlier this week, Shell revealed that it had reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. 400 Industrial Parkway. "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". Oleochem Analytics - Equilon Enterprises, a subsidiary of Royal Dutch Shell, announced it has agreed to sell its 90,000 bbls/day Mobile Chemical Refinery in Alabama to Vertex Energy, a Texas-based specialty refiner of alternative feedstocks and marketer of petroleum products. United States Article. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. Located near the US Gulf Coast, at the north end of Mobile Bay in Alabama, the 90,000 barrel-per-day (bpd) Mobile refinery is equipped to produce LPG, diesel fuel, jet fuel and gasoline, among others. Vertex Energy is extending its US Gulf marine fuel supply agreement with Bunker One to cover the Mobile, Alabama refinery after buying the plant from Shell.. The consideration for the transaction is $75 million in cash, plus the value of the hydrocarbon inventory, which currently ranges from $65 million to $85 million, assuming current market prices and historic inventory volumes under normal operating conditions, Shell outlined. In a statement issued yesterday (26 May), Shell said that the divestment of the 90,000 barrels a day (b/d) Mobile plant is part of the strategy to 'reduce its . May 26 (Reuters) - Royal Dutch Shell is selling its Mobile, Alabama refinery to Vertex Energy for $75 million, the company said on Wednesday. Oil Refiners Service Station Equipment & Supplies. Vertex Energy, Inc. (Houston), a leading specialty refiner and marketer of high-quality refined products, announced that it has entered into a definitive agreement to acquire the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP ("Shell"), subsidiaries of Royal Dutch Shell plc, for $75 . Hunt Refining Company is a privately held petroleum refiner headquartered in Tuscaloosa, Alabama. Found inside – Page 115Appendix A ALABAMA GARY REFINING COMPANY Englewood , CO Refinery : Fruita , co MARION CORPORATION Mobile , AL Refinery : Theodore , AL WYOMING REFINING COMPANY Denver , CO MOBILE BAY REFINING COMPANY Chickasaw , AL Refinery : Chickasaw ... Found inside – Page 263Design capacity and production ( barrels per day ) of petroleum refineries in the Alabama Coastal Region ... Mobile Bay Chevron Saraland Theodore Chickasaw Mobile 40,000 20,000 20,000 < 15,000 34,200 20,000 10,000 NA Table 65. Found inside – Page 126Appendix A ALABAMA GARY REFINING COMPANY Englewood , CO Refinery : Fruita , co CORAL PETROLEUM , INC . Refinery : Cordova , AL WYOMING REFINING COMPANY Denver , CO MARION CORPORATION Mobile , AL Refinery : Theodore , AL GEORGIA MOBILE ... The refinery is designed to process approximately 90,000 barrels per day of . The company plans to convert a portion of the facility to renewable diesel production. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Houston, Texas-based re-refiner Vertex Energy, Inc. has entered into a definitive agreement to acquire the Mobile, Alabama, U.S.A., refinery from Shell for USD75 million. Shell is selling the 90,000 b/d plant near the US Gulf Coast as part of a strategy of "reducing its global refinery footprint to core sites integrated with the company's trading hubs, chemicals plants and marketing businesses," the . Shell is grateful to the Mobile community for the collaboration and support over the past two decades. The refinery uses two docks along 6,000 . Found inside – Page 63600 + 600 465 16 16 18 3 860,000 ( 1 ) 60,000 3 240 + 235 + 495 35 Right bank Mobile River Triangle Refineries , Inc. Shell Oil Co ... GAF Corp .... Texaco , Inc. Do .. Belcher Company of Alabama . 8 3 3 51 125,000 67,000 22,500 ( 2 ) ... IN BUSINESS. 'company' : '', US company Vertex Energy has bought Shell's 90,000 bpd Mobile Chemical LP Refinery in Alabama, US. The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. Vertex plans to convert a hydrocracker at the plant to produce renewable diesel, with RD production reaching 10,000 b/d by Q4 2022 and increasing to 14,000 b/d by mid-2023, Vertex spokesman Noel Ryan said. Found inside – Page 183Crude Oil Refining Capacity Information published by the Bureau of Mines indicates that as of January 1 ... American Bitumuls asphalt - type refinery at Mobile , Alabama , whose daily crude oil capacity of 5,000 barrels is shut down . Water Treatment Equipment-Service & Supplies, Building Contractors-Commercial & Industrial, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. Found inside – Page 61-761Mobile Gas , Marion's supplier and a distribution customer of United , proposes to deliver an equivalent quantity of natural gas to Marion for use in Marion's refinery located in the Theodore Industrial Park near Mobile , Alabama ... Benzene Alert. 'Region' : 'United_States', Owner: Shell Chemical LP Shareholders: Shell Oil Company Activity Since: 1975 Contact Coordinates: 30.788559,-88.056015 The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. Found inside – Page 209Giant Industries Inc, Bloomfield/New Mexico: 16,800 b/d; Gulf Atlantic Operations LLC, Mobile/Alabama: 16,700 b/d; San Joaquin Refining Co Inc, Bakersfield/Califirnia: 15,000 b/d; ConocoPhillips Alaska Inc, Kuparuk/Alaska: 14,000 b/d; ... Found inside – Page 111Coastal Refining & Marketing Inc. Corpus Christi , Texas Coastal Mobile Refining Co. Chickasaw , Alabama Castle Energy Corp. Indian Refining Lawrenceville , Illinois Powerine Oil Co. Santa Fe Springs , California . As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shell's customers in the region. Found inside – Page 996Mobile , Alabama 41,300 Consumers Power Company Marysville , Michigan 37,655 Pride Refining Company ( Sea Train Lines , Inc. ) Abilene , Texas 36,500 Placid Refining Company Port Allen , Louisiana 36,000 Hunt Oil Company Tuscaloosa ... Found inside – Page 111Lewin Metals operated a copper and lead refinery in Monsanto with a daily capacity of 50 tons each of brass , bronze , and ... is derived ( a monopoly that it held until 1939 , when a second refinery was opened in Mobile , Alabama ) . Found inside – Page 219L E. Kincannon , Rock Island Refining Corp. , Indianapolis , Ind . Malcolm McDuffie , Mohawk Petroleum Corp. , Los Angeles ... Refining Company , Palestine , Texas John R. Major , Alabama Refining Company , Inc. , Mobile , Alabama 0. Additional risk factors that may affect future results are contained in Royal Dutch Shell's Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and a marketer of high purity petroleum products. The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the. June 3, 2021. The 91,000 barrel-per-day (bpd) Mobile refinery is a strategically located asset, one capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks. May 26 (Reuters) - Royal Dutch Shell is selling its 90,000 barrel-per-day (bpd) Mobile, Alabama refinery to specialty refiner Vertex Energy for $75 million plus the cost of . The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. From Business: Davison Fuels & Oil, Inc. is one of the largest locally owned and operated wholesale distributors of fuel and lubricants in the Southeastern United States.â¦, From Business: Davison Fuels & Oil Inc is a locally owned and operated wholesale petroleum products distribution company who doesn't measure success by what we haveâ¦, From Business: McKinney Petroleum Equipment specializes in sales and service of petroleum, commercial and industrial equipment and systems. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. It also produces low-sulfur vacuum . In this press release "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. From a sole proprietorship foundedâ¦. Vertex Energy to acquire Shell's Mobile, Alabama refinery Industry: Oil and Gas Royal Dutch Shell is selling its 90,000 barrel-per-day (bpd) Mobile, Alabama refinery to specialty refiner Vertex Energy for $75 million plus the cost of hydrocarbon inventory, the company said on Wednesday. Likewise, the words "we", "us" and "our" are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. The Mobile refinery processes about 90,000 barrels per day of crude oil and products, including liquefied petroleum gas, diesel fuel, jet fuel and gasoline. Learn more about Shell on our global . Vertex Energy to acquire Shell's Mobile, Alabama refinery. Extension East. Vertex Energy will acquire an oil refinery in Mobile, Alabama and produce renewable diesel. The refinery is designed to process approximately 90,000 barrels per day of crude oil and products that include LPG, diesel fuel, jet fuel, and gasoline. Found inside – Page 10REFINERY IN DESCENDING ORDER : JANUARY 1 , 1980 ( Continued ) ( BARRELS PER CALENDAR DAY ) Capacity bld National ... Santa Fe Springs , California 44,120 Rock Island Refining Corp. ... Mobile , Alabama 41,300 United Refining Co. Once operable, the Mobile refinery's converted hydrocracking unit will be capable of processing a wide range of organic, pre-treated feedstocks, including soybean and corn oil, meat tallow and . Vertex is a Texas-based specialty refiner of . 'longevity' : 'News', Fax +1 251 679 7125. The Alabama Bulk Terminal Company, LLC provides a means of receiving waterborne crude oil into the Hunt Refining Company system. Vertex is a Texas-based specialty refiner of alternative feedstocks. YEARS. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. (251) 661-8800. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. This transaction is expected to close in Q4 2021, subject to regulatory approvals. The Mobile refinery has the optionality to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. You can find Shell Oil Refinery in Saraland on Mobile, Industrial Parkway, 400 number in street. Of Engineers Mobile District Securities Litigation Reform Act of 1995 ) concerning the financial condition, results of and. And all other marks contained herein are trademarks of YP LLC and/or YP companies... 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