- Tesoro (TSO) announces plans to produce petrochemical feedstock in its U.S. west coast refining system, gathering intermediate feedstock, primarily reformate, for xylene extraction at Anacortes, Wash.
- An initial investment of ~$400M is designed to recover up to 15K bbl/day of mixed xylene, whose global market TSO says is growing 5%-7% annually, primarily driven by demand in Asia.