Exxon considering expansion of Beaumont refinery

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Exxon Mobil (NYSE:XOM) is weighing a possible multibillion-dollar expansion of its 344K bbl/day Beaumont, Tex., refinery that could make it the largest in the U.S. by 2020, Reuters reports.

XOM is said to be considering an expansion to 700K-800K bbl/day in total refinery capacity at Beaumont, which would surpass Motiva's 600K-plus bbl/day Port Arthur refinery.

XOM reportedly is focusing on the possible addition of a third crude distillation unit at the refinery, and its size would determine how much capacity would increase; the plans also would include replacing four coking unit drums and adding two new coker drums.