Koch Supply & Trading to Expand and Reconfigure Rotterdam Facility.ROTTERDAM, Netherlands -- Koch Supply & Trading plans to expand its refining facility here to increase production and reconfigure the facility to allow it to process mainly crude oil. The company expects to spend more than U.S. $15 million to increase the facility's processing capacity to 80,000 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. , up from 65,000 barrels per day. The refining facility, built in 1994, produces naphtha naphtha (năp`thə, năf`–), term usually restricted to a class of colorless, volatile, flammable liquid hydrocarbon mixtures. , jet kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off and gas oil, as well as residuals. "This expansion would help increase our capabilities here and bring additional products to European markets," said Steve Mawer, president of Koch Supply & Trading. "In addition, the facility modifications would allow us greater flexibility in acquiring feedstocks, including significantly more crude and substantially less condensate condensate, matter in the form of a gas of atoms, molecules, or elementary particles that have been so chilled that their motion is virtually halted and as a consequence they lose their separate identities and merge into a single entity. ." Currently, the facility processes mostly gas condensates. Following the expansion, expected to be complete in mid-2005, it would be able to use a majority of crude oil. Located at the Vopak Europoort Terminal, a key hub for refined petroleum products in Europe, the refining facility's pipeline connections enable direct transfer of jet fuel to major airports such as Amsterdam and Frankfurt. Koch Supply & Trading and its affiliates have extensive operations across all aspects of crude oil, petroleum products, and commodity trading as well as capabilities in risk-management and cross-commodity offerings. Koch Supply & Trading affiliates also have significant experience in refining and pipeline operations. Koch Supply & Trading companies have traders in Wichita, Houston, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , London, Mumbai, Moscow and Singapore and move products through hubs, ports and terminals around the world, including the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Singapore and the Middle East. Koch Supply & Trading companies are subsidiaries of Koch Industries Koch Industries, Inc. (pronounced "koke") is a private corporation based in Wichita, Kansas. According to Forbes Magazine, it is the largest privately owned company in the world by revenue (surpassing Cargill in 2005 with the acquisition of Georgia-Pacific), with subsidiaries , Inc., a Wichita, Kansas-based firm that owns a diverse group of companies engaged in trading, investment and operations worldwide. More information is available at www.kochind.com and www.ksandt.com. |
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