Chevron Expands Pasadena Refinery Capacity, Boosting Gulf Coast Supply
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Chevron has expanded its Pasadena refinery, increasing its processing capacity by 15%. This expansion enhances product flexibility and boosts domestic supply, particularly in the Gulf Coast region.
December 11, 2024 | 1:45 pm
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Chevron has increased the processing capacity of its Pasadena refinery by 15%, which is expected to enhance product flexibility and boost domestic supply, particularly in the Gulf Coast region.
The expansion of Chevron's Pasadena refinery by 15% is likely to have a positive impact on the company's stock price in the short term. This increase in capacity enhances product flexibility and boosts domestic supply, which can lead to increased revenues and improved market position in the Gulf Coast region.
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