Commonwealth Journal

Local News

October 8, 2013

Refinery announces $2.2 million expansion

Plant will produce propane and butane

(Continued)

Somerset —

“In the past these natural byproducts were literally burned away. With the new gas plant we will capture propane and butane, reducing emissions and yielding high-value gas products. Bottom line, this is a big step forward,” Haseotes continued. “We also want to thank the city of Somerset for continuing to work with us,” he added.
Kristopher Gibson, CRC manager, assures the refinery is ready for the challenge.
“With 43 employees at Continental Refining Company, we have an outstanding local team with serious talent to make the gas plant expansion and new LPG product offerings a success. As part of our commitment to community and skill building in Somerset, Continental Refining Company will be training team members to operate the new systems while we continue to improve refinery operations. Thanks to everyone’s hard work and community support we are building a bright future for this refinery,” Gibson said.
Continental Refining Company, designated U.S. Refinery No. 5113, is a wholly owned crude oil refinery located on 93 acres off Monticello Street in south Somerset. It has 15 modern tanker trailers for regional transportation. 
The former Somerset Refinery, purchased by Continental Refining in December 2011, supports local crude oil producers with a dramatic decrease in transportation costs along with favorable crude rates and rapid payment cycles, the company said. The refinery at this point has added 43 jobs in Somerset with an estimated 200 indirect jobs to be created in the region. 
Continental Refining Company is one of two crude oil refineries in Kentucky and one of only 150 refineries in the United States. It is the closest refinery for crude oil producers within a 170-miles radius.
Refining operations began in January, processing crude oil supplied by Sunoco Partners Marketing & Terminal LP as well as regional producers. Now operating at 65 percent capacity, the plant, at full production, can refine 5,500 barrels a day.

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