Many may have seen the Delek gasoline refinery burning fuel from those high smoke stacks in Tyler Texas when venturing over to the central east part of Tyler near the radio and TV station towers. Last year 4 people were injured in an explosion at the Delek refinery. And for some unknown reason the plant is closing down but wants to reopen as quickly as possible.
Delek is traded on the New York Stock Exchange under the symbol DK. Delek is a leading diversified downstream energy company with operations in three primary business segments: petroleum refining, marketing & supply and retail. The Refining segment operates a 60,000 barrel-per-day high-conversion, moderate complexity refinery in Tyler, Texas. Refining is a very profitable aspect of the oil and gas business so we assume Delek being closed down in Tyler Texas must be hurting their profits until they get back up and running again.
Delek also has a marketing and supply segment that transports and sells refined products on a wholesale basis in west Texas through company-owned and third-party operated terminals. The Retail segment markets gasoline, diesel and other refined products through a network of more than 450 company-operated fuel and convenience stores located in eight states under a number of regional brands, including MAPCO Express®, MAPCO Mart® East Coast®, Discount Food Mart™, Fast Food and Fuel™ and Favorite Markets® brand names.
Delek U.S. Holdings Inc shut down the gasoline-producing fluidic catalytic cracking unit at its 58,000 barrel per day (bpd) Tyler, Texas, refinery on Monday, according to a notice filed with state pollution regulators. Since they rely on this gasoline to supply their various retail gasoline stores we hope they get back up and running so their stores are not without gasoline for their customers.
The shutdown was complete on Tuesday morning, according to the notice filed with the Texas Commission on Environmental Quality. Delek plans to restart the FCC (Fluidic Catalytic Cracking unit) as soon as possible.