Document 10b07p2wb0zMBM4wpQ4VjDxGo
Corpus Christi officials and business of a $5-million, 45,000-square-foot admin-- eteria at the Koch refinery on Suntidr
leaders attended last week's dedication istrative office, computer center and caf- Road.., . .
- - ------
Koch wants to
Refinery's growth over decade has included 500 new jobs
, By Grady Phelps
BUSINESS WHrTER
: Koch Refining Co., which has invested f $800 million at its Corpus Christi refinery
in the past decade while adding 500 new jobs, still has lots of room and hopefully
opportunities for
j more
industrial
j growth.
W.W. Hanna, presi dent and chief execu
tive officer of Koch Industries Inc., the Kansas-based con
glomerate parent company, said Koch is utilizing only about
40 percent of its Hanna ; nearly 2,000 acres | here.
"We have ample room for future expan sion," Hanna said in an interview. "We foresee the downstream need to add more and more projects."
dedicate a new $5-million, 45,000-
square-foot administrative office, com-,
puter center and cafeteria at the Koch re
finery. on Suntide Road, said the com
pany currently has $350 million worth of expansion under construction in several
separate projects.
Current projects, due for completion in
late 1993,-will generate a peak construc
tion work force of .700 people by late
1992;;
These include a $ 150-million crude unit
that will boost the refinery's crude pro
cessing capacity from its existing 160,000
barrels a day to 250,000 barrels daily, or
the largest production capability among
Corpus Christi's five petroleum refiner
ies. V ? ..
VAf
Other work includes a $ 103-million
paraxylene expansion, a $43-million
wastewater treatment facility, a new die sel fuel hydrotreater to meet new environ*,
mental regulations and improvements its pipeline system and Ingleside cr
Koch is rapidly building itself intc Nueces County's largest industrial manu facturer and taxpayer..
"The neiw crude unit will provide u: with the increased reliability and feed stocks needed to meet current require ments as well as open opportunities foi future growth to meet the need of our fu els and petrochemical customers," Hanrn said.
As Koch's local projects expand, so[wil its permanent staff employment force, al though future personnel projection^ arc too difficult to make at this time, Hanrn said.
When/Koch acquired its local plant and i from Sun Oil Co. for $265 mil-
lion/in 1981 - it had a process limit ol 60(000 barrels a day.
Less than a year after it purchased Sun's property, Koch bought the 30,000-barrel-a-day Gulf States Oil and Refining plant on 81 acres adjoining it. In 1983,
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