BP PLC (NYSE: BP), a United Kingdom-based oil and gas company, has started the process of restarting
resid hydrotreater unit train 400 at its oil refinery in Texas City, according to filing to Texas state environmental regulators.
Once the refinery removes the naturally occurring fuels from the crude oil, the vacuum
resid goes through the VRSH process, which breaks down those typically too-large and unused molecules to make the various transportation fuels.
As discussed previously, we include
RESID as an additional regressor in the estimation of both parts of the modified two-part utilization model to correct for unobservable confounding in the second and third stages of the estimation.
International Resource News-13 April 2010-BP to restart Texas City refinery Monday,
resid maintenance ongoing(C)2010 ENPublishing - http://www.enpublishing.co.uk
Resid has some complications in its use because it is hard to transport and causes more environmental problems when burned, but its lesser price keeps it in demand, especially for large power producers.