Refining Sample Clauses

Refining. Products and applications involving the distillation and/or refining of inorganic and/or organic liquids and gases with the purpose of preferentially separating and/or removing targeted constituents.
Refining. Major MaintenanceMajor maintenance expenditure during the year of $36.2M relates primarily to activity on the Refinery’s Hydrofluoric Acid AlkylationHFAplant which was deferred from 2020 and on the Bitumen Manufacturing plant.Gas Terminal ProjectExpenditure of $13.6M was incurred during the period advancing the Gas Terminal Project towards a final investment decision. It is anticipated that the FID will be made by the third quarter of 2022.Other refining capital expenditureOther refinery capital expenditure of $53.1M relates to on-going asset integrity and tank maintenance activity together with a range of projects including the replacement of equipment associated with the HFA major maintenance event and continued work on the refinery’s control systems. Work also commenced on the low sulphur gasoline project and on the building of additional storage ahead of the Minimum Stockholding Obligations coming into effect from mid-2022.3. Right-of-use assetsThe right-of-use assets balance at year-end was $2,184.8M, a decrease of $136.7M from the prior comparative period. Impacting this balance during the year were lease extensions, new leases and the impact of lease payment escalations totalling $84.9M (net of the impact of terminations). Depreciation charges of $221.6M were recognised during the year.4. Intangible assetsIntangible assets decreased by $25.2M during the year primarily due to amortisation charges of $32.7M offset in part by the recognition of Goodwill ($5.3M) in relation to small business acquisitions during the year. Also contributing to the year-on-year movement is the capitalisation of software projects ($2.2M).5. Investment in AssociatesThis balance relates to the Group’s 50% ownership of Liberty Convenience.6. Net debtNet debt relates to Viva Energy’s Revolving Credit Facility (RCF) which is used as a working capital facility to fund fluctuations in working capital, net of cash at bank. Viva Energy does not hold any long term structural debt. Net debt decreased by $9.0M during the year.7. Lease liabilityThe lease liability balance at year-end was $2,480.5M, a decrease of $53.8M from the prior comparative period, with lease extensions, new leases and lease escalations of $83.9M more than offset by payments of lease principal totalling $137.7M made during the year.8. Long term provisions, other assets and liabilitiesThe decrease in the net liability of $44.9M during the year primarily represents a decrease in net derivative liabilities ($17.6M...
Refining. We own and operate three refineries with total throughput capacity of over 200 Mbpd. Our refinery in Kapolei, Hawaii, produces ultra-low sulfur diesel (“ULSD”), gasoline, jet fuel, marine fuel, low sulfur fuel oil (“LSFO”), and other associated refined products primarily for consumption in Hawaii. Our refinery in Newcastle, Wyoming, produces gasoline, ULSD, jet fuel, and other associated refined products that are primarily marketed in Wyoming and South Dakota. Our refinery in Tacoma, Washington, produces distillate, gasoline, asphalt, and other associated refined products that are primarily marketed in the Pacific Northwest.
Refining. USD$1.00 per troy ounce of contained gold
Refining and filtering process
Refining. Key Financials 2000 not dated 1 English
Refining. Until now, efforts have been made in conjunction with RING* to promote a high level of integration at the Mizushima Kombinat. To further increase the level and effects of such integration, the companies will concretely consider how to undertake the integrated operation of their adjacent facilities in that kombinat. In addition, without restricting the focus to the Mizushima region, the companies will concretely consider various types of cooperation measures that rationalize and boost the efficiency of their refining operations-related to the cooperative use of oil storage tanks and crude oil tanker vessels, the integration and cooperative use of manufacturing and shipping (including those for exports) facilities, the cooperative construction of new manufacturing facilities, the exchange of manufacturing technology information, and other items-and appropriately move to implement such measures. * RING refers to the Research Association of Refinery Integration for Group Operation, a research association authorized by the Minister of Economy, Trade and Industry.
Refining. Barrancabermeja Refinery: Refinery runs*Mbod 2Q 2011 2Q 2010 % 1H 2011 1H 2010 %Barrancabermeja230.1215.9 6.6%229.8216.95.9%* Includes volumes used in the refinery, not total volumes received. Through-put at the refinery increased 5.9% in the first half of 2011 compared to the same period of the previous year, and the utilization factor increased from 77% to 82.7%, mainly because of the availability of the hydrotreatment plant and the higher load for cracking. When comparing the second quarter of 2011 to the same period of the previous year, there was a 6.6% rise in load and a rise in the use factor from 73.5% to 82.7%. As of June 30, 2011, the optimization of the removal of heavy fuel-oil had been achieved, as well as the commencement of a reliable supply of paraffinic lubricant bases and waxes at the refinery. 17 Phase 3 of the Modernization Project of the Barrancabermeja Refinery (PMRB), with a total investment of US$3,386 million, was approved by the Board of Directors of Ecopetrol in the second quarter of 2011. The project is expected to raise the conversion factor to 95%, (2016) which we believe will make it possible to obtain more valuable products, such as gasoline and diesel, as well as loading heavy crudes, whose production has been growing in Colombia in recent years. With regard to progress of the project, as of June 30, 2011, the basic extended engineering had been completed, the permit for forest use and the territorial ordinance plan (Plan de Ordenamiento Territorial) - POT 2010 for Municipal Planning had been secured from the Autonomous Corporation of Santander (Corporación Autónoma de Santander- CAS). The master plan for industrial services had achieved progress of 37% by the close of the quarter, with 91% progress for the air system and 75% progress for the water system. Costs and margins for the Barrancabermeja Refinery: The cash cost per refined barrel for the Barrancabermeja Refinery during the period January – June of 2011 was US$/5.28 BL, which when compared to the same period of 2010, US$5.49 /BL, decreased -US$0.21 /BL as a net result of: • US$0.30 /BL in higher costs due to revaluation of the Colombian peso against the U.S. dollar.• -US$0.31 /BL in lower costs due to increased through-put.• -US$0.20 /BL in lower costs due to in-house generation of energy, water and steam services, lower costs for processing materials and lower indirect operating costs. The gross margin of the Barrancabermeja Refinery (average sales price minus ave...