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NEW YORK Jan 8 Valero Energy Corp (VLO.N) said
on Thursday that a 100,000 barrel-per-day fluid catalytic
cracker at its refinery in St. Charles, Louisiana, had reached
planned rates after its restart this week.
"It's at planned rates," Bill Day, a spokesman for the
largest U.S. refiner, said in an email, without specifying what
the planned rates were.
The gasoline-making unit at St. Charles was shut in
mid-December for repairs and was restarted early Tuesday.
A small 20,000 bpd FCC at the Valero refinery east plant in
Corpus Christi, Texas, remained down due to economic reasons,
Day said. The unit was brought down early last month.
Last week, he said FCC units at seven other Valero
refineries continued to run at lower rates due to weak profit
margins from producing motor fuel.
"We haven't provided an update on FCC run rates and
probably won't until our earnings conference call at the end of
the month," Day added in his email on Thursday.
Gasoline margins have recovered from deep declines, with
the February RBOB gasoline crack spread RB-CL1=R at about $4
on Thursday afternoon.
(Reporting by Haitham Haddadin; Editing by Walter Bagley)