Page 65 - FINAL Phillips 66 50 Year Book
P. 65

In straight cash terms, Conoco’s spend on this project represented a
                                                                        small fraction of the huge investments they made. Capital replacement,
                                                                        environmental projects and new equipment spends ran at an average of
                                                                        $50 million each year. More than $70 million was spent in 1994 alone,
                                                                        such as a new Sulphur Recovery Unit and a closed Coker Blowdown
                                                                        system to cut Hydrocarbon emissions. Running a profitable refinery
                                                                        is almost a never-ending process; it has, and always will, continue to
                                                                        invest.


                                                                        Conoco’s philosophy of flexibility and technical evolution firmly
                                                                        established the Humber Refinery as a world leader. Having invested
                                                                        more than £500 million to date in an almost continuous modernisation
                                                                        programme, the company paid credit to a workforce ever ready to meet
                                                                        change head-on. With a constant eye on new horizons, the refinery
                                                                        stayed ahead of the competition. In July 1994, a record rate of 204,000
                                                                        barrels a day was set – an increase of 300 per cent on its original
                                                                        capacity.

                                                                        Former general manager Duane Skogen was not wrong when he
                                                                        described the refinery as being like a butcher’s shop, making use of
                                                                        everything until there is ‘nothing left but the squeal in the pig.’
            Above: No.2 Sulphur Degassing Plant.
                                                                        By now it was producing a huge range of products; even an ozone-
                                                                        friendly  aerosol propellant, marketed by Conoco’s parent company,
                                                                        DuPont. But its petroleum coke production continued to make it
                                                                        unique. Conventional European refineries normally sold the heavier
                                                                        components of crude oil as heavy fuel oil; Humber Refinery converted
                                                                        it into high value coke, making it one of the world’s largest producer of
                                                                        premium coke.
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