Feb 4, 2013 8:06 PM
SOMSERSET, Ky. (AP) - A central Kentucky refinery is back on line after a three-yearlong shutdown and officials expect the facility to operate at full capacity within six months.
Continental Refining Company in Somerset started receiving crude oil about four months ago, but company officials held off on an announcement until Sunday. Owner Demetrios Haseotes told The Commonwealth Journal (http://bit.ly/WJAGxg ) the refinery is operating at about 35 to 40 percent capacity right now.
"Every day we are picking up local crude and adding more," Haseotes said.
Start-up was without unusual problems, he noted.
"There are bumps in every road especially when you have something that has been closed for almost three years," Haseotes said.
Continental Refinery is one of only two refineries in the state. Marathon Petroleum Company operates the other refinery at Catlettsburg.
At full capacity, the refinery in a year can produce 23 million gallons of gasoline, 6 million gallons of kerosene, 21 million gallons of diesel fuel and 30 million gallons of heating oils.
The refinery closed in February 2010 after a series of financial problems.
Continental Refining Company purchased the refinery a little more than a year ago. It has secured a contract with Sonoco Partners Marketing and Terminals.
Information from: Commonwealth Journal, http://www.somerset-kentucky.com
(Copyright 2013 The Associated Press. All rights reserved.)
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