The Geelong refinery has a Residue Cayalytic Cracker Unit so able to process cheaper heavy crude. Could be one of several reasons. The RCCU at Geelong also has a Power Recovery unit on its main compressor traon which generates a modest amount of electric power, though less than the refinery uses in total. There is also an adjacent Polypropylene unit turning low value by-product into higher value plastic.
They have a solvents plant which produces xylene for paint, again as a value added, and used to have a lube oil refinery making base oil for lubricants, turned into finished product by blending at a plant in Newport.
Geelong also has a more modern inline blender, rather than a batch blender, which reduces time to make product and is able to optimise the combination of different blend components to produce on-spec high volume products like gasoline in the most cost-efficient way possible.
The Geelong refinery has a Residue Cayalytic Cracker Unit so...
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Last
$38.45 |
Change
-0.320(0.83%) |
Mkt cap ! $9.162B | |||
| Open | High | Low | Value | Volume |
| $38.61 | $38.93 | $38.33 | $28.33M | 735.2K |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$38.53 |
Change
-0.320 ( 0.82 %) |
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| Last updated 15.59pm 26/04/2024 ? | |||||
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