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The Dow Chemical Company Message Board

rhawrela 3 posts  |  Last Activity: Jan 9, 2015 12:00 PM Member since: Apr 15, 1999
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  • rhawrela rhawrela Jan 9, 2015 12:00 PM Flag

    thoughs??? = those

  • rhawrela rhawrela Jan 9, 2015 12:00 PM Flag

    thoughs??? = those

  • Reply to

    I deliver to Dow all the time

    by stckmrktkid Dec 15, 2014 10:36 AM
    rhawrela rhawrela Jan 7, 2015 3:04 PM Flag

    fstout57 - You state "The have a couple of plants in south tx solely dedicated to oil field runs.. Plus they have an abundance of oil on reserve for future products."

    Only plant in Texas that ever took crude oil as a direct feedstock was the Copp Refinery in Oyster Creek in the 80s. And it was a refinery that lasted exactly one month before shutting down for good. You could have bought the Copp for 1$, if you assumed the $600mm debt.

    Only value to Dow in crude oil is the naphtha portion as feedstock for an ethylene plant. I'm sure they could sell the gasoline portions, L1, L2 and jet fuel, and some propane light ends. Also, naphtha components are all over the map depending on the crude, i.e. if it is sweet crude or sour crude. For example, Copp was designed with sweet crude and the naphtha had a particular distillation train design. When this sweet crude did not materialize due to a fiasco generated by Dow's poor dealings with the Saudis, they found only sour crude from Mexico. This naphtha was a heavy ender and the finishing train in Copp could only handle 50,000 bbls/day of sour crude. Copp was designed for 200,000 bbls/day of sweet crude. In other words, you only design an ethylene plant based on naphtha if you have a fixed oil field and you sign a long term contract for the oil/naphtha.

    I know this because I helped out a bit on the Copps design and also worked on the Saudi fiasco as a grunt.

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