Alon: US$30-Million Cost Impact of U.S. EPA Tier-3 Gasoline Scheme

摘要

Alon USA April 8 announced that the new 10 parts-permillion (ppm) gasoline-sulfur limit in the U.S. Environmental Protection Agency (EPA) Tier-3 proposed standards likely would cost the company capital expenditures of less than US$30 million. “The company believes that its Krotz Springs, La., refinery and the Big Spring, Texas, refinery, which is owned and operated by Alon USA Partners, LP, will be required to comply with the proposed Tier-3 fuel standards no later than 2020,” according to announcement.