Question 83: What are your recommended practices and categories for benchmarking FCC units? Include as appropriate, process performance, reliability, capital efficiency and operations.
Valero participates in the Solomon survey that benchmarks the refinery process units for energy and reliability. Independent to that commercial survey, we have benchmarked our FCC’s on a yield basis using a constant pricing model, accounting for the feed quality differences. The results of the yield benchmarking are used to identify underperforming assets for potential capital improvements.