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News / Business / Business Briefs

Tesoro plans $400 million investment in Anacortes

The Columbian
Published: July 23, 2014, 12:00am

MOUNT VERNON — Tesoro Corp. on Monday announced plans to invest about $400 million to extract up to 15,000 barrels per day of xylene at its Anacortes refinery.

Startup of the new facility is expected to be in 2017, subject to permitting and the approval process. A final investment decision is expected by the end of 2014.

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