Alon USA Partners Provides Operational Update

June 3, 2016 6:37 PM EDT

DALLAS, Texas, June 3, 2016 /PRNewswire/ -- Alon USA Partners, LP (NYSE: ALDW) ("Alon Partners") today announced that the Big Spring refinery experienced an unplanned shutdown on May 30, 2016 due to a power outage caused by inclement weather. The power outage affected multiple units, which we are working to safely return to service. We now expect total throughput at the Big Spring refinery to average approximately 70,000 barrels per day for the second quarter of 2016.

Despite the power outage, we still expect to generate sufficient cash to support a distribution for the second quarter.

Alon USA Partners, LP is a Delaware limited partnership formed in August 2012 by Alon USA Energy, Inc. ("Alon Energy") (NYSE: ALJ). Alon Partners owns and operates a crude oil refinery in Big Spring, Texas, with a crude oil throughput capacity of 73,000 barrels per day. Alon Partners refines crude oil into finished products, which are marketed primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to both Alon Energy's retail convenience stores and other third-party distributors.

 Contacts:

Stacey Morris

Investor Relations Manager

Alon USA Partners GP, LLC

972-367-3808

Investors:  Jack Lascar

Dennard Lascar Associates, LLC

713-529-6600

Media:  Blake Lewis

Lewis Public Relations

214-635-3020

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alon-usa-partners-provides-operational-update-300279668.html

SOURCE Alon USA Partners, LP



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Crude Oil