Holly Corp. (HOC) said Wednesday preparations are underway to restart process units at its oil refinery in Tulsa, Okla., after they were idled earlier in the day when the plant's boilers shut down due to the extremely cold weather, the company said.

The boiler shutdown resulted in a loss of steam, which affected the operating units and resulted in the temporary loss of production, the company said in a statement.

Emissions associated with the unit outages were routed to the refinery's safety flare system. There were no injuries because of the event and no damage to the process units; they were all safely idled, the statement said.

"Operations will resume when steam-producing boilers are returned to service. A full investigation will be completed to determine the cause of the incident," the statement added.

The Holly Refining & Marketing Tulsa refinery processes 125,000 barrels of crude oil per day and produces products such as gasoline, lubricants, diesel, wax and coke.

-By Rose Marton-Vitale, Dow Jones Newswires; 201-264-4185;

rose.marton@dowjones.com

 
 
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