Governments eye new oil refinery for Western Australia
A proposed new refinery could add petroleum refining capacity in Western Australia.
Source →The trace
How it reaches your house.
Starting from Alcoa Corporation, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Hengyi Petrochemical →Shortage riskIf Hengyi Petrochemical's production is halted, its PSF supply falls; the edge indicates PSF is not sole-sourced and can be substituted, so the shortage is real but buffered.
76% confidenceBP plc →supply upWestern Australia
bp's Kwinana site is explicitly tied to fuel supply for Western Australia, and a new refinery would add local refining capacity, increasing refined-product availability in the region.
“bp Australia today announced that it will cease fuel production at its Kwinana Refinery and convert it to an import terminal, helping to ensure ongoing security of fuel supply for Western Australia”
66% confidenceCited →Suncor Energy →Prices riseA proposed WA refinery would still need imported crude oil, so added refining capacity could lift demand and prices for crude oil feedstock.
41% confidenceHop 2
Crude Oil Feedstock →supply upAdded refining capacity can convert more crude oil feedstock into gasoline and diesel, making them more available.
92% confidenceCrude Oil Feedstock →supply upMore refining capacity should also raise home heating oil output from the same crude oil feedstock input.
90% confidenceCrude Oil Feedstock →Stands to benefitIf the new refinery needs more crude feedstock, a major supplying country like the United States should benefit from higher demand on this edge.
Hop 3
Gasoline and diesel →Prices easeA halt in gasoline and diesel output cuts crude runs, reducing demand for feedstock and putting downward pressure on its price.
91% confidenceGasoline and diesel →Prices easeLess gasoline and diesel production reduces hydrogen use in hydrotreating and related refinery units.
84% confidenceGasoline and diesel →Prices easeFluid Catalytic Cracking (FCC) Catalysts
Less refinery throughput means fewer FCC catalyst charges, easing demand for this critical input.
Hop 4
Amine Desulfurization Chemicals →Prices easeBelgium supplies 50.2% of this input, so a demand hit from weaker refinery output would most strongly pressure Belgian-linked supply pricing.
84% confidenceAmine Desulfurization Chemicals →Prices easeWith a 45% supply share, U.S.-linked producers of this input would also face softer demand and downward price pressure.
82% confidenceHydrogen (refinery-grade) →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil
Companies you may own
APDLINW.R. Grace & Co.600111.SSAir Liquide S.A.BAS.DEBASHUNDOWChina Minmetals Rare Earth Co.ALBSinopec Catalyst Company (SCC)KMITOPSOE.COShenghe Resources Holding Co., Ltd.WMBShell Catalysts & TechnologiesAxens (IFP Energies nouvelles)TRP
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