ST. LOUIS, Sept. 27 /PRNewswire/ -- Premcor Inc. announced today that it
has filed a registration statement with the U.S. Securities and Exchange
Commission in connection with a proposed initial public offering of a new
issue of its common stock.
Morgan Stanley & Co. Incorporated will be the sole book-running managing
underwriter of the offering.
Premcor Inc., through its principal operating subsidiaries, The Premcor
Refining Group Inc. and The Port Arthur Coker Company, L.P., is one of the
largest independent petroleum refiners and marketers of unbranded
transportation fuels, heating oil, petrochemical feedstocks, petroleum coke
and other petroleum products in the United States. The company has an
aggregate 490,000 barrels per day (bpd) of crude distillation capacity at its
three refineries located in Port Arthur, Texas (250,000 bpd), Lima, Ohio
(170,000 bpd) and Hartford, Illinois (70,000 bpd).
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
When available, a copy of the preliminary prospectus relating to the
offering may be obtained from Morgan Stanley & Co. Incorporated, attention:
Prospectus Department, 1585 Broadway, New York, NY 10036, 212-761-8570.
SOURCE Premcor Inc.
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Related links:
http://www.premcorinc.com
CONTACT:
Karen Davis, +1-314-854-1424, ir@premcor.com
, or Jim Joyce, +1-314-854-1511, jim.joyce@premcor.com , both of
Premcor Inc.
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