11 Nov 2014 | 02:50 UTC — Houston

SUBSCRIBER NOTE: Platts corrects specification for US vacuum gasoil

SUBSCRIBER NOTE: Platts corrects specification for US vacuum gasoil

Platts specifications for vacuum gasoil in the US Gulf Coast, US Atlantic Coast and US West Coast markets mistakenly referred to a minimum sulfur content of 2%. This has now been corrected to a maximum sulfur content of 2%, as follows:

Platts assesses the value of three grades, reflecting (1) a maximum sulfur content of 0.5%; (2) a maximum sulfur content of 1%; and (3) a maximum sulfur content of 2%.

In all cases, the aniline point is a minimum 180 degrees Fahrenheit.

The aniline point signifies the temperature at which aniline and oil are equally mixable, and the relatively higher temperature signifies VGO that has a relatively lower aromatics content than VGO with an aniline point of minimum 160 degrees F. Platts US VGO assessments reflect material with a conradson carbon residue of maximum 0.7%.