I could be wrong, but I’m pretty sure the company is just moving the equipment from the old Premier refinery which has been closed for years.
That would make sense.
Looks like you are correct.
Gregg County Refinery
http://www.cdegroup.org/site/cpage.asp?cpage_id=180024884&sec_id=180008821
Gregg County Refinery purchased this dormant refinery from the taxing entities in Gregg County in late 2006. As a result of this acquisition there has been significant steps to move forward with business plans and financing to restart and upgrade the current facilities. During the proceeding years after the purchase there were set backs to moving forward with the business plans as a direct result of the tragedy of Hurricane Ike. The main office complex suffered wind damage that cause it to be condemned as well as several of the towers suffered wind damage. This damage and the damages to the Gulf Coast effected the entire business interests of Gregg County Refinery and its associates. The all consuming effort to restart the business interests in the Gulf Coast region has delayed the restart of the Gregg County Refinery. Gregg County Refinery is requesting the financing currently available in the Hurricane Ike Group C Bonds in the amount of $186,327,000 million dollars!
Longview, TX – Gregg County – 601 Premier Road
1 1/2 miles SE of New London, TX – Rusk County – E. Hwy 323
Phase 1 – Initially we will acquire approximately 161 acres S. East of the City of New London TX in a rural area outside of town. Move existing Refinery Equipment from Longview and commission for start up in New London. Existing equipment will be upgraded with new wireless valves, controls and software. Additional pipeline for connectivity will be added for distribution of approximately 3 ½ - 4 miles and will include fiber optics controls, headers and valves. Office spaces, control rooms and Security buildings will be constructed at the new site.
Phase 2 – Remaining Tank Farm and Distribution at Longview facility will be upgraded and operated as both a Material Receiving Center and Product Sales Terminal. All grades of Gasoline, Jet Fuels, Diesels, Propane and Butane will be sold from the existing racks.