Chemical Week Magazine :: Basic Chemicals & Plastics
Talks End for Sale of Shell Refinery
8:51 AM MDT | August 6, 2010 | LINDSEY BEWLEY
Royal Dutch Shell says it will go ahead with previously announced plans to close its 130,000-bpd refinery at Montreal East and convert the site to a fuel terminal that will receive gasoline, diesel and aviation fuels. The site also has the capacity to produce about 55,000 m.t./year of propylene. The move comes after negotiations with a potential buyer fell through, Shell says (CW, June 14, p. 8). Shell last January said the refinery no longer fits the companyâ€™s long-term strategy and that it would put the refinery up for auction. The company was in talks with...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee