Showing posts with label Irving. Show all posts
Showing posts with label Irving. Show all posts

24 July 2009

Irving shelves second refinery

Irving oil has cancelled plans for a $7.0 billion refinery in Saint John New Brunswick, adjacent to its existing refinery and natural gas facility.

The company cited the recession and forecasts of weak demand.

The proposal would have doubled the size of Irving’s existing 300,000 barrel per day refinery in the southern New Brunswick city.

-srbp-