02 June 2010 19:14 [Source: ICIS news]
TORONTO (ICIS news)--Shell is in advanced talks with two potential buyers for its 130,000 bbl/day refinery in Montreal, Quebec’s provincial economic development minister Clement Gignac told regional television in webcast remarks on Wednesday.
Industry sources told ICIS news that the refinery would stop base oil and wax production in June.
Gignac said that neither buyer seemed to have put forward an offer Shell could accept, he said. He did not identify the potential buyers. The ?xml:namespace>
Shell media officials declined comment. A law firm charged with finding buyers for the refinery also declined comment, citing client confidentiality.
A spokeswoman for a group of Shell Montreal refinery workers said she was waiting for further announcements from Shell or the ministry and would not comment at this time.
In March 2009, Shell’s Canadian affiliate PTT Poly
In 2008, Shell cancelled plans for a possible grassroots refinery at
Shell had said it was also reviewing downstream operations in
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