ExxonMobil’s Imperial Oil to convert Canada refinery into terminal

19 June 2013 14:10  [Source: ICIS news]

TORONTO (ICIS)--ExxonMobil’s Canadian Imperial Oil affiliate has decided to convert its 88,000 bbl/day refinery at Dartmouth in Canada’s eastern Nova Scotia province into a fuel terminal, it said on Wednesday.

Imperial’s move comes after it failed to find a buyer for the plant over the past year, it said.

The company expects to begin work on the conversion this year, it added.

Imperial Oil CEO Rich Kruger said the failure to attract a buyer illustrates “the challenges of operating a refinery of Dartmouth’s scale in the competitive conditions of the Atlantic Basin market”.

The refinery has about 200 employees and it also employs about 200 contractors.

In addition to Dartmouth, Imperial has two refineries in Ontario and another in Alberta. The company also has petrochemical operations in Sarnia, Ontario.


By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly