- News Home
- > Business News
- > Shell scraps plans for...
Shell scraps plans for new Canadian refinery
CALGARY, Alberta (Reuters) - Royal Dutch Shell Plc said on Tuesday it has canceled plans to build a new refinery near Sarnia, Ontario, blaming market conditions and inflationary pressures.
Shell had been studying the feasibility of a new plant in St. Clair Township since 2006. The refinery was to have produced 150,000 to 200,000 barrels a day.
(Reporting by Jeffrey Jones; editing by Rob Wilson)
LIKE IT? LET OTHERS KNOW
IN THE NEWS
advertisements
Copyright © 2008 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.