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Released May 05, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--HollyFrontier Corporation (NYSE:HFC) (Dallas, Texas) has agreed to purchase Royal Dutch Shell Plc's (NYSE:RDS.A) (The Hague, Netherlands) 145,000-barrel-per-day Puget Sound refinery in Washington state, for $350 million.
This will be the first refinery on the West Coast for HollyFrontier, with the deal expected to close in fourth-quarter 2021. If you are a subscriber to Industrial Info's Petroleum Refining database, click here for the Puget Sound refinery plant report.
HollyFrontier currently owns and operates four refineries, located in the Mid-Continental and Rocky Mountain regions.
Industrial Info is tracking over $1 billion in active capital spending project activity by HollyFrontier. If you are a subscriber to Industrial Info's Petroleum Refining database, click here for a list of related projects.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
This will be the first refinery on the West Coast for HollyFrontier, with the deal expected to close in fourth-quarter 2021. If you are a subscriber to Industrial Info's Petroleum Refining database, click here for the Puget Sound refinery plant report.
HollyFrontier currently owns and operates four refineries, located in the Mid-Continental and Rocky Mountain regions.
Industrial Info is tracking over $1 billion in active capital spending project activity by HollyFrontier. If you are a subscriber to Industrial Info's Petroleum Refining database, click here for a list of related projects.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
