Petroleum Refining
Conserve Oil Corporation Plans Three New Refineries in Canada
The construction time to build each location is expected to take sixteen to eighteen months. The locations will utilize Process Dynamics IsoTherming technology...
Released Monday, October 09, 2006
Researched by Industrial Info Resources (Sugar Land, Texas). Conserve Oil Corporation is planning to construct three crude oil re-refineries located near Edmonton, Alberta; Wallace, Manitoba and Vancouver, British Columbia. The re-refinery located in Alberta will process 2,000 barrels per day and expects to get the go-ahead in October 2006. The Manitoba location will process 5,000 barrels per day and is not expected to get approval until early 2007. The Vancouver site is expected to receive approval sometime in late 2007.
Conserve Oil Corporation is a specialized oil refinery and was incorporated in April 2005. Currently in Canada, 74 million liters of used oil is recovered. The environmentally friendly company will provide a way of optimizing waste oil into value added products. In the future, Conserve will eventually process heavier feedstocks, such as bitumen, tank sludge, and heavy sour crude oil.
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Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.
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