Home Actualité internationale World News – CA – Shell announces plans to shut down Convent refinery this month
Actualité internationale

World News – CA – Shell announces plans to shut down Convent refinery this month

CONVENT - Shell has announced plans to close its Convent refinery in the coming weeks after failing to find a buyer for the facility

CONVENT – Shell has announced that it plans to close its Convent refinery in the coming weeks after failing to find a buyer for the facility

According to a company statement on Thursday, the site will begin the shutdown process in mid-November Shell has been looking for a buyer at the site since July, but has not been successful

Shell said the decision to shut down the refinery was « part of the company’s global strategy to invest in a set of uniquely integrated manufacturing sites that are also strategically positioned for the transition to a sober future. carbon »

Shell has announced the closure of its Convent refinery in Louisiana This move is part of the company’s global strategy to invest in a set of uniquely integrated manufacturing sites that are also strategically positioned for the transition to the future low carbon The shutdown process will begin mid-November In July 2020, we informed staff that the Shell Convent refinery is on the market Despite efforts to sell the asset, a viable buyer has never been identified After reviewing all aspects of our activity, including financial performance, we have made the difficult decision to shut down the site Shell will ensure a safe and responsible refinery shutdown with a focus on those most directly affected This includes supporting Convent employees in this process. difficult time helping them apply for other opportunities within the company, or in the transition to a future outside Shell Shell will open a selective voluntary departure program at its Geismar and Norco facilities, subject to negotiations for union-represented employees, to potentially create additional roles where Convent employees can be placed. We will maintain a significant presence in Louisiana through to our integrated refining and chemicals sites in Norco and Geismar, our mid-level infrastructure assets, our branded retail presence, our operations in the Gulf of Mexico and our offices in New Orleans After the shutdown process completed, we will continue to market the Convent refinery for the divestiture Recent History Shell announced in September that its chemistry and manufacturing activities will integrate to create an end-to-end organization for chemicals and products This new organization will be reflected in six energy and chemical parks that will allow us to implements the strategy of growing our Chemicals business and adapting our refining footprint to provide customers with the low carbon products they want A key benefit of these key sites will also come from deeper integration with Shell’s business hubs and producing more chemicals and other resilient products in a low-carbon future.SitesShell’s remaining refinery sites include; Rheinland (Germany), Pernis (NL), Palau Bukom (Sinapore), Scotford (Canada), Norco (United States) and Deer Park (United States) Currently we operate 11 refineries (excluding the conversion of Tabangao Philippines terminal) and hold interests in 3 others (a total of 14)? Less than 5 refineries that have been / are marketed; Frederica (Denmark), Puget Sound (United States), Mobile (United States), Convent (United States), Sarnia (Canada)? Less 3 non-operating JV refineries; SAPREF (South African Petroleum Refineries PTY LTD) (Durban South Africa), Miro (Germany) and PCK (Schwedt, Germany)

Royal Dutch Shell, Convent, Louisiana, refinery

News from around the world – CA – Shell announces intention to close Convent refinery this month
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SOURCE: https://www.w24news.com

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