Nov 02: There is a big rush of smaller refineries to move up the ladder in terms of size and complexity before it is too late.
8The viability of small sized refineries is threatened by:
 -- Spiraling prices of Crude oil (leading to vulnerable refinery margins)
 -- Inefficient infrastructure & poor product quality
 -- Lack of enough volumes of feedstock for petrochemical plants
 -- Increased cost related to regulatory & environmental compliance cost
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