Small refineries trying to grow big-I: Big rush ahead
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 Click on Reports for more