Displaying items by tag: Sold to Canadian Company
Sold Whitegate Oil Refinery to Canadian Company
#WhitegateSold - Cork Harbour, the location of the Whitegate oil refinery has been sold to Canadian company Irving Oil, writes the Irish Examiner.
The country’s sole refinery will remain operational and all staff will continue to be employed, according to its new owners.
The sale of the refinery comes after a protracted sales process and the expiration of an obligation on the facility’s previous owner Phillips 66 to operate the refinery until the end of July 2016.
“We are pleased to have signed an agreement to purchase the Whitegate refinery,” says Arthur Irving, Chairman of Irving Oil.