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Caribbean oil refinery seeks bankruptcy as lenders refuse to inject more cash


Publishing date: Jul 12, 2021  •  1 hour ago  •  3 minute read  • 
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The owners of Limetree Bay, a Caribbean oil refinery dogged by cost overruns and regulatory troubles, filed for bankruptcy on Monday after lenders balked at putting new cash into the project.
The Environmental Protection Agency in May ordered the St. Croix, U.S. Virgin Islands, plant, to shut temporarily following a series of fires and noxious gas releases. Those incidents contaminated local drinking water, shut a school and led residents to complain of breathing problems and foul odors.
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PR News | Sard Verbinnen Works Limetree's Bankruptcy

PR News | Sard Verbinnen Works Limetree's Bankruptcy
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