Is Cala Refinaries really a refinary share ? Hearing for the first time. Any prospects in investing for 2 years ?
Posted by: maky1234 on ( 13-Feb-09 03:17 )
Spice Energy a start-up backed by Indian businessman Sanjay Malhotra agreed to buy the 90,000-barrel-per-day refinery from Germany`s Lohrmann International, a specialist in second-hand industrial plants, in the second half of last year.
Located in Ingolstadt on the river Danube, the refinery is one of the three linked plants which make up Bayernoil, a joint venture between Austria`s OMV, BP, Italy`s Eni and PDVSA from Venezuela.
After the plant shuts down in June, Lohrmann will begin to take it apart piece by piece, packing it into 3,000 containers. ...more