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Vertex Energy to acquire Shell’s Mobile, Alabama refinery

Houston, Texas-based re-refiner Vertex Energy, Inc. has entered into a definitive agreement to acquire the Mobile, Alabama, U.S.A., refinery from Shell for USD75 million. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. The divestment is part of Shell’s strategy to reduce its global […]

The post Vertex Energy to acquire Shell’s Mobile, Alabama refinery appeared first on F&L Asia.

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