From www.chok.ca CHOK Radio
BP Investment
Multi-million dollar upgrades are planned for a Chemical Valley processing plant. A Calgary based company has increased its stake in BP Canada’s Sarnia facility. In a 14.8 million dollar deal. Provident Energy Trust has purchased an additional 6.15 percent of the plant, bringing it’s total ownership of the gas fractionator to 16.5 percent. Company Spokesman Dallas McConnell says plans for the Michigan depropanizer plant have been deferred. McConnell says operations at Sarnia’s BP site will continue as normal.. but the plant will receive about 4 million dollars in improvements next year to accommodate an additional 74 hundred barrels per day of propane capacity.
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