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Investors Balk As Bankrupt St. Croix Refinery Seeks $1 Billion To Be Viable

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CHRISTIANSTED — The Limetree Bay refinery, which landed in U.S. bankruptcy court on Monday, needs at least $1 billion to finish a massive overhaul to continue as a viable operation, according to bankers, lawyers and restructuring specialists involved in the case, stacking the odds against the St. Croix facility resuming

Source: https://vifreepress.com

Business Facts

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