Philadeplhia refiner goes bankrupt
WebJul 5, 2024 · Two years after the explosion, Pebbles and other nearby residents said in interviews that relations with the site’s new owner, Hilco Redevelopment Partners, which bought the 1,300-acre property in... WebJan 28, 2024 · Industrial Realty Group, the spurned bidder for the company that shut down after a devastating June fire, has teamed up with former refinery chief executive Philip Rinaldi to try to upstage a bankruptcy court sale to rival Hilco Redevelopment. Hilco’s bid in a recent bankruptcy auction was $25 million less than IRG’s, but Hilco was selected ...
Philadeplhia refiner goes bankrupt
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WebMar 19, 2024 · Follow Summary The U.S. EPA responded to the bankruptcy of refiner Philadelphia Energy Solutions last week with a substantial bailout by reducing its RIN obligation by roughly $175 million.... WebJan 28, 2024 · Now Trump administration would like to see bankrupt Philadelphia refinery kept open A former CEO and labor union leaders are pushing Peter Navarro, president's trade and manufacturing policy adviser, to put the White House's weight behind a bid to keep the refinery operating.
WebJan 23, 2024 · The Philadelphia sale is still contingent on approval by PES’s creditors and U.S. Bankruptcy Court Judge Kevin Gross. A confirmation hearing is scheduled for … WebJun 4, 2024 · Philadelphia Energy Solutions refinery demolition to take four years, new owner Hilco says Climate & Energy Philadelphia Energy Solutions Regional & State News …
WebJul 22, 2024 · NEW YORK/PHILADELPHIA (Reuters) - Philadelphia Energy Solutions filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a... WebJun 19, 2024 · The refiner shut its 335,000 barrel-per-day refinery, the largest and oldest on the East Coast, and filed for Chapter 11 bankruptcy last summer after a fire at one of its fuel processing units badly damaged the plant and leaked toxic chemicals into the air. More than 1,000 workers were laid off, including 640 United Steelworkers members.
WebJan 24, 2024 · The East Coast’s biggest refinery filed for Chapter 11 bankruptcy protection on Sunday, and Philadelphia Energy Solutions puts the blame with the federal government’s biofuels policies.
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