Tag: Freepoint Commodities

ArcLight Capital Partners Plans on Making Big Money With St. Croix Refinery

CHRISTIANSTED — Owners of an idled oil refinery in St. Croix, that was once among the world’s largest, plan to invest $1.4 billion to refurbish and restart a portion of the plant, they said. ArcLight Capital Partners, a private equity firm expects the former HOVENSA refinery on St. Croix to be able to process 200,000 […]

St. Croix Waits With Bated Breath For Announcement Limetree Bay Will Expand Operations Here

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHRISTIANSTED — In coordination with the U.S. Coast Guard and local officials, Limetree Bay Terminals said it had resumed commercial operations about two weeks after the passing of Hurricane Maria. Truck rack loading operations serving local and area fuel suppliers resumed within 24 hours of the hurricane, and vessels commenced shore tank […]

Sinopec Plans Expansion of Limetree Bay Terminals In St. Croix As Part of President Trump’s Major Trade Deal With China

[ad name=”HTML-68″] CHRISTIANSTED — In his bi-nightly radio address (the last for two weeks) last night, Gov. Kenneth Mapp seemed to take great pleasure in announcing that the local media had missed a major news story involving President Donald Trump, China and the Limetree Bay Terminals in St. Croix. Mapp cited a Bloomberg Politics report […]