(EnergyAsia, March 4) — Caltex Australia plans to invest A$500 million upgrading its refineries over the next three years to boost transport fuels production by 20%, the Herald Sun reported. Managing director Dave Reeves said the move would add more than A$150 million to earnings before interest and tax to almost A$850 million. (US$1=A$1.26). …
AUSTRALIA: Caltex to invest A$500 million upgrading its refineries
Posted on March 4, 2005 by EnergyAsia