Co-op Refinery Complex (Regina) | oil refinery

Canada / Saskatchewan / Regina
 oil refinery  Add category
Consumers' Co-operative Refineries Limited (CCRL), is a wholly-owned subsidiary of Federated Co-operatives Limited (FCL) and owns and operates the Refinery and Upgrader facilities.

CCRL, the world's first co-operatively owned refinery, was incorporated on April 1, 1934, with the mission of supplying local co-operative associations with quality petroleum products. On May 27, 1935, production of 500 barrels of crude oil per day began.

Since those early days, CCRL has experienced immense growth in its facilities, as well as in the distribution and sales of its petroleum products through the Co-operative Retailing System (CRS -- the Co-Op brand gas stations). CCRL celebrated its 70th year of operations in 2005. Current crude processing rates are typically 100,000 barrels per day.

CCRL also operates the NewGrade Energy Inc. Upgrader, which transforms heavy crude from the Lloydminster area into light synthetic crude, a more easily refined product, for use at the refinery. Its capacity is 55,000 barrels a day.

In January 2008 FCL announced it will be spending $1.9 billion over the next 4 years to expand the refinery to 130,000 barrels of oil a day.

www.ccrl-fcl.ca/index.htm
Nearby cities:
Coordinates:   50°29'21"N   104°34'20"W

Comments

  • poly is wrong, you've included other buisnesses
This article was last modified 13 years ago