SOURCE: Industrial Info Resources

Industrial Info Resources

September 26, 2013 06:15 ET

Grassroot Refinery Buildout Under Way in North Dakota, an Industrial Info News Alert

BISMARCK, ND--(Marketwired - Sep 26, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- North Dakota is having a genuine grassroot refinery boom. Two small refineries in this state broke ground earlier this year, a third is working to secure financing, and a fourth is rumored to be in the works. Given that the last grassroot refinery to be built in the U.S. broke ground when Jimmy Carter was president, this burst of project activity is a welcome and exciting development for the U.S. Petroleum Refining Industry.

Other companies featured: MDU Resources Group Incorporated (NYSE: MDU), Calumet Specialty Products Partners LP (NASDAQ:CLMT), Tesoro Corporation (NYSE:TSO)

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