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Thursday, December 04, 2008
Environment - "BP's sale of pollution-control bonds is part of a controversial plan to expand its refinery in Whiting, Ind."
For a good update on the BP project in NW Indiana, see this report today in The Bond Buyer that begins:
CHICAGO - BP this week sold $200 million of tax-exempt bonds to launch a roughly $1 billion pollution-control project that's part of a controversial expansion of a crude oil refinery located in northwest Indiana.Issued through the city of Whiting, the $200 million bond issue comes a few weeks after Whiting officials authorized the issuance of up to $1 billion in additional tax-exempt pollution control bonds to finance the four-year, $3.8 billion expansion project.
Posted by Marcia Oddi on December 4, 2008 01:57 PM
Posted to Environment