Oct 15 (Reuters) - Shell Canada has abandoned plans
for the possible sale of its Sarnia Manufacturing Centre, it
said on Thursday, confirming an earlier media report.
"We have decided to stop actively marketing the Sarnia
Manufacturing Centre and its associated infrastructure which
includes the refinery, chemicals plant, Sarnia and Hamilton
Distribution terminals and Shell's 45% interest in Sun-Canadian
Pipeline", a company spokeswoman said.
The company had announced the intention to divest in January
last year and said on Thursday that it will assess its next
steps if it receives interest at a later date.
"Shell will continue to operate these assets while
maintaining our marketing presence in Ontario and continuing to
honor branded supply and wholesale agreements," the spokeswoman
said.
She added she was unaware of any plans for closure and that
considerations for future investment will be handled on a
case-by-case basis.
(Reporting by Kanishka Singh and Arundhati Sarkar; Editing by
David Gregorio)