Oil refinery proposed for western Manitoba
An Alberta company wants to build a small-scale oil refinery in western Manitoba to process used oil.
Conserve Oil Corp. (COC) held an open house in Virden Monday night to share its plans with the public.
Its used-oil refinery would cost about $25 million and would employ about 30 people.
"There's about 12 million litres of used oil collected in the province of Manitoba every year, and we convert that back into diesel, for example," said David Crombie, chief financial officer for COC, adding that the refinery could process new Manitoba oil, as well.
"It saves a lot of money, it's good environmentally and that's what we do with our processes."
Vince Heaman, reeve of the Rural Municipality of Wallace, approves of the project.
"Not only is it jobs, it's highly skilled jobs, which brings in high-paying jobs. "I also believe that if they come to our community, that there will be a growth industry around them," he said.
"I look down the road and I see [the] opportunity to create an industrial park that nobody in this community could even dream about."
COC still needs to conduct an environmental and a feasibility study on the Manitoba project.
The company is working on plans to build six refineries in the next five years in Canada, Europe and Africa; its first project was launched in Alberta and is expected to begin operations in 2008.