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| Wednesday, 26 July, 2000, 16:56 GMT 17:56 UK �44m investment at Pembroke refinery ![]() The announcement will safeguard 750 jobs Texaco has unveiled plans for a �44m investment to produce cleaner fuel at its Pembroke refinery in west Wales. The money will be used to build a new desulpherisation plant to manufacture fuel to European Union standards which become law in 2005. The announcement of the multi-million pound investment follows Monday's news that the television company ONdigital is to bring 1,100 jobs to Pembroke Dock. Work at the Pembroke Refinery is expected to be completed during the second half of next year.
The general manager at the plant, Roland Kell, said: "Essentially this work will increase our feedstock flexibility, positioning us to supply all of Texaco's requirements for Ultra Low Sulphur Petrol, which will in turn be of benefit to the environment." "This is a further demonstration of our commitment to west Wales, " added Mr Kell. "Texaco is a major employer in Pembrokeshire and this announcement is good news for the local community." The massive Texaco refinery currently employs 750 full-time and contract staff and produces a fifth of all petrol used in Britain. Texaco's managing director Jim Hawn was at the refinery to make the announcement. Harsh realities "Over the past two years Pembroke and other European refiners have faced some very harsh economic realities, but these plans will position Pembroke to take advantage of changing market conditions, " said Mr Hawn. He also confirmed that Texaco plans to introduce the new EU specifications which will dramatically reduce the sulphur content in petrol in October 2000, to its network of service stations in Wales. The roll-out of the reduced sulphur petrol which be complete across the UK by the end of 2001, said Mr Hawn. The move will allow UK motorists to switch to the new cleaner fuel four years ahead of the European Union deadline, he added. |
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