Hovensa bankruptcy proceedings opening in US Virgin Islands court
HOUSTON, Sept 17 (Reuters) - Bankruptcy proceedings over the future of the Hovensa refinery were slated to open on Thursday in federal court in the U.S. Virgin Islands, two days after the plant co-owned by Hess Corp and Venezuela's PDVSA filed for creditor protection.
The owners have told the court they want to sell the shuttered plant, now being used as a storage terminal, to a buyer identified as Limetree Bay Holdings LLC. A previous sale effort last year failed. (Reporting By Houston Newsroom)
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