St. Croix, U.S. Virgin Islands (September 13, 2021) – Limetree Bay Terminals, LLC (“Limetree Terminals” or the “Company”) today announced that it is restructuring the organization to position the Company to remain viable in a competitive market as business activity has decreased following the indefinite closure of the Limetree...
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St. Croix, U.S. Virgin Islands (August 2, 2021) – Limetree Bay Terminals, LLC (“Limetree Terminals” or the “Company”) today announced that it has entered into a financing agreement under which AMP Capital Investors S.A.R.L. and affiliates (“AMP Capital”) will provide the Company with up to $100 million in new...
Read MoreSt. Croix, U.S. Virgin Islands (July 12, 2021) – Limetree Bay Refining, LLC and several of its affiliates (collectively, “Limetree Bay” or the “Company”) today announced that Limetree Bay has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern...
Read MoreSt. Croix, U.S. Virgin Islands (June 21, 2021) –Limetree Bay Energy (“Limetree Bay” or the “Company”) today announced that it is suspending its plans to restart the refinery indefinitely, due to severe financial constraints. Since the temporary suspension of its petroleum refining and processing operations on May 12, 2021,...
Read MoreCompany dispatches field teams to assess Community Impact St. Croix, U.S. Virgin Islands (May 13, 2021) – Limetree Bay continues to investigate Wednesday’s flaring incident and assess the condition of the refinery’s equipment. Upon further investigation, it was determined that the flaring incident was caused by an upset at the Coker...
Read MoreSt. Croix, U.S. Virgin Islands (May 12, 2021) – On Wednesday, Limetree activated its Incident Command in response to an upset in the refinery at Flare Unit #8. This incident resulted in a release of oil droplets which traveled directly west. Preliminary investigations have revealed that there has been an impact to...
Read MoreST. CROIX, U.S. Virgin Islands (May 9, 2021) – Limetree Bay Refining, LLC (“Limetree Bay” or the “Company”) continues to work with local and federal regulators to determine the source of recent odors affecting areas in the western part of St. Croix. In response to community concerns and to support efforts...
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