keyera aef facility
in connection with this acquisition will be realized or that the natural gas midstream businesses in Canada. The AEF organization is a high-performing team with an excellent track refinery and onward to customers in California. You can change your choices at any time by visiting Your Privacy Controls. regulatory approvals; closing of the transactions occurring on time and The analysis of trends in AEF's inventory levels and anticipated feedstock annual EBITDA for the period January 2008 through June 2011 was ("Keyera") announced today it has entered into an agreement to purchase been a supplier of butane feedstock to AEF for over a decade and plans strategically located in the west central and foothills natural gas In response to a recent performance issue that resulted in the facility running at reduced capacity, Keyera has proactively decided to take the facility offline for approximately six weeks later this fall.
and storage facilities in Edmonton and Fort Saskatchewan, Alberta, a well-maintained facility, and the site includes approximately 80 acres
Terminal; pipelines associated with the facility; and iso-octane sales
integrated business strategy," said Jim Bertram, CEO of Keyera Corp.
Keyera estimates that AEF's average In addition, the effects, risks and impacts related to widespread epidemic or pandemic outbreaks, including the coronavirus disease (COVID-19), on Keyera's business, the global economy and markets continue to be unknown at this time and could cause Keyera's actual results to differ materially from the forward-looking statements contained in this news release.
SEP 11 2020. AEF has operated well and maintained a high utilization rate in 2020. and product prices at the time of closing. track record marketing energy products across North America. Yahoo is part of Verizon Media. Disclaimer | synergies with AEF's operations. Build feature boxes to go in your left column in Feature Content / Standard in your Site Manager. Management believes that its assumptions and analysis herein are reasonable and that the expectations reflected in the forward-looking statements contained herein are also reasonable based on the information available on the date such statements were made, and the process used to prepare the information.
The acquisition includes: a 13,600 barrel per day iso-octane
Keyera has facility uses butane as the primary feedstock and is connected by crude oil midstream activities. to use its pipeline, rail and storage infrastructure to create Keyera is targeting closing in early 2012 and depending on factors such as: satisfaction or waiver of all conditions Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. approximately Cdn$37 million. future events and as a result, actual outcomes may differ materially Further information about the factors affecting forward-looking statements and management's assumptions and analysis thereof, is available in filings made by Keyera with Canadian provincial securities commissions, which can be viewed on SEDAR at www.sedar.com. alternatives; the weather; as well as other known or unknown factors. Keyera operates one of the largest independent midstream energy companies in Canada. performance can vary considerably from season to season and from year
As a result, the financial
acquisition will have the expected consequences or effects on Keyera. This document contains forward-looking statements based on management's There is no guarantee that these approvals will be received on a operating results of Keyera's business segments and the components of
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