Wales boosted by refinery investment

Wales boosted by refinery investment

Hundreds of jobs will be supported well into the future following an announcement by Valero Energy to build a combined heat and power plant at their Pembrokeshire refinery.

The company submitted their plans for the plant to Planning Inspectorate Wales on Monday which will generate 45MW for the refinery. Valero took ownership of the refinery in 2011 and currently employees 550 onsite employees as well as hundreds of contractors.

Ed Tomp, Valero Vice President and General Manager, said “This project is at the heart of our plans to maintain the refinery’s viability for the long-term and help secure future jobs in the refining sector in Pembrokeshire and West Wales.

 The news was welcomed by local representatives including local Member of Parliament for Preseli Pembrokeshire Stephen Crabb.

“Valero is a key employer here in Pembrokeshire, and the news that they intend to invest £100 million into Pembroke refinery is a timely boost for the county’s economy and shows confidence in the British economy as a whole.” he said.

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