BISMARCK, N.D. — Developers of a recently completed diesel refinery near Dickinson say they’re delaying plans for a second factory in the Minot area due to market conditions.
Bismarck-based MDU Resources Group and Indianapolis-based Calumet Specialty Products Partners built the $430 million Dakota Prairie Refinery near Dickinson. It began selling fuel in May but has lost money in its first few months of operation.
It can process 20,000 barrels of oil each day into diesel fuel and other products. Developers had considered a similar plant in Minot. But MDU spokesman Tim Rasmussen says the company is now focused solely on its Dickinson factory.
Rasmussen says low diesel and naptha prices have contributed to the losses at the Dickinson plant. He says the company might reconsider building the Minot plant if prices rebound.
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