Canadian company Inter to sell European assets to raise money for its petrochemical unit in Alberta

MOSCOW (MRC) -- Canada's Inter Pipeline Ltd said that it will sell a major portion of its European bulk liquid storage business to Spain-based CLH Group for 420 million pounds (USD537.73 million), said Hydrocarbonprocessing.Proceeds from the sale will be used to cut debt, improve the balance sheet and help with Inter's spending plans, including on its Heartland Petrochemical Complex in A

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