Event Details

Future (projected)

Description

Construction of an asphalt plant on the former Hovensa refinery property, projected to create 80 jobs.

Participants (1)

Name Type Mentions
unnamed buyers person 0 View Entity

Source Documents (1)

HOUSE_OVERSIGHT_018830.jpg

Economic Analysis Report • 1.17 MB
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This document is an economic analysis of the U.S. Virgin Islands, dated sometime after September 2015. It concludes that the territory's economic recovery is slow, especially on St. Croix due to the closure of the Hovensa refinery. While tourism is resurgent on St. Thomas and St. John and some development projects are underway, the overall forecast is for only gradual economic improvement.

Related Events

Events with shared participants

The assets of the closed Hovensa refinery were sold at auction.

Date unknown • St. Croix

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Sale of Hovensa refinery assets at auction.

Date unknown • St. Croix

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Event Metadata

Type
Unknown
Location
St. Croix
Significance Score
5/10
Participants
1
Source Documents
1
Extracted
2025-11-17 04:10

Additional Data

Source
HOUSE_OVERSIGHT_018830.jpg
Date String
Future (projected)

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