Essar Group plans to sell the Stanlow refinery in Britain for $600 mn. The company is seeking to raise $500 mn -$600 mn for the plant in the northwest of England. However, other plants recently put up for sale in the UK, Murco's Milford Haven and the Bankrupt Petroplus's Coryton, have failed to find buyers. The refinery was bought by a subsidiary $350 mn from Shell in 2011.
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