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Integrated Rail & Resources Executes a 7-Year Supply and Offtake Agreement with Shell for Crude Oil Processing Facility
SHELShell Global(SHEL) GlobeNewswire News Room·2025-05-09 20:00

WINTER PARK, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Integrated Rail & Resources Acquisition Corp. (OTC: IRRX) (“IRRX”) and Shell Trading (US) Company (“Shell”) have entered into a 7-year supply and offtake agreement under which STUSCO will supply crude oil feedstock to, and purchase certain refined products from, a facility to be acquired by IRRX. Once completed, the facility will initially have the capacity to process 15,000 barrels of crude oil per day, producing LPG, Naphtha, Diesel, and Gas Oil. The fac ...