NEW YORK (Reuters) - Valero Energy Corp said on Monday it would convert its shuttered refinery on the Caribbean island holiday inn sunspree resort room rates of Aruba to a refined products terminal as it continues to seek a buyer for the facility. The Aruba refinery has been idled at least twice in the past few years, most recently earlier this year, due to poor profit margins that have plagued refiners in Europe, the Caribbean holiday inn sunspree resort room rates and on the U.S. East Coast. "It is perhaps the best they can do for the facility unless a buyer is found," said Mark Routt, senior consultant at KBC in Houston. ...
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