Closed Canadian refineries are becoming marketable items for recycling. A combine including two U.S. partners will participate in a project to convert a mothballed refinery at Point Tupper, N.S., to a supertanker terminal. Meanwhile, a recently mothballed refinery at Balzac, near Calgary, may be sold to Viet Nam. Global Petroleum of Massachusetts and Statia Terminals of Illinois will participate with Point Tupper Properties Ltd. in the $30 million Point Tupper plant conversion. Point Tupper Properties is a wholly owned subsidiary of Scotia Synfuels Ltd. The group will spend $25 million on the former Gul...

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