PROPOSED OIL REFINERY.
A proposal of the Vacuum Oil Co. to establish a £1,000.000 refinery in Victoria -was mentioned by the chairman of directors (Mr. H. C. Cornforth), who argued before the Australian Tariff Board recently for further protective duties on crude 'petroleum. Before committing itself to the proposed expenditure, the company, he said, regarded it as essential that the tariff on crude petroleum, and excise duties on petrol, should afford shelter against fierce outside competition. What he termed the. "skimming" plants in existence in Australia could not, he contended, properly treat crude oil produced in Australia. He suggested that the excise duty on petrol produced by "skimming" should be 5d a gallon, and on that produced by the combined processes, 3d a gallon.
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Evening Post, Volume CXI, Issue 130, 4 June 1931, Page 14
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124PROPOSED OIL REFINERY. Evening Post, Volume CXI, Issue 130, 4 June 1931, Page 14
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