UK: Union Says Petroplus Coryton Refinery Still Operating
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Wednesday, 01 February 2012 |
 Petroplus's Coryton refinery in the UK, which can process 175,000 barrels of crude oil per day, is still operating at an unspecified rate. Russ Ball, Regional Industrial Organiser for the trade union, said on Tuesday: “The refinery is running normally and the administrator is trying to source crude."
Swiss Petroplus, Europe's largest independent refinery by capacity, filed for insolvency protection after failing to renegotiate finance arrangements with its creditors. The Coryton refinery is under administration by consultancy PwC, while three of its five refineries (Petit Couronne in France, Cressier in Switzerland and Antwerp in Belgium) have been shut this month.
PetrolWorld 01022012
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