refinery to close as funding dries up
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Refinery to close as funding dries up

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Emiratesvoice, emirates voice Refinery to close as funding dries up

London - Arabstoday

An oil refinery which went bust is to close after administrators failed to find a buyer or the cash needed to keep it going, putting around 850 jobs at risk The Coryton plant in Essex, which supplies 20% of fuel in London and the South East, was plunged into administration by its Swiss owner Petroplus. The site will be wound down after the challenge of raising the £625m needed to fund the refinery proved too much.

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refinery to close as funding dries up refinery to close as funding dries up

 



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