Petroplus runs at half capacity
The two refineries owned by troubled Swiss group Petroplus that do not face immediate closure, out of the company’s total of five, are currently running at half capacity, trade sources claimed yesterday, The 240,000 barrel per day Coryton plant in the UK – the company’s most complex site – is running at roughly 45 per cent of capacity, while the 110,000 barrel per day Ingolstadt facility in Germany is running at around 55 per cent, the sources said. Petroplus was forced to shut its low-performing Petit Couronne refinery in France and Antwerp in Belgium after all its credit lines were frozen in early January.