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1,000 jobs risk in refinery crisis
Wednesday January 25th 2012
The fall into administration of one of the UK's biggest oil refineries, in Essex, has put 1,000 jobs at risk and raised fears for supplies of fuel.
Sales were stopped at former BP-owned Coryton refinery and staff were informed the company could not tell when supplies would restart.
The Unite union's national officer Linda McCulloch said 1,000 jobs were in danger, but added: "We firmly believe that joint action by the owners and Government can help secure the business."
Its Zurich-based owner, Petroplus, revealed that talks with its lenders failed and the firm appointed a receiver to the Essex plant, which supplies a fifth of fuel in London and the South East.
Coryton, which boasts a capacity of 175,000 barrels of crude oil per day, is one of eight UK refineries, the other seven being at South Killingholme and Lindsey, both in North Lincolnshire; Fawley, near Southampton; Grangemouth, near Falkirk; Stanlow in Cheshire; and Milford Haven and Pembroke, both in Pembrokeshire.
Copyright Press Association 2012
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