Regulatory News:
Petroplus Holdings AG (SWX:PPHN) today announced that its CEO,
Thomas D. O'Malley will be presenting at the Lehman Brothers CEO
Energy/Power Conference being held at the Sheraton New York Hotel &
Towers in New York, New York, USA from September 4 -6, 2007. Mr.
O'Malley will be presenting at the conference at 10:25 EST on
Wednesday, September 5th. The presentation will be available on the
Petroplus Holdings AG website in the investor relations section.
Separately, Petroplus today posted market update slides on its
website, also available in the investor relations section. The
information presented on the slides is drawn from publicly available
sources and is intended to illustrate the current crude and oil
product pricing environment and the potential impact of crude prices
on Petroplus' operations.
Petroplus Holdings AG is the largest independent refiner and
wholesaler of petroleum products in Europe. Petroplus focuses on
refining and currently owns and operates five refineries across
Europe: the Coryton refinery on the Thames Estuary in the United
Kingdom, the Ingolstadt refinery in Ingolstadt, Germany, the Belgium
Refining Company refinery in Antwerp, Belgium, the Cressier refinery
in the canton of Neuchatel, Switzerland, and the Teesside refinery in
Teesside, United Kingdom. The refineries have a combined throughput
capacity of approximately 625,000 bpd. Petroplus has signed a letter
of intent to acquire the Petit Couronne and Reichstett Vendenheim
refineries, located in France, from Shell International Petroleum
Company Limited. The refineries have a total nameplate crude capacity
of 239,000 barrels per day.