Regulatory News:
Petroplus Holdings AG (SWX: PPHN) announced today that its Coryton refinery utilized its flare system as a safety pre–caution in connection with a power disruption on Friday evening. There was no fire. There was no damage to refinery units. There were no injuries or offsite environmental impacts. As a pre–caution, the refinery was safely shutdown. The refinery is currently being brought back online and we do not expect significant loss of production.
Petroplus Holdings AG is the largest independent refiner and wholesaler of petroleum products in Europe. Petroplus focuses on refining and currently owns and operates seven 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 Petit Couronne refinery in Petit Couronne, France, the Cressier refinery in the canton of Neuchâtel, Switzerland, the Reichstett refinery in Alsace, France and the Teesside refinery in Teesside, United Kingdom. The refineries have a combined throughput capacity of approximately 864,000 bpd.
