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Workers at the Grangemouth plant owned by Ineoes have a more certain future now PIC: Reuters

Grangemouth: A Game Changer for Unions and Governments?

Petroplus Holdings AG (Switzerland) was, not so long ago, Europe's largest independent refiner. In January 2012, the company defaulted on its senior notes and filed for bankruptcy. In the UK, its centre of operations was the Coryton Refinery in Essex which it had bought from BP in 2007 and which was able to handle tankers up to 250,000 deadweight tons (dwt). The refinery had a capacity of 11 million tonnes per year and had been running at about 88 per cent capacity shortly before its demis...