Connect to share and comment

French refining site Petroplus awaits fate

A bankrupt oil refinery northwest of Paris called Petroplus employing 470 people is the latest focus of French national anxiety over factory closures and the role of investors and the state, with bidders facing a deadline on Tuesday to propose new investment to keep the plant alive. There has been vague talk of the French state taking a minority stake, and of possible bidders from Dubai, Libya or Iran.
Syndicate content