B
bobthebuilder
Well-known member
108 ukf
Or China have done it purposelydidn't hear/missed this last year .... possible/possibility of shortages incoming 'praps
Grangemouth: Scotland's only oil refinery to close next year
Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites.www.bbc.co.uk
" It accounts for about 14% of the UK's overall refining capacity and supplies almost two-thirds (65%) of demand for refined oil products in Scotland.
Ineos acquired the site in 2005 and are responsible for the entire plant, while the the refinery itself is owned by Petroineos - a joint venture between Ineos and PetroChina. .........
Petroineos stated that the size of the site meant that "high levels of capital expenditure each year" were spent on it, which outweighed the company's earnings. "
some one not doing things right then or Ineos are creaming it