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A new French refinery closed soon
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Full social crisis, the new is likely to incite the strikers
refiners to increase their energy. Two years after acquiring it and six months after
announced the search for a buyer, Petroplus announced yesterday its intention to close its
Reichstett site near Strasbourg, one of 12 French refineries. "The process
sales potential was completed without the interest of a buyer, said the Swiss group.
In a difficult context for the refining market, and given that capital
would be required, the company can not justify the investments needed to maintain
activity. "Suddenly, Petroplus wants to convert the factory into a terminal, in other words
oil depot. The social cost is heavy: 253 to 255 jobs will be eliminated,
knowing that the new work will occupy 15 positions.
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The end Reichstett, the smallest French refinery, was expected for some time. The
site opened in 1963 by Georges Pompidou, the heart of the war boom, has already been
convicted on several occasions: in 1973, with the first oil shock, which was amputated
demand in 1983 and 1998, when large investments were needed. But each
Once he escaped the guillotine. After arriving at his patience, Shell sold the plant in 2008
Petroplus, which gets the explosion in oil prices and margins
refining. But this cycle is completed. Overcapacity are striking, and many other sites
are threatened with closure.
In France, Total has been unable to sell its refinery at Dunkirk and industrial
announced its next stop. For the CFDT, however, "the strategy of refining pure - without
upstream exploration, production and downstream without, sales networks, shows its limits when
Refining margins collapsed. " In exchange, Petroplus has lost 90% of its value since its
introduction in late 2007. Last year the company lost $ 249 million, for a
turnover of 14.8 billion.
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