Updated: Coryton refinery to close (From Thurrock Gazette)
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Coryton refinery to close
7:50am Tuesday 29th May 2012 in News By Gina Marden
Coryton refinery to close
THE Coryton refinery is to close putting more than 850 people out of work.
For months desperate efforts have been made to save the refinery in Corringham.
But on Monday it was finally announced that the refinery would have to close.
Workers have already been told that they will be made redundant later this week.
Around £625million would be needed to turn the refinery around.
All production at the plant, which refines oil, has been suspended.
A spokesman for the Department of Energy and Climate Change said: "It is disappointing that PwC has been unable to find a buyer for Coryton. This is particularly bad news for the workers at Coryton.
"I want to reassure people that there will not be any impact on fuel supply from this development.
"Continuing jetty operations at Coryton means that there should be no loss of supply through the terminal to London and the South East."
Richard Howitt, Labour MEP for Essex, said he had urged the Government to intervene "before it is too late" but said his appeal had "fallen on deaf ears".
He said: "The news is unexpected from a workforce who always believed they could succeed and flies in the face of everything we have worked hard to achieve."
Edmund King, AA president, said: "The tragedy is not only the loss of a refinery and jobs in an industry which produces some of the cheapest petrol in Europe but the question mark it raises with the UK's fuel supply resilience during bad winters and industrial action.
"The UK's fuel industry is extremely adept at shifting fuel supplies around the UK, but Coryton's loss makes that task more difficult."
mfl Page 5: 16:07Phil Whitehurst, GMB national lead officer for Engineering Construction, said: "This is a devastating blow for jobs in the local economy in Essex, for the UK energy sector and for the UK economy as a whole.
"This is yet another anarchical outcome adversely impacting on the UK's basic energy infrastructure arising from financial developments with their owners which are unrelated to UK needs."
*DO YOU WORK AT CORYTON? CALL THE ECHO AND GAZETTE NEWSDESKON 01268 469308
Comments(33)
coddy
says...
3:06pm Mon 28 May 12
Addressing fellow MPs last Thursday, Jackie Doyle-Price spoke of the thousands of jobs on the horizon in Thurrock.
She added, though, that with the growth of jobs comes the need to invest in the road network.
Ms Doyle-Price said: “The simple fact is that deficit reduction and the pursuit of growth are not mutually exclusive, indeed, we lay the foundations for lasting growth when we go back to living within our means.
“Jobs and growth rely on investment by individuals and businesses, not on Government spending.”
Ms Doyle-Price added investment in Thurrock is set to provide new jobs, with the expansion of Lakeside Shopping Centre, the new London Gateway port and the expansion of Tilbury Port, which could mean a further 10,000 jobs.
Seems like its back to the drawing board for Jackie. A case of opening ones mouth and putting your foot in it. And hows comes we haven't seen Mr Metcalfe doing something
BIRLIS
says...
3:50pm Mon 28 May 12
APR
says...
3:50pm Mon 28 May 12
Especially as we have a shortage of refining capabilities.
al coniston
says...
4:00pm Mon 28 May 12
APR wrote:yes, i think we can see where this is all heading . . . .
I honestly didn't think that they would allow a refinery to close.
Especially as we have a shortage of refining capabilities.
Bernard 87
says...
4:07pm Mon 28 May 12
frank & monty
says...
4:41pm Mon 28 May 12
al coniston wrote:Agreed.
APR wrote: I honestly didn't think that they would allow a refinery to close. Especially as we have a shortage of refining capabilities.yes, i think we can see where this is all heading . . . .
Also this is right next to the Superport - what an ideal location!
Obviously the Govt. did not do enough to promote this and have just let it close with a whimper. Pathetic!
wobblybob
says...
5:12pm Mon 28 May 12
The parent company that went bust said that over-capacity had lead to tight margins causing their plants to lose money.
Another refinery, on the south coast, has already said it can comfortaby cover the shortfall should Coryton close, as it is currently operating below capacity.
The Cater Wood Creeper
says...
5:24pm Mon 28 May 12
wobblybob wrote:I heard from a source inside the Coryton refinery that they made a $32 million clear profit last month while continuing to refine the crude that's been arriving so it can't be a matter of not being a profitable enterprise, it's the amount of debt left by the previous owners Petroplus that seems to be the problem
Well no, there isn't a shortage of refining, thats part of the problem. The parent company that went bust said that over-capacity had lead to tight margins causing their plants to lose money. Another refinery, on the south coast, has already said it can comfortaby cover the shortfall should Coryton close, as it is currently operating below capacity.
bob64
says...
5:26pm Mon 28 May 12
al coniston wrote:Please enlighten
APR wrote:yes, i think we can see where this is all heading . . . .
I honestly didn't think that they would allow a refinery to close.
Especially as we have a shortage of refining capabilities.
cococo
says...
5:26pm Mon 28 May 12
I feel sick for the workers and there families who i personally know, they have done a great job in difficult times for many years as i did when i worked there.
This refinery has made millions over the years and can still do so.
Come on goverment get this sorted before its to late there will be no winners in the long run letting this refinery shutdown with its strategic position.
jolllyboy
says...
5:30pm Mon 28 May 12
mikgrays
says...
5:57pm Mon 28 May 12
The Cater Wood Creeper
says...
6:03pm Mon 28 May 12
mikgrays wrote:was 'only' 800 jobs last week when The Echo ran a story about this refinery's fate
The loss of 850 jobs is just the start,there will be a knock on effect in the transport industry,this is going to be a bitter blow to Thurrock's economy.
http://www.echo-news
.co.uk/news/local_ne
ws/basildon/9721019.
Coryton__Is_another_
deal_on_the_table_/#
commentsList
Now, it appears to be
more than 850
any chance of The Echo letting us know the true amount or having a bit of consistency in their reporting of this dreadful news?
streetboy75
says...
7:19pm Mon 28 May 12
rayleigh123
says...
7:45pm Mon 28 May 12
This would also take a lot of traffic away from SADLERS FARM
whataday
says...
7:48pm Mon 28 May 12
Why is it successive governments are sending our forces to fight wars because of petrol and then letting the refineries close.
streetboy75
says...
10:19pm Mon 28 May 12
rayleigh123 wrote:great idea, totaly agree, least the plant would not be a threat to the area now.
I am really sorry that people have lost their jobs, on a positive note could we not push a road from Canvey Island over to Coryton and then up Manor way to the A13.
This would also take a lot of traffic away from SADLERS FARM
Dids
says...
10:52pm Mon 28 May 12
APR
says...
11:22pm Mon 28 May 12
wobblybob wrote:I thought we had to import a lot of refined Diesel though, as there wasn't enough refined in the UK ?
Well no, there isn't a shortage of refining, thats part of the problem.
The parent company that went bust said that over-capacity had lead to tight margins causing their plants to lose money.
Another refinery, on the south coast, has already said it can comfortaby cover the shortfall should Coryton close, as it is currently operating below capacity.
Seasider90
says...
12:03am Tue 29 May 12
notinwestcliffanymore
says...
7:32am Tue 29 May 12
Seasider90 wrote:just drove past a farm field in chadwall full of people working know doubt no british there, but they were busting a gut maybe thats the difference.The work is out there, but who wants to bust a gut eh.
The sad thing is that many people are going to struggle to find jobs and pay mortgages. My son has busted a gut to find work but gets an odd day here and there. Its time this country shut the doors and actually put the people living here first for jobs. Good luck to those now searching for jobs. British jobs for British workers.
Lady milly from Billericay
says...
8:38am Tue 29 May 12
bigboy57
says...
9:08am Tue 29 May 12
streetboy75
says...
10:01am Tue 29 May 12
AndrewLemon
says...
10:45am Tue 29 May 12
LordSpiffSpaffingtonThe2nd
says...
12:12pm Tue 29 May 12
Wooosh
says...
4:57pm Tue 29 May 12
bigboy57
says...
6:50pm Tue 29 May 12
streetboy75 wrote:hope your right streetboy really positive commet but im a dinasor sorry !
loads of new jobs coming at the new super port
A.N.Other
says...
7:31am Wed 30 May 12
1) The petrol companies will increase prices claiming a shortage of refining capacity.
2) Government won't be increasing petrol this Autumn as pump prices have jumped up so much.
The Cater Wood Creeper
says...
12:40pm Wed 30 May 12
Wooosh wrote:maybe Tony Ball and his 'in the thrall of developers' can sell it off for housing.....
What will happen to the site once it's closed? Will it just be left or is another firm moving or or demolishing it?
samsara
says...
12:43pm Wed 30 May 12
snowdropwhite34
says...
10:23pm Thu 31 May 12
Seem's like many more will now lose their jobs !
What next for the workers in the borough ?
al coniston says...
3:00pm Mon 28 May 12