LONDON – Petrolplus Holdings owned refinery near London has resumed shipments to customers. Trucks were rolling out of the Coryton refinery near London on Thursday morning for the first time since the British subsidiary was placed in administration two days earlier.
Petroplus said on Wednesday that it had begun various forms of insolvency proceedings in Switzerland, France and Germany. Petroplus said it had filed in Switzerland for composition proceedings, a form of bankruptcy in which the company claims it acted in good faith.