Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Abby4116

About Petroplus
Petroplus International B. V. (Petroplus) was established in 1993 and has since developed into a leading player in the European refining market. Petroplus owns refineries in Antwerp, Belgium; Cressier, Switzerland and Teesside, United Kingdom. In addition, Petroplus recently announced the acquisition of the Belgian Refining Corporation, whose principle asset is a 120,000 barrel per day refinery in Antwerp, Belgium. This acquisition will result in an increase in Petroplus’s refining capacity to 355,000 barrels per day.

Petroplus is currently a wholly owned subsidiary of RIVR Acquistions B.V. RIVR will continue to develop its fast-growing 4Gas LNG terminalling and LNG marketing business which will be formally separated from and managed independently of Petroplus going forward. RIVR Acquisitions B.V., the parent company of Petroplus International B.V., is owned by funds and entities affiliated with Riverstone Holdings, The Carlyle Group, and Company management.


9 posted on 01/24/2010 5:33:30 PM PST by Buchal ("Two wings of the same bird of prey . . .")
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Buchal
But if the reason given for closing Delaware City is correct, there isn't the demand for home heating oil and I find it hard to believe that the demand is going to increase in the near future.
10 posted on 01/24/2010 5:38:08 PM PST by Abby4116
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson