Petroplus’s U.K. Coryton Refinery May Be Shut, Sunday Times Says

Petroplus Holdings AG (PPHN)’s Coryton refinery in the U.K. will probably be shut and turned into a storage terminal, the Sunday Times reported, citing unidentified people with knowledge of the matter.

Vitol Group dropped out of the auction for the refinery last week, leaving one other bidder, the newspaper said.

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net