Insolvent Petroplus finds buyers for European refineries.

摘要

Varo Holding SA, a j.v. between Vitol and Atlaslnvest, has entered an agreement to take over Petroplus's 60K-b/d Cressier, Switzerland refinery along with its marketing and logistics assets in France. Vitol Group's president and CEO Ian. Taylor said the purchase will allow the company to have access to both a quality refinery and "supply chain of storage assets and wholesale marketing opportunities." Atlaslnvest stated that pending approvals by courts and regulatory clearances, the deal should be completed in 2Q. Similarly, trading group Gunvor is carrying out the restart of the 62K-b/.d Antwerp, Belgium refinery, after recendy purchasing it from Petroplus.