Coryton refinery to close

An oil refinery which went bust is to close after administrators failed to find a buyer or the cash needed to keep it going, putting around 850 jobs at risk.

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Essex County Council offers Coryton taskforce support

Essex County Council has today pledged its support to the Thurrock Council taskforce being set up following the announcement of the possible closure of the Coryton Oil Refinery.

The site’s administrators Price Waterhouse Coopers announced yesterday that they had been unable to find a buyer for the refinery and were seeking to start negotiations with unions and employers over its closure.

This would mean the loss of up to 500 jobs at the refinery and impact on other companies providing services to the site.

“We have worked closely with Thurrock Council ever since it emerged the refinery was under threat and we remain committed to working with them in the task force they are forming to co-ordinate support and next steps.

“Providing all the help, support and advice needed to those affected is not something that one organisation can provide – it needs to be a partnership approach. This is why we will be continuing to offer our full support to Thurrock Council and others in helping do everything we can to help the workers and ease the impact of any closure of the refinery.”

– County Councillor Kevin Bentley, cabinet member for Economic Development

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