Thursday, May 31, 2012

Reuters: Mergers News: Trader Gunvor to buy Petroplus German refinery

Reuters: Mergers News
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Trader Gunvor to buy Petroplus German refinery
May 31st 2012, 08:02

GENEVA | Thu May 31, 2012 4:02am EDT

GENEVA May 31 (Reuters) - Trading house Gunvor said on Thursday it has agreed to purchase a German oil plant from insolvent refiner Petroplus and will restart operations as soon as possible.

The acquisition of the 100,000-barrels-per-day Ingolstadt site follows the Swiss-based trader's purchase of Petroplus' Antwerp plant in March.

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