Around 180 jobs could be at risk at Total’s Lindsey oil refinery in North Killingholme, as the facility looks to reduce its production capacity by some 50% following reports of major losses in fourth quarter net income. This move would reduce the workforce at the Lindsey plant to 400 workers, from around 580, and halve production by approximately 5 million t.
“Total has developed a viable plan for the future of Lindsey oil refinery,” said General Manager Jacques Beuckelaers. “The refinery operates in the most competitive market in Europe, which itself is facing strong international competition, rising costs, falling petrol and diesel consumption, and continued overcapacity.
"Modernisation programmes at Lindsey have yielded encouraging results over the last years. These efforts will be further consolidated by streamlining the refinery’s production capacity and organisation. With our solid industrial capabilities and our professional and dedicated teams, we will adapt the refinery to ensure its future. LOR will be a smaller, but a higher converting and more profitable refinery,” said Beuckelaers.
Edited from various sources by Rosalie Starling
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