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The Guardian - UK
The Guardian - UK
Business
Rob Davies

Prax Lindsey oil refinery to shut with 625 jobs at risk after no buyer found

Prax Lindsey oil refinery
‘Special managers’ from a consultancy said they had received ‘various proposals’ to buy parts of the Prax Lindsey oil refinery site. Photograph: Simon Turner/Alamy

The Prax Lindsey oil refinery is to shut down after a search failed to find a buyer for the stricken plant, workers have been told.

In an email seen by the Guardian, staff at the refinery were informed that a sales process that began after the business collapsed into administration last month “has not brought forward an offer … that is both feasible and deliverable”.

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