Saving costs by downsizing - Total Lindsey to reduce CDU capacity
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Report summary
On 12 February 2015, Total announced a plan to cut its crude distillation unit (CDU) capacity by half at Lindsey Oil Refinery and reduce the head count there from 580 positions to 400 positions. This Insight examines the decision by Total to reduce CDU capacity and looks at the outlook for refining in the UK and wider European market.
Table of contents
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Total Lindsey to downsize and reduce CDU capacity
- Total to reduce Lindsey Oil Refinery capacity by 50%
- A familiar theme across the UK
- An opportunity to save costs
- Outlook for refining in Europe
Tables and charts
This report includes 4 images and tables including:
- Figure 1: 2013 European Net Cash Margin ($/bbl), NCM, curve
- Figure 2: LOR yield breakdown Pre- and Post-CDU closure
- Saving costs by downsizing - Total Lindsey to reduce CDU capacity: Image 3
- Figure 4: LOR NCM Pre- and Post-CDU rationalisation, 2020 NCM ($/bbl) basis
What's included
This report contains:
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