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Saving costs by downsizing - Total Lindsey to reduce CDU capacity


Saving costs by downsizing - Total Lindsey to reduce CDU capacity

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.  

What's included?

This report includes 1 file(s)

  • Saving costs by downsizing - Total Lindsey to reduce CDU capacity PDF - 299.75 KB 5 Pages, 0 Tables, 4 Figures

Description

This Refining and Oil Products Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an alternative point of view to help inform your decision making.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information.

Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • 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

In this report there are 4 tables or charts, including:

  • Total Lindsey to downsize and reduce CDU capacity
    • 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
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