LONDON, July 25 (Reuters) - Swiss refinery Cressier, formerly owned by the bankrupt Petroplus, and now run in a joint venture between Vitol and Atlas Invest is now fully operational, Vitol said on Wednesday.
“With a number of investments made following the acquisition, conditions are now met to fully resume refining and corresponding marketing operations with safety as the key priority,” Vitol said in a statement.
Swiss-based Petroplus filed for insolvency in January after it defaulted on $1.75 billion of debt.
The refinery was one of Petroplus’s smaller plants with a capacity of around 68,000 barrels per day. (Reporting by Simon Falush; editing by Jason Neely)