Following on from the success of our trial with the NHS in Scotland- Eco Fuel Plus will be attending the NHS conference on sustainability in London on 14th Feb 2013.
We hope to spread the word about our fuel treatments and improve public health by encouraging the use of fuel treatments which actively reduce the emission of carcenogenic diesel particulates. Did you know the UK will soon be fined by the EU for not meeting it’s city clean air targets?
The final 3 months of 2012 have seen incredible growth in sales of Aderco 5000 here at eco fuel plus. We have seen over a 400% increase in sales in the year on year sales. It looks like word is finally starting to spread regarding this product and it’s beneficial effects on MPG, not to mention solving the issue of low sulphur fuel carbon build up in Aga and Rayburn ovens.
With fuel prices constantly high and filling a tank almost £100 a time I feel compelled to mention again the fuel saving benefits of Aderco in vehicles. Whilst not the only benefit, it is certain that the addition of Aderco to both petrol and diesel vehicles can have a beneficial effect which in terms of MPG improvement alone FAR outweighs the cost of purchasing the product in the first place. Typically we expect to demonstrate savings of between 3 and 8% in most vehicles, figures which have been borne out in recent trials by the NHS in Scotland and a coach company in the West Midlands, both trials were a success and have now moved into daily applications for the companies involved. So for those fleet managers or even the oft bullied regular motorist – consider using Aderco your vehicle (and your wallet) will thankyou for it
Back in 2007, BP sold its Coryton refinery, one of the largest in the UK, to Swiss refiner PetroPlus for $1.4 billion. Fast forward 5 years later where we find that shortly after PetroPlus filed for bankruptcy, and was forced to proceed with a firesale of its assets, the European end demand market is so abysmal that a buyer could not be found for even a 30% off firesale. As Reuters reports, following a failure to sell Coryton for the low, low, price of $1 billion, the refinery, in dire need of CapEx investments, will be shutting down, and taking about 10% of UK refining capacity with it. “Insolvent Swiss refiner Petroplus’ Coryton refinery in the UK is likely to close after its administrator PricewaterhouseCoopers (PwC) said on Monday that it had failed to find a buyer that could pay $1 billion for the site. Petroplus filed for insolvency in December after it could not meet its debt obligations. “The current economic environment, the challenge of raising $1 billion (£625 million) of funding for the refinery, including the $150 million capital expenditure ‘turnaround’ project ultimately proved prohibitive in the face of an over supplied European refinery market for both buyers and investors.” The Coryton refinery has a capacity to process about 175,000 barrels of crude oil per day and additional 65,000 barrels per day of feedstock. Richard Howitt, the local member of the European Parliament said: “It’s a bitter blow for the workforce…I think the process was flawed and that the government should have stepped in.” It will be an even more bitter blow to the island nation’s motorists who will suddenly find themselves facing with other spiking prices, a shortage of gasoline, or some combination of both.
Recall from January:
Motorists are facing the threat of fuel shortages and £100 fill-ups after one of Britain’s biggest refineries went bust yesterday.
As well as posing a serious risk to forecourt supplies, retailers say it could see petrol prices soaring to record highs as speculators and profiteers capitalise on the disruption.
Diesel prices in particular are set to rise by up to 3p to a record £1.45 a litre, they warn. That would mean more than £100 to fill up a typical family saloon with a 70-litre tank.
MPs and unions joined the chorus warning of shortages while forecourt bosses said there was a risk of parts of the South East ‘grinding to a halt’ after supplies from the giant Coryton refinery in Essex were suspended.
In other words, 10% of UK refining capacity is about to go dark.
Coryton supplies around 10 per cent of the UK’s petrol and diesel, and 20 per cent of the total in the South East. The warnings came as Coryton’s Swiss-parent company Petroplus filed for bankruptcy with the threat to up to 1,000 UK jobs at the former BP-owned refinery.
But energy ministers and oil industry bosses said they were doing their best to make up the shortfall from the UK’s seven remaining refineries and by buying in from abroad. A sudden rush to the pumps, however, could trigger filling stations running dry.
Naturally, even back then it was the speculators’ fault.
Profiteers and speculators in the energy markets are already poised to capitalise on the problems to push up wholesale prices which will mean hefty increases at the pumps, say petrol retailers.
Even before the latest crisis, the AA had warned that motorists were on course for a 2p a litre fuel price hike at the pumps – adding £1.40 to the fill-up for a Ford Mondeo.
The Coryton crisis could see that rise even higher, say retailers.
And now that the crisis has morphed from hypothetical to fact, it will be up to the speculators to prove the scapegoaters right. Because the last thing the UK needs as the BOE contemplates launching even more QE is an actual supply driven spike in gas prices to make the chaos complete once excess liquidity is also thrown into the mix.
Source: Zerohedge
