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Prax oil refinery to shut with 625 jobs at risk after no buyer found
The Guardian
|July 22, 2025
The Prax Lindsey oil refinery is to shut down after a search failed to find a buyer, workers have been told.
In an email seen by the Guardian, staff at the stricken plant 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".
"As a result and regrettably, the decision has been made not to order any further crude to be processed at the refinery," it said.
"The refinery will shortly need to be moved into a wind-down phase, while also processing the remainder of the existing crude."
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