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Petroineos rejects US consortium buyout, plans to transform Scotland's Grangemouth refinery into a fuel import terminal.
Petroineos, the owner of Scotland's Grangemouth oil refinery, has rejected a buyout offer from a US-led consortium, aiming instead to transform the site into a fuel import terminal.
The refinery, set to close next year, could lose over 400 jobs.
The consortium's bid was dismissed as "not credible" due to concerns about financing and expertise.
The refinery currently faces significant annual losses.
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Petroineos rechaza la compra del consorcio estadounidense, planea transformar la refinería de Grangemouth de Escocia en una terminal de importación de combustible.