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BRIEF-Ampol Begins Review Of Lytton Refinery

Published 08/10/2020, 08:43 am
Updated 08/10/2020, 08:48 am
© Reuters.

Oct 8 (Reuters) - Ampol Ltd ALD.AX :

* Q3 2020 LYTTON UNAUDITED RCOP EBIT WAS A LOSS OF $82 MILLION

* LYTTON REFINERY PRODUCTION FOR Q4 2020 EXPECTED TO BE 1.3BL

* WILL COMMENCE A COMPREHENSIVE REVIEW OF LYTTON REFINERY AND ITS RELATED SUPPLY CHAINS

* LYTTON EXPECTED TO DELIVER 3.4BL OF PRODUCTION FOR FULL YEAR OF 2020

* REVIEW WILL CONSIDER ALL OPTIONS FOR FACILITY'S OPERATIONS AND FOR CONNECTED SUPPLY CHAINS AND MARKETS IT SERVES

* OPTIONS INCLUDE CLOSURE AND PERMANENT TRANSITION TO AN IMPORT MODEL

* OPTIONS INCLUDE CONTINUATION OF EXISTING REFINING OPERATIONS AND OTHER ALTERNATE MODELS OF OPERATION

* REVIEW IS EXPECTED TO BE CONCLUDED IN Q2 OF 2021 Source: https:// Further company coverage: ALD.AX

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