Closure of the Petroplus Coryton Oil Refinery in June 2012 had a significant impact on the local area. More than 700 on-site jobs were lost, of which nearly 300 were Thurrock residents.
A consortium of Vopak, Shell and Greenergy now own the site, which has been rebranded as Thames Oilport. The terminal is being refurbished for the bulk import and blending of fuels, but the site will no longer be used for refining fuels.
400 acres of land is now available for development. Its historic refining use and supporting infrastructure, together with its location and river access, present an opportunity to create a genuine cluster of energy related industries co-located with supply chain companies and research and development firms.
This part of the site has been branded as Thames Enterprise Park. It will attract firms from the environmental technologies and energy sectors with the potential to create up to 2,000 new jobs.