Monday 23 June 2008

Shell's profit rise in spite of problems at Clyde

In spite of reliability problems at its Clyde and Geelong refineries, Shell Australia, recorded a 14 per cent increase in profit for calendar year 2007, to $283.1 million. Finished products were imported to make up for the reliability issues. Shell was continuing to bear the cost of complying with the Clean Fuels standards introduced in 2006 and continued to invest in its refineries “to meet stringent, legislated fuel quality standards,” The Australian Financial Review reported. Elsewhere, Andrea Thomas, in Penrith, who has two disabled children, was presented with a new car to enable the family to travel more easily, thanks to Shell's workers and contractors, Transfield Services, at the Clyde Refinery, who donated for each working day free of a recordable injury or lost time.

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