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FOR: INDUSTRIAL INFO RESOURCES

 

MAY 30, 2012 - 06:20 ET

CORDOBA, ARGENTINA--(Marketwire - May 30, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Total ERG, a joint venture between Total SA (NYSE:TOT) (Paris, France) (51%) and ERG SpA (BIT: ERG) (Milan, Italy) (49%), plans to cease operations at its 86,000 barrel-per-day (BBL/d) refinery in Rome, Italy. Like many other refineries in Europe, the refinery has been affected by a drop in refining profit margins.

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