Shell to Temporarily Pause On-Site Construction of Biofuels Facility

Plant Engineering Shell to Temporarily Pause On-Site Construction of Biofuels Facility

2024-07-03 Source: Press release Shell 1 min Reading Time

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Shell has decided to temporarily pause on-site construction at its biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands. With an expected capacity of 820,000 tonnes a year, the project has been put on hold to address project delivery and ensure future competitiveness given current market conditions.

Shell Nederland Raffinaderij, a subsidiary of Shell, is to temporarily pause on-site construction work at its 820,000 tonnes a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands. (Source: James Goldman/Shell) — Shell Nederland Raffinaderij, a subsidiary of Shell, is to temporarily pause on-site construction work at its 820,000 tonnes a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands.
(Source: James Goldman/Shell)

London/UK – Shell Nederland Raffinaderij, a subsidiary of Shell, is to temporarily pause on-site construction work at its 820,000 tonnes a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness given current market conditions.

As a result, contractor numbers will reduce on site and activity will slow down, helping to control costs and optimize project sequencing.

“Temporarily pausing on-site construction now will allow us to assess the most commercial way forward for the project,” said Huibert Vigeveno, Shell’s Downstream, Renewables and Energy Solutions Director.

“We are committed to our target of achieving net-zero emissions by 2050, with low-carbon fuels as a key part of Shell’s strategy to help us and our customers profitably decarbonize,” added Vigeveno. “And we will continue to use shareholder capital in a measured and disciplined way, delivering more value with less emissions.”

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