21 Jan 2021 07:37 – Press release here
Following a redevelopment of Preem’s Green Hydro Treater (GHT) plant in Gothenburg, the plant’s production capacity of renewable diesel is increased by 40 percent. And for the first time, the GHT plant is able to produce 100 percent renewable products.
“The redevelopment means that Preem has increased its domestic production of biofuels and, at the same time, we contribute to the ongoing shift from fossil fuels to renewable,” says Magnus Heimburg, CEO of Preem.
“Since starting this journey ten years ago, we have learned a great deal,” Heimburg continues. “We take this knowledge with us as we continue the renewable restructuring of our refineries.”
Focus on renewable fuels is a cornerstone of Preem’s business strategy and the redevelopment is another step toward the company’s goal of producing 5 million cubic meters of renewable fuels by 2030.
“By increasing the production of renewable fuels, Preem contributes to achieving Sweden’s climate goals. Our goal of producing 5 million cubic meters by 2030 means that we can reduce carbon dioxide emissions by 12.5 million tonnes, which corresponds to 20 percent of Sweden’s total emissions,” concludes Heimburg.
The GHT plant Gothenburg can now handle 100 percent renewable raw materials. It sources a variety of sustainable renewable raw materials, including raw tall oil diesel from SunPine, residues from the food industry and recycled frying oil.
PREEM is Sweden’s largest fuel company. Our vision is to lead the transition toward a sustainable society. By 2030, Preem will produce 5 million cubic meters of renewable fuels, and to achieve climate neutrality by 2045. Preem’s two refineries are among the most modern and environmentally friendly in Europe with a refining capacity of over 18 million cubic meters per year. Our business includes production, sales, distribution, as well as trading and the sale of goods. We refine and sell fuel, heating and lubricating oil as well as other products to companies and individuals. Most of our products, almost 80 percent, are exported to the international market, mainly to northwestern Europe. We have a nationwide service network with 570 filling stations for private and commercial traffic. Preem AB has just over 1,500 employees, of which 950 work at our refineries. In 2019, Preem’s turnover was SEK 96 billion.
Contact
For more information, please contact Preem’s press team on 070-450 10 01 or at [email protected].