16th Sep 2021 11:42
(Alliance News) - Royal Dutch Shell PLC on Thursday said it will build a biofuels facility at its site in Rotterdam, capable of producing 820,000 tonnes per year of sustainable aviation fuel and diesel from waste.
The facility will be among the biggest of its type in Europe, Shell said, and produce fuel from used cooking oil, waste animal fat, industrial and agricultural byproducts, and sustainable vegetable oils. It will be located at the Shell Energy & Chemicals Park Rotterdam, formerly known as the Pernis refinery.
Sustainable aviation fuel is expected to make up more than half the output capacity of the facility, with the rest being diesel from waste.
Marjan Van Loon, president director of Shell Netherlands BV, said: "This investment is an important step as we transform the Energy & Chemicals Park Rotterdam from a traditional refinery into a sustainable energy park.
"The project will mean hundreds of millions of dollars of investment each year during construction, it will create hundreds of jobs, and help to maintain the facility's competitiveness for years to come."
Shell's A shares were up 0.7% to 1,486.00 pence, while B shares were up 0.4% to 1,481.40p in London on Thursday morning.
By Ivan Edwards; [email protected]
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