Preem launches major investment in renewables

2:00 min

Sweden’s largest fuel company, Preem, has launched a new project to re-purpose its Lysekil refinery in western Sweden.

The aim is to turn the plant into Scandinavia’s largest producer of renewable fuels, the company announced in a press release on Friday. The move follows hot on the heels of Preem’s announcement last month that it was cancelling a major investment in expanding the Lysekil plant.

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