02.07.2024 11:30:51 - dpa-AFX: Shell Suspends Construction Of Rotterdam Biofuel Plant
LONDON (dpa-AFX) - British oil and gas major Shell Plc (SHEL) said on
Tuesday that it has temporarily stopped the construction of the biofuel plant at
the Shell Energy and Chemicals Park Rotterdam.
Shell aims to address several challenges and ensure the future competitiveness
of the plant in light of current market conditions, it said in a statement.
Huibert Vigeveno, Director Downstream, Renewables and Energy Solutions at Shell,
said: 'Pausing construction now will give us the time to assess the most
commercial path forward for the project.'
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