Shell Abandons Rotterdam Biofuels Project ...Middle East

OILPRICE - Economy
Shell Abandons Rotterdam Biofuels Project
source : OILPRICE ( Middle East ) () 69
Shell has abandoned plans to proceed with the construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam, amid challenging market conditions that makes the project uncompetitive.  Shell’s subsidiary Shell Nederland Raffinaderij B.V. has decided not to restart construction of the plant, the UK-based supermajor said on Wednesday, in the latest setback in the alternative fuels industry globally.   Last year, Shell said it would pause on-site construction work at the biofuels plant in Rotterdam amid…

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