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Preem cancels Lysekil Refinery expansion, focus shifts to renewables

Preem, Sweden’s largest oil refiner, said it will cancel its plan to expand the USD1.65-billion project for the Lysekil Refinery “in the light of new economic circumstances.” The 2016 Environmental Permit Application at Lysekil Refinery will be withdrawn in favor of a re-prioritisation centered around renewable fuel production, Preem announced. The ROCC (Residue Oil Conversion […]

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