Shell puts a stop to Singapore biofuels, base oil projects
newscatcher
2023-03-31 05:30
Shell puts a stop to Singapore biofuels, base oil projects
SINGAPORE – Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson said on Thursday. 'We can confirm that we are stopping the exploration of two projects – a biofuels unit and a Group II base oil plant in Singapore,' the company told Reuters in an emailed statement. 'We will continue supplying base oil and lubricants, as well as biofuels, to our customers in Singapore and the region.' Shell announced in late 2021 that it was studying a 550,000 tons per year project (tpy) at Singapore's Bukom Island to produce sustainable aviation fuel (SAF) to supply major Asian hubs such as Hong Kong International Airport and Singapore's Changi.

https://business.inquirer.net/393980/shell-puts-a-stop-to-singapore-biofuels-base-oil-projects

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