Preem exports fully renewable HVO for the first time

In Sweden, Preem began its transition to renewable production ten years ago and now for the first time, a fully renewable HVO produced at the Gothenburg refinery has been exported, an important milestone on the company’s journey towards a climate-neutral value chain by 2035.

Preem is currently undergoing the biggest transition in the company’s history. By restructuring production at the refineries in Lysekil and Gothenburg, the plan is to achieve a production capacity of 2.5 million cubic meters of renewable fuel by 2027, followed by a subsequent doubling of capacity by 2035. The primary focus is on phasing out fossil fuels and replacing them with renewable aviation fuel (SAF) and biofuels adapted for road transport (HVO).

The fully renewable HVO, which is produced at the refinery in Gothenburg, stands out as a unique product with excellent refrigeration properties, making it particularly well-suited for the winter climate in the Nordic region and northern Europe. Additionally, it is produced from residual feedstock, free of palm oil and PFAD, generating considerable interest as the initial load of self-produced HVO100 was prepared for market release. The buyer of 9000 m3 of fully renewable HVO was Shell in the Netherlands.