Preem withdraws 2016 Environmental Permit Application
Preem’s Board today announced that, in the light of new economic circumstances, the ROCC project will be cancelled and the 2016 Environmental Permit Application at Lysekil Refinery will be withdrawn in favor of a re-prioritization centered around renewable production.The ROCC (Residue Oil Conversion Complex) project, a significant part of the 2016 permit application, was an innovative but technically difficult and costly project designed to reduce the production of sulfur-rich heavy fuel oil in favor of low-sulfur products such as diesel and gasoline. As a result of the COVID-19 crisis’