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  • Preem's Press Hotline
    +46 70 450 10 01
    http://www.preem.com
  • Dani Backteg

    Head of Press


    +46 (0)760172595
    https://www.preem.com/in-english/press/

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    I am very pleased to welcome Lina to Preem and to our Group Management. Lina has many years of financial experience and a profile that fits well with Preem's corporate culture, with our strong focus on profitability and market efficiency and financial stability
    Petter Holland, CEO Preem
    It feels very positive and exciting. Preem is a company that is at the forefront in many important areas. I am really looking forward to becoming a part of Preem and continue to develop the company together with my new colleagues
    Lina Stolpe, incoming CFO at Preem
    This feels like a win-win for everyone, where we both create more efficient portraits, reduce our environmental impact while saving money that we can donate for charitable purposes with Sirius. The fact that the choice fell on Mercy Ships is due to the fact that it is a relief organization that stands for international shipping
    Fredrik Backman, Head of Shipping Department at Preem
    Thun Evolve has been built with the latest design to meet and exceed current and upcoming environmental regulations. Thun Evolve meets high standards of safety, efficiency with a very low environmental impact and can be powered by liquid natural gas (LNG) or Biogas (LBG)
    Joakim Lund, Chief Commercial Officer at Thun Tankers
    Our maritime transport is an important part of Preem's operations. We are therefore very pleased with the company's latest addition of new environmentally adapted tankers, using the latest hull design for improved performance, lower fuel consumption and reduced emissions. It is also in line with Preem's high-end sustainability requirements
    Fredrik Backman, Head of Shipping Department at Preem
    The company continues to show good growth and profitability driven by, among other things, stable operations at refineries, good margins and continued increasing sales volumes
    Petter Holland, President and CEO of Preem
    If Sweden is to be an example in the transition to renewable fuels, we need to utilize the unique potential of Swedish sustainable raw materials from forestry and agriculture. We need a policy that stimulates domestic production of biofuels
    Helene Samuelsson, Communications Manager at Preem
    Swedish biomass control tools are aimed at increasing the use of biofuels only, but lack incentives to conserve and increase domestic production of biofuels. This approach must be changed. Increased Swedish production would lead to more jobs, a living rural area and safer energy supply
    Alarik Sandrup, chief executive officer at Lantmännen
    Preem's vision is to be a leader in the transition to a sustainable society, and we are actively working to develop our production of Swedish biofuels. We look forward to working with SAS to expand our production to include in a large scale biojet
    Sören Eriksson, development engineer at Preem
    SAS's sustainability and restructuring work is about investing in more environmentally efficient aircraft, flying in an environmentally friendly manner, and using fuel based on renewable sources. This statement of intent is an important puzzle in our work towards a long-term more sustainable flight
    Lars Andersen Resare, SAS Sustainability Manager
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    Corral Petroleum Holdings AB explores strategic options including the potential sale of Preem Holding AB / Preem AB

    Following instructions from Preem's ultimate owner, Sheikh Mohammed Hussein Al Amoudi, Corral Petroleum Holdings AB (“CPH”) announces that a process aimed at exploring strategic options, including the potential sale of Preem Holding AB/Preem AB (“Preem” or “the Company”) has been initiated.Preem, Sweden’s largest fuel company and Scandinavia’s leading producer of advanced renewable fuels, is currently executing the most significant transformation in the Company’s history. The goal is to be a highly profitable and climate neutral business in 2035, while at the same time continuing to supply

    Interim Report First Quarter ended 31 March 2023

    Preem Holding had a good start to 2023. Preem experienced high refining margins and delivered an overall good performance in a market environment affected by continued market volatility. The result was mainly driven by international margins, but a strengthened US dollar also contributed.Key Figures in summary, January-March 2023 · Sales for the first quarter 2023 amounted to SEK 36,845 million compared to SEK 36,831 million for the first quarter 2022. · Adjusted EBITDA totaled SEK 3,496 million for the first quarter of 2023 compared to SEK 2,305 million for the same period last year.

    Pyrocell receives sustainability certification in accordance with ISCC

    Pyrocell's pyrolysis oil production has received sustainability certification in accordance with the international environmental certification system International Sustainability & Carbon Certification (ISCC).The fact that the pyrolysis oil is now ISCC certified means that it can be sold on export markets outside of Sweden. “It feels great that we have certified our production and product in accordance with ISCC,” says Pyrocell's Chairman of the Board Pontus Friberg. “This is proof that our pyrolysis oil meets high standards for sustainability and traceability throughout the entire

    Vattenfall and Preem to investigate large scale decarbonization using offshore wind and hydrogen

    Vattenfall and Preem will now enter into a feasibility phase to assess the possibility of accelerating the development of a value chain connecting offshore wind and hydrogen with the refining industry on the Swedish west coast to swiftly transform to fossil-free fuels, starting latest 2030.Vattenfall sees a huge potential to decarbonize industries like refining, petrochemicals, steel, and fertilizers by using fossil-free electricity and hydrogen. Preem and Vattenfall believe that in order to strengthening Sweden’s position as a frontrunner in the emerging markets of fossil-free fuels and

    Preem publishes Preem Green Financing Framework and announces successful inaugural €340 million green bond offering

    Stockholm, 15 June 2022. Preem, Sweden’s largest fuel company, today announced the successful pricing of an offering by Preem Holding AB (publ) of €340,000,000 of its 12% senior notes due 2027 in accordance with the Preem Green Financing Framework, reinforcing its commitment to ESG principles and its strategic goal of achieving net zero carbon emissions by 2035 across the relevant value chain (i.e. scope 1-3). The closing of the transaction is scheduled for 21 June 2022.One of the essential steps to achieve CO2 reduction is for the company to invest in renewables refining capacity through

    Preem signs SEK 3 billion loan agreement with Swedish Export Credit Corporation

    As part of the strategy to switch to large-scale renewable fuel production, Preem will sign a SEK 3 billion loan agreement with Swedish Export Credit Corporation (SEK). The loan is covered by the Swedish National Debt Office's program for green credit guarantees.This is the first guarantee the Swedish National Debt Office issues within the framework of the central government's green guarantee program and intends to finance Preem's planned major investment at the Lysekil refinery for the production of biodiesel based on renewable raw materials. The biodiesel production will play a central

    Preem publishes its Annual and Sustainability Report 2021

    Preem's Annual and Sustainability Report 2021 has been published. The company reports a strong profit and increased sales against the background of a stable recovery in the market and more efficient operations. Sustainability work is characterized by a revised climate goal, reduced product emissions and renewable investments.“2021 was an eventful year, with both great challenges and several important successes. In the wake of the pandemic, the first half of the year was marked by great uncertainty. By the end of the fall, however, there was a return to normality with growing economic

    Preem hands over emission allowances following a reporting error

    Preem has now compensated for the incorrect reporting of emissions that the company itself discovered in the fall. In dialogue with the Swedish Environmental Protection Agency, Preem has handed over emission allowances corresponding to the amount that was underreported. The transfer took place on March 8.It was during a voluntary internal control at Preem’s refinery in Lysekil that an error was discovered in the carbon dioxide emission calculations that are reported annually to the Swedish Environmental Protection Agency. The inspection showed that Preem on five occasions (2016-2021)

    Preem tightens its climate targets: Climate-neutral value chain 2035

    The fuel company Preem reduces its climate target by ten years. By 2035, the company will achieve climate neutrality along its entire value chain.Swedish fuel company Preem is now accelerating its measures to reduce greenhouse gas emissions. By 2035 at the latest, Preem will have a climate-neutral business with net-zero emissions throughout its value chain, ten years earlier than its previous climate target. “We are sharpening our climate target because we want, can and must. Our generation has a responsibility to future generations to ensure a sustainable change, and for Preem it is a

    Pyrocell commences production

    Production is now underway at Pyrocell's groundbreaking plant in Gävle. The new and pioneering plant converts sawdust into bio-oil.Pyrocell, which is jointly owned by Setra and Preem, was formed in 2018 based on the business concept of producing bio-oil from sawdust. Production at the groundbreaking plant is now underway – and is the country's first pyrolysis oil plant for biofuel. “The commence of production at Pyrocell signals another concrete step in our transition and in our work to achieve large-scale renewable production,” says Magnus Heimburg, CEO of Preem. Pyrocell's plant is

    Preem invests heavily in rapid charging

    The fuel company Preem is investing heavily in rapid charging and has signed an agreement with Recharge to install hundreds of rapid chargers at Preem's stations throughout the country.Preem is now developing its stations together with the leading charging operator Recharge. Preem's stations will initially be equipped with four to eight charging points that will have an output of 150 kW up to 300 kW, which enables considerably faster charging. “This is part of Preem's renewable transition and our strategy to offer more environmentally efficient forms of energy at our stations. By

    Vattenfall and Preem take their fossil-free hydrogen biofuel collaboration to the next level

    According to a study conducted in the spring, the Preem Lysekil plant is very well suited for an electrolysis plant for hydrogen biofuel production. Carbon dioxide emissions can be reduced by at least 80 percent for hydrogen that is produced fossil-free instead of with fossil-based raw materials. An initial 50 megawatt plant will now be investigated.In January, Preem and Vattenfall began a strategic analysis of the role that fossil-free hydrogen from electrolysis, produced with fossil-free electricity, can play in Preem's ability to produce biofuels on a large scale. The results are very

    Preem's refinery in Lysekil begins producing renewable petrol

    The first tests to produce renewable petrol from sawdust have just been carried out at Preem's refinery in Lysekil. Work has now started to process 50,000 tons of pyrolysis oil at the plant. The renewable raw material will be delivered from the Swedish company Pyrocell.Extensive tests have now begun in Lysekil on the catalytic cracker, one of the refinery's largest plants, which primarily produces petrol. The test consists of two parts, an initial smaller batch of 300 tons of pyrolysis oil, followed by a longer test operation that will process up to 50,000 tons of pyrolysis oil for two

    Preem will supply Microsoft with low-carbon fuel for its Sweden datacenters

    Microsoft is establishing a new cloud region in Sweden that will be powered by 100 percent renewable energy and be among the most sustainably designed and operated in the world. Microsoft’s datacenters include generators to provide essential backup power to support business continuity in case of service interruptions or outages. Preem Evolution Diesel Plus, the world´s first Nordic Eco-labelled diesel, will now be available as an option for powering backup generators at Microsoft´s Swedish datacenters.Microsoft select Preem to be a supplier of a low-carbon fuel that can be used for the

    Preem plant increases production of renewable diesel by 40 percent

    Following a redevelopment of Preem's Green Hydro Treater (GHT) plant in Gothenburg, the plant's production capacity of renewable diesel is increased by 40 percent. And for the first time, the GHT plant is able to produce 100 percent renewable products.“The redevelopment means that Preem has increased its domestic production of biofuels and, at the same time, we contribute to the ongoing shift from fossil fuels to renewable,” says Magnus Heimburg, CEO of Preem. “Since starting this journey ten years ago, we have learned a great deal,” Heimburg continues. “We take this knowledge with us as

    Changes in Preem's Executive Management Team

    Preem today announces changes in the Executive Management Team.The management team will, from 18 January, consist of: Magnus Heimburg, Chief Executive Officer (CEO) Lina Stolpe, Chief Financial Officer (CFO) Peter Abrahamsson, Executive vice president (EVP) Sustainable Development Magnus Holm, Executive vice president (EVP) Supply & Trading Christian Bjerdén, Executive vice president (EVP) Market and Sales Ylva Nyberg, Executive vice president (EVP) Communications & Human Resources Aad van Bedaf, Executive vice president (EVP) Refining

    Renewable fuel production begins at Preem’s refinery in Lysekil

    For the first time, renewable raw materials are being converted to Swedish Environmental Class 1 diesel at Preem’s refinery in Lysekil. The aim is to annually produce up to 950,000 cubic meters of renewable fuel by 2024.This is part of a larger project that intends to rebuild the existing Synsat plant for the large-scale production of renewable fuels. To begin with, five percent rapeseed oil will be combined with the fossil raw material for a limited period. This test process is within the conditions of the existing environmental permit and represents an important basis for the refinery’s

    The large-scale conversion of Preem’s refinery in Lysekil begins

    The conversion of Preem’s refinery in Lysekil has begun. In the latest update to the refinery’s environmental permit, Preem will apply to establish the capacity for the large-scale production of renewable fuels at the refinery, which is estimated to reduce climate emissions by up to 1.7 million tons annually.Preem has launched a new project to rebuild the Lysekil refinery to become Scandinavia’s largest producer of renewable fuels. In an initial phase, Preem plans to carry out a redevelopment of the existing Synsat plant, which today produces environmental class 1 diesel. The

    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’

    Liquefied carbon dioxide ready to sail

    Gothenburg and Sweden could be the first in the world to create a joint infrastructure for the transport of liquefied carbon dioxide extracted using CCS technology. The project –CinfraCap – is a unique collaborative venture between Preem, Göteborg Energi, Nordion Energi, St1, Renova, and Gothenburg Port Authority.“We must speed up the process if we are to achieve our climate goals and collaboration is the best way forward. We expect to be able to transport two million tonnes of captured carbon dioxide per year from our quayside facility and to do so we must have an efficient infrastructure,”

    Preem’s operations in Lysekil permitted by the Land and Environmental Court

    The Land and Environmental Court has ruled that the planned operations at Preem's refinery in Lysekil are allowed. Preem sees the decision as a positive step forward and looks forward to a constructive dialogue during the ongoing process.“It is gratifying that the court has made a positive decision. A new environmental permit is crucial for implementing the transition from fossil to renewable production at the Lysekil refinery and is an important part of ensuring Preem achieves climate neutrality by 2045,” says Petter Holland, CEO of Preem. “It is good that the process can now move

    Launch of Sweden’s largest carbon capture and storage plant

    Sweden’s largest test facility for carbon dioxide capture has begun operation at Preem's refinery in Lysekil. Within the pilot project ‘Preem CCS’, the entire value chain will be analyzed – from the capture of carbon dioxide to its storage. The outcome of the project will enable more companies to use the technology and reduce their carbon dioxide emissions.The project is a collaboration between Preem, Aker Solutions, Chalmers University of Technology, Equinor and the Norwegian research institute SINTEF. The Swedish Energy Agency and the Norwegian research and development program CLIMIT

    Preem's Sustainability Report 2019: “The target is set: Climate neutral by 2045” is published

    Preem’s Annual and Sustainability Report 2019 is now published. A stable profit, increased pace of its climate work and a clear goal to be the world’s first climate-neutral petroleum and biofuel companies by 2045 are highlights from this year’s report.In 2019, Preem set the goal to become the world’s first climate-neutral petroleum and fuel company. By the year 2040, Preem will have zero net carbon emissions at its refineries and by 2045 in its entire value chain. The company also raised its target to produce 5 million cubic meters of renewable fuels annually by 2030.“We have set a clear

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